FX Atom Pro is another indicator of Karl Dittmann, whom we know well from his trading products. FX Atom Pro is a line moving along with the price on the chart. The corresponding line color indicates the current price movement. The red color is a bearish trend (you should open a short position), the blue color is a bullish trend (you should open a long position). The indicator is equipped with an informational table, which displays the current trend, time, trading style and time before the current candle closes.
Characteristics of the FX Atom Pro
- Platform: Metatrader4
- Currency pairs: Major pairs
- Trading Time: Any, recommended European and American sessions
- Timeframe: M30 and higher
- Recommended broker: Alpari, Forex4you, RoboForex
How it works?
As we know, any paid indicator is nothing more than a modified free indicator. FX Atom Pro is no exception. This indicator is based on the already familiar Super Trend (a detailed review here). Here's a comparison:
Of course, the author did a lot of work - he eliminated the repainting of the indicator, which is very, very important. The information board and the system of sound alerts and signals to the email were added. There is a possibility of setting the trading style (Conservative, Medium and Aggressive Mode) with different degrees of risk:
FX Atom Pro is more suitable for day trading than for scalping. But even at small timeframes, the indicator shows good results. The main disadvantage - flat. Therefore, it is necessary to trade on the major currency pairs in the most volatile trading time - London and New York.
To view the indicator, you can watch this video demonstration of trade:
Do not use the indicator alone. It needs additional filters, particularly in filters help to distinguish the flat.
In the archive FX_Atom_Pro_analogue.rar:
- Super Trend template.tpl
- ST + MTF ST_H4 template.tpl
Free Download FX Atom Pro analogue