The Atlas Line software for NinjaTrader often produces signals within the first 30 minutes of market open. What else provides signals for market open? The ATO 2 software. This video shows an E-mini Atlas Line and ATO 2 signal almost back-to-back. When the Atlas Line begins to plot, the line extends in a single direction, or vector, throughout the day.
When price is above the line, long trades are encouraged. If price begins to head back down to the Atlas Line, begin to think about going short. An example of confirmation is when an ATO 2 long trade appears above the Atlas Line.
When using these two price action strategies for NinjaTrader 8, there is no need for uncertainty. The same signals that appear on your chart appear on John Paul’s chart.
The risk and reward system (profit target and stop loss) is fully explained for both methods. Profits and stops are based on real-time market conditions. When trading is slow, profits and stops are tigher. Larger values are used when the market is more volatile.
NinjaTrader’s ATM strategy feature can place predefined profits and stops automatically. In the video, look at the instant placement when John Paul uses a limit order.
The Atlas Line and ATO 2 are sold separately. However, Mentorship includes both and about eight other price action strategies. Training is twice a week for eight weeks. All courses and software are included. Training focuses on the E-mini S&P, but many of the strategies work with other futures and currencies.
Each session is recorded. Play back videos to refresh on the material at a later date. With early enrollment, you can get started with the ATO 2 right away.