Lately, we’ve seen significant volatility in the E-mini S&P 500 and other futures and currencies. It’s easy to get stopped out and also easy to reach a greater profit target if price runs in your favor. If your existing trading methods no longer work as well, it may be time to switch up your approach. In this trading video, John Paul from DayTradeToWin.com shares how he tackles fast conditions.
The good news is that for profitable conditions, we need price to have a direction. Volatility tends to produce trends. The Atlas Line often does well with trends, as it provides a directional, diagonal line. The line itself is used to determine entry points. When two closing bars above or below the line occur, an entry signal appears. When above, the signal will be long. When below, the signal will be short.
The Atlas Line plots about 20 to 25 minutes after the market opens. This helps you avoid the frantic chop of market open. The line grows in the same direction until the afternoon around the time of market close. The amount of signals you will see depends on how many line intersects occur. Additionally, you will get Strength (S) and Pullback (P) signals. The rules of which are taught in the exclusive live training and training video. You may use a SuperDOM (our preference) or NinjaTrader 8’s Chart Trader to place trades based on the signals. Click here to purchase the Atlas Line.