If you’ve spent any considerable amount of time in front of a chart or trading with indicators, then you know the feeling of confidence when multiple indicators “agree” with a trade. Confirmation from multiple sources may provide a better indication the trade will be profitable. Of course, there are no guarantees. Trading is risky. DayTradeToWin.com’s approach to indicators is different. They claim their indicators are forward-looking and do not lag. Signals are provided before a move occurs. In this video, you will see how the Atlas Line, ATO 2, and ABC indicators work together to identify trending markets.
To start with, the Atlas Line produces multiple long signals: a Double Bar signal as well as Strength and Pullbacks. Shortly thereafter, the ATO 2 indicator plots a long signal. Because price is above the Atlas Line, long trades are preferred. The ATO 2 signal is confirmed by the Atlas Line. Apply the ABC strategy to split the day into three seconds. In section B (after 12 p.m. US/Eastern), a short signal is produced by the Atlas Line. This signal is caused by two closing candles below the line. The ATR is used to determine profit. The current ATR value is about two points. What would have happened if you took this trade? John Paul says it would have been a winner.
Look at the activity from June 9. See the Atlas Line short Strength and Pullbacks? These signals come after the A range. In effect, they’re testing the range. To further confirm, the ATO 2 short signal plots right after the A range. With all of these signs the market will drop, guess what happens? Price trends bearishly. Three separate methods confirm market direction. Follow price action. Guessing will soon fail you. All of the strategies seen in the video (plus about seven more) are included in the upcoming Group Mentorship class available. Mentorship includes an eight-week trading school and all courses and software for one low price. Get all the strategies you’ll need to be a pro trader.