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Day Trade to Win's Atlas Line (

  #69 (permalink)

Ft Worth
Trading Experience: Advanced
Platform: Ninja, TS
Broker/Data: IB, TS, TOS
Favorite Futures: ES, CL
razor99's Avatar
Posts: 10 since Sep 2009
Thanks: 16 given, 9 received

My quick look at the line from the posts is that a rough estimate is it calculates an angle determined between the previous days close and the current days open. (exact parameters like does it use extended hours close or possibly hi or lo of that bar as point 1 and hi or lo close of next days opening bar is uncertain). This angle or gradient is then used to print a line staring at the 950 bar. Then there probably is an algorithm that decides whether to start the print on top of the 950 bar or below it depending on if the angle is up or down. I had a 5 day trial (wow what a deal!!) a while back (no longer offered) and the line never came into play for thiose 5 days. Asked for extension to properly evaluate it - no dice (someone may crack it?)

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