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We get a lot of questions from non-customers on how to interpret Atlas Line signals. We figured it would be best to examine a recent day that was full of Atlas Line trades that would best demonstrate multiple scenarios. Take a look at the 5-min ES chart above.
Summary:
9:55 a.m., Entry – Two consecutive closing bars above the plotting Atlas Line generates a Double Bar Long order signal
10:05 a.m., Profit Target (+5 ticks) – Profit target, based on ATR, is hit
10:45 a.m., Entry – Pullback Trade is activated
11:05 a.m., Profit Target (+4 ticks) – Profit target, based on Pullback Trade rules, is hit
11:35 a.m., Entry – Pullback Trade is activated
11:55 a.m., Profit Target (+2 ticks) – Profit target, based on Pullback Trade rules, is hit
11:55 a.m., Entry – Strength Trade is activated
12:05 p.m., Profit Target (+4 ticks) – Profit target, based on Strength Trade rules, is hit
Total profit or loss for the day (excluding slippage, commission, fees, etc.): +15 ticks
Remember that the best time to trade the Atlas Line with the ES is from 9:30 a.m. to 12:00 p.m. EST. John Paul has updated all of the Atlas Line recent trades through January 17, 2014. Click here to the trade performance. Again, the trades listed on the page occurred during the preferred time frame.
After purchase, we email you the Atlas Line software and instructions. We also provide you with a training video ahead of time to teach you how to use the Atlas Line. We also invite you to the next live training session, where John Paul shows you and a handful of other new Atlas Line users how to use the software. We also provide you with a recording of the live training session. Free support is provided for the duration of your license. Click here to go to the Atlas Line purchase page.