DayTradeToWin.com Atlas Line Indicator Review

Trading-Systems-Indicators.com Atlas Line Indicator Review

The Atlas Line Indicator, an exclusive indicator from day trading resource DayTradeToWin.com, allows traders to accurately predict the direction of price.  Advanced notice of direction is provided through signals (called “orders” by the indicator) that appear on the chart.  The actual line of the Atlas Line is plotted at the beginning of the trading day and is used in conjunction with the order signals.  As with other DayTradeToWin.com products and courses, the Atlas Line is for price action traders.  The Atlas Line works for just about every market – the E-Mini S&P, Gold, the Euro, Crude Oil, and other currencies and commodities.  John Paul, the creator of the Atlas Line, posts daily chart images of the Atlas Line chart working in various markets on the DayTradeToWin.com Twitter, the DayTradeToWin.com Flickr, and popular chart sharing website Chart.ly.

Atlas Line Euro Currency June 16, 2010Atlas Line E-Mini S&P June 15, 2010Atlas Line Crude Oil June 9, 2010

From time to time, John Paul hosts free webinars where he trades live in various markets, as requested by viewers.  To be notified of the next webinar, register at the main DayTradeToWin.com page.

A recent Atlas Line webinar conducted by John Paul:

As stated in our review of the DayTradeToWin.com At The Open Course, Day Trade To Win offers solid customer support with an excellent track record of company longevity. John Paul has been day trading for over 10 years and he has been teaching for around half that time.  Originally, John developed the Atlas Line for use by a company.  Since that exclusivity contract has expired, the Atlas Line is now available to regular day traders.  With that said, the Atlas Line has been around for a while, just not available to the public until the last couple of years.

John Paul agreed to send us a copy of the Atlas Line with a time trial limit of a couple of days in order to perform our review.  He also sent us documentation on how to install and understand the indicator. John also offers a how-to webinar for Atlas Line customers which personalizes the support to ask any questions and maximize your trading potential.  In the instruction, two simple rules are outlined: when price is above the Atlas Line, go with long trades; when below, go with short trades.  The Atlas Line works for both TradeStation and NinjaTrader.  We prefer to use NinjaTrader because of the back-testing capabilities and the simulated trading mode.

Installation was quick and painless – NinjaTrader accepted the indicator like it was a part of itself.  On June 15, 2010, we started trading the E-Mini S&P in simulation mode at around 10:00 a.m.  An order signal to “go long” was immediately given – and we took the trade.  To our surprise, price stayed above the Atlas Line just as the order indicated.  By 11:00 a.m., price had steadily climbed to around 1098.  No need do to the math here, but the difference in price between the entry price and the 11:00 a.m. price (when we stopped testing) is approximately three points!  If we  were trading in “real mode,” this would have easily been a few hundred dollars.  The rest of the morning, we back-tested the Atlas Line, and just like the ATO (At The Open method), we found it to be accurate over 90% of the time.

Most trading indicators provide information that has little relevance to the future.  The Atlas Line is all about predicting the direction of price, so lagging effects and other problems commonly experienced with indicators do not apply.  It is almost as thought the Atlas Line is not an indicator, but an experienced day trader (in digital form) looking over your shoulder providing years of market experience.

Two Atlas Line pricing options are available: a six-month license for $599 and a lifetime license for $1800.  We recommend the lifetime license, as an investment like the Atlas Line quickly pays for itself.  It would be unfortunate to missing a few trades one morning because you forgot to renew your sixth-month license!

Accuracy – **** (4/5)
Ease of Use – ***** (4/5)
Reliability – **** (4/5)
Cost vs. Profit – **** (5/5)
Company Information / Customer Support – ***** (5/5)

Bottom Line

Very few indicators can produce the accuracy and consistency of the Atlas Line.  Mixed signals, multiple trading rules that you have to memorize, a cluttered screen, etc. are some of the things a user will NOT be experiencing; very simple to use and understand.  The Atlas Line is Perfect for beginner traders, those who have tried it all, and those who just want to have an edge.  Also, it works with every market!  We highly recommend the Atlas Line indicator and award it with a **** (4/5) rating.


CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

GOVERNMENT REGULATIONS REQUIRE DISCLOSURE OF THE FACT THAT WHILE THESE METHODS MAY HAVE WORKED IN THE PAST, PAST RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. WHILE THERE IS A POTENTIAL FOR PROFITS THERE IS ALSO A RISK OF LOSS. A LOSS INCURRED IN CONNECTION WITH TRADING FUTURES CONTRACTS CAN BE SIGNIFICANT. YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION SINCE ALL SPECULATIVE TRADING IS INHERENTLY RISKY AND SHOULD ONLY BE UNDERTAKEN BY INDIVIDUALS WITH ADEQUATE RISK CAPITAL.

ANY ADVISORY OR SIGNAL GENERATED BY DAY TRADE TO WIN IS PROVIDED FOR EDUCATIONAL PURPOSED ONLY. ANY TRADES PLACED UPON RELIANCE ON WWW.TRADING-SYSTEMS-INDICATORS.COM ARE TAKEN AT YOUR OWN RISK FOR YOUR OWN ACCOUNT. PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS. WHILE THERE IS GREAT POTENTIAL FOR REWARD TRADING COMMODITY FUTURES, THERE IS ALSO SUBSTANTIAL RISK OF LOSS IN ALL TRADING. YOU MUST DECIDE YOUR OWN SUITABILITY TO TRADE OR NOT. FUTURES RESULTS CAN NEVER BE GUARANTEED. THIS IS NOT AN OFFER TO BUY OR SELL FUTURES OR COMMODITY INTERESTS.



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