If the blue dot is before the formation of the blue box, then ignore the signal. The best signals are when the blue dot is inside the blue box and the same for the red dot inside the red box for sell signals.
The DTM will plot the boxes automatically according to the short term trend in the market. A red box means look only for Selling opportunities. A blue box means look only for buy opportunities.
Exits:

To exit a trade there are 3 simple exits:
⦁ Exit at Green line target
⦁ Exit at Red line stoploss
⦁ Exit at end of US session if none of the stoploss or target has been hit.
⦁ Exit if a reverse dot appears.

Money Management:

Make sure to never risk more than 2-3% of your trading capital on any single trade. To increase your chances of making more profit try to enter as close to the bottom of the blue box as possible. If you enter at the top of the box the Risk:Reward ratio is 1:2.5 and if you enter at the bottom of the box the Risk:Reward ration is 1:5.7. This is a very important information cause it means if you enter at the top of the box you can win 3/10 trades and breakeven, and if you enter at the bottom of the box you can win 2/10 trades and breakeven. If you follow the simple trading rules above you should win over 8/10 trades. Its simply a blue dot in a blue box to enter a trade.

Other strategies with Daytrade Master:

If you want to find more trading opportunities, you can trade with the Daytrade Master indicator along with your other trading strategies, such as the Harmonic patterns or TMA on Hourly Charts. These however need that you have more trading experience, but just wanted to tell you that you can use Daytrade Master indicator with other strategies to have more day trade candidates with proper Risk:Reward at least 1:2.5

Attached :

ChartCycles v1.2.ex4
DTM v2.4.ex4
Golden Finger.ex4
Heiken_Ashi_Ma.ex4
Intrepid Symbol Changer.ex4
DayTradeMaster.tpl
User’s manual.

Free Download 

The system can be applied to all time frames and currency pairs with equal success, but I personally prefer to trade it on the following pairs as they tend to perform the best for me.

It might be different for you, and that’s alright, but I’m sure you’re curious to know the pairs that I trade so here they are: EURUSD, GBPUSD, USDCHF, AUDUSD, USDCAD, EURWY and GBPJPY.
Remember to tighten your Stop Losses around High Impact News Releases or avoid trading at least 15 minutes before and after these events.
I have also found that the best results can be achieved on the 15 Min time frame and the 5 Min time frame.
This system has served me very well and I know that you will enjoy trading it too. If you can follow the rules and these simple guidelines you are well on your way to success as a trader.
I wish you the very best in all your trading endeavors.

Free Download

DecisionBar trading is real trading. As a DecisionBar Trader you won’t get bogged down looking at
countless indicators, which give diverging signals, or trying to evaluate arcane mathematical
relationships. As a DecisionBar Trader you will come to understand that successful trading boils down to accomplishing four things.
1) Identifying When a Potential Trade Exists.
2) Determining the Direction of the Trade.
3) Deciding if You Should Take the Trade.
4) Decide When to Exit a trade.

Our DecisionBar Strategy indicator identifies potential trades and the direction of the trade. It also helps you to determine when to exit a trade along with stops based on your own risk tolerance and market volatility.
Our Risk Oscillators will help you decide whether to take a trade along with any other methods or
indicators you wish to employ.
The DecisionBar Strategy indicator is our main indicator. It is very important that the strategy indicator be optimized for the instrument you are trading, as discussed in the DecisionBar Trading Manual.
The optimal sensitivity settings are different for each instrument you are trading and for each time frame. Knowing how and when to optimize these settings is the key to your success.

The sensitivity setting is an inverse setting. In other words, the lower the setting, the higher the
sensitivity. Higher sensitivity settings (lower numbers) will give you more trading signals. Lower
sensitivity settings (higher numbers) will give you fewer trading signals.
The default setting for the high and low sensitivity is 15/15. These settings are much too low for
today’s volatile markets.
Remember, the higher the setting, the lower the sensitivity. Settings of 30/30 are a good place to
start. For volatile stocks and futures with wide ranges, eMinis and especially forex you may have to go to 40/40, 50/50 or even higher.
The idea is to try to filter out random moves while picking up small to large trends.
Both the high and low sensitivity should usually be set to the same figure.
To determine the proper setting, look at your chart. If the indicator gives you too many signals and a lot of “whipsaws” (moves in and out of positions too fast for a lot of near break-even trades), then decrease the sensitivity (by increasing the sensitivity setting).
The lowest sensitivity setting that eliminates the whipsaws is the proper setting.

Free Download