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Atlas line indicator - can't get any wins. Any tips?


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Atlas line indicator - can't get any wins. Any tips?

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  #1 (permalink)
ImActuallyStupid
Dallas, TX
 
 
Posts: 10 since Feb 2021
Thanks: 1 given, 1 received

I got Atlas Line indicator for NT recently and am finding that I'm just getting bad signals each time, and losing my money as a result.
I want the software to work, but I can't seem to get anyone to give me support from their website. My emails appear to just go into a blackhole.

Here are signals this indicator gave me the past 3 days. As you can see, if you take the "short" when it pops-up, you will lose, unless you are maybe considering 1 tick a profit...?

If anyone else is using this indicator, I would appreciate any help/tips/rules that might help it work (more often).


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  #2 (permalink)
JohnTCHT
Jacksonville, FL USA
 
 
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Have you tried 30 second candles? I find that few trends last even 5 minutes on most days on ES. Other than the daily open which is too volatile, Sunday night open --- also volatile, 4:00 AM EDT when Europe opens, or the end of the day when there is usually a trend to close, few go that long other than a day with an all-day trend where you would get few signals, I presume.

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  #3 (permalink)
ImActuallyStupid
Dallas, TX
 
 
Posts: 10 since Feb 2021
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JohnTCHT View Post
Have you tried 30 second candles? I find that few trends last even 5 minutes on most days on ES. Other than the daily open which is too volatile, Sunday night open --- also volatile, 4:00 AM EDT when Europe opens, or the end of the day when there is usually a trend to close, few go that long other than a day with an all-day trend where you would get few signals, I presume.

Nah I've just been doing 5 min candles. It's the recommendation for the indicator (in instructions) so I haven't tried much else.
The profit goal is supposed to be what the ATR is or a little less. So if it's 4.5 or whatever, you're aiming for 3 - 4 profit goal, with a stop of 5.

If I make candles shorter, it's hard for me to understand what a reasonable profit target is. The ATR ends being like .75 or something so I have no idea if that's more for scalping 1 point or what.

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 DavidBodhi 
Milwaukee, WI, USA
 
Experience: Intermediate
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Trading: Equities
 
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ImActuallyStupid View Post
I got Atlas Line indicator for NT recently and am finding that I'm just getting bad signals each time, and losing my money as a result.
I want the software to work, but I can't seem to get anyone to give me support from their website. My emails appear to just go into a blackhole.

Here are signals this indicator gave me the past 3 days. As you can see, if you take the "short" when it pops-up, you will lose, unless you are maybe considering 1 tick a profit...?

If anyone else is using this indicator, I would appreciate any help/tips/rules that might help it work (more often).



If these are very consistent, try entering in the opposite direction from the signal..... <shrug>

And continue testing IN SIM, where you won't be losing your money.

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 cory 
the coin hunter
virginia
 
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we discussed this indicator many times here

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