Trading System Second Day Review: ATO 2 & Atlas Line

Did you see yesterday’s ATO 2 and Atlas Line signals? Here’s another example of how one trading system can work with another. The Atlas Line and ATO 2 once again agreed that “long” was the way to go. Both signals appeared around 10 a.m. EDT. The signals appear upon bar close. That means you have a little bit of time to place a trade. The included live training and training video cover what type of order to place. As you probably saw from yesterday’s video, marker orders can work just fine.

Some traders may consider the E-mini’s Aug. 2 activity to be a trending day. Trending days, though considered easier to trade, are not very common. Choppy days or days where short periods of upward and downward movement occur are much more common. Overall, a good trading system should be able to catch more winning than losing trades.

The video spends a bit of time reviewing how to add indicators to your chart. By default, NinjaTrader comes with many indicators. If you bought and installed the ATO 2 and Atlas Line, you will see it on the indicator list. Otherwise, you can practice with some of the free indicators. We use the ATR and Bar Timer most often.

Once an indicator is imported, it’s a good idea to save the original .zip file. We encourage our clients to put all of our “DTTW” indicators in a folder for safekeeping. In case a new computer is purchased, it’s easy to transfer over the files for importing into a new NinjaTrader installation.

If you are unable to trade during the first 2.5 hours of the trading day (9:30 a.m. to noon, EDT), then you may want to use the Market Replay (also called Playback Connection) feature. You can download and play back historical price data and practice trade as though your charts are live.

If you want to learn more about each trading system, visit the official ATO 2 and Atlas Line pages.