In this post I will be reviewing the Atomic Up Down Forex Indicator. This forex trading indicator developed for the free to download MetaTrader 4 trading platform that gives buy and sell signals. It can filter signals and the noise out of the market. It is simple to use with colour coded indicators and clear entry/exit points into the market. It is suitable for beginner traders and I do believe that the more advanced traders would find it a useful indicator to add to their trading arsenal. It is very diverse as it can be used to give signals on multiple currency pairs and time frames.
Atomic Up Down Indicator Trading Strategy
The Atomic Up Down Forex Indicator looks to buy and sell on extremes in the market. It should be used with solid money management principles. I would cut the losing trades short and let the winners run. It is very flexible and can be used on any currency pair or time frame so there is always a trading opportunity. It can be used in both ranging and trending markets.
It does include a trend power identifier if you would prefer to only enter into existing trends whilst it tries to avoid giving you signals as a trend is coming to an end to ensure that you enter at a suitable price.
It does not repaint so signals will not change and this enables you to visually back test it accurately. There is a blue box where you can place buy trades and a red box for sell trades. These boxes may also be used as a point to exit your position before potentially entering in the opposite direction.
You can even use it alongside your existing trading strategy as an additional filter or can look for price action patterns in the blue/red areas to time your entry. There is also a built in RSI indicator to give further clarification on overbought/sold areas.
Atomic Up Down Indicator Summary
The Atomic Up Down Indicator can be used as a standalone manual forex trading system and even be combined with further technical/fundamental analysis and candlestick patterns. Make sure you have good money management and trading discipline. It comes with detailed instructions including trade examples, the actual indicator itself, full support, license for your trading account and a no questions asked 60 day money back guarantee.