In this post I will be reviewing another Karl Dittmann forex trading system this one called FX Atom Pro. Just like some of Karl Dittmann’s other forex trading systems, the FX Atom Pro runs in the free to download and widely used MetaTrader 4 forex trading platform which is available from nearly all forex brokers worldwide.
I would always use an ECN forex broker for the best possible trading conditions such as low spreads, low commissions and plenty of liquidity to ensure low slippage and best price quotes for entering and exiting trades. IC Markets are my top choice of forex broker for manual and automated trading strategies.
The FX Atom Pro trading system is a combination of very easy to interpret and colour coded forex trading signals that will provide you with what it interprets as good entry and exit opportunities in the forex market. Thus, due the FX Atom Pro ease of setup and use, it is suitable for both beginner and advanced forex traders amongst you. You do not need to take every signal, I would always verify them with my own analysis.
The FX Atom Pro indicator is another forex trading system from the Karl Dittmann whose previous forex software I have reviewed including Fibo Quantum, Super Profit Scalper, Pips Wizard Pro, Forex Enigma, Forex Monarch, Forex Resolut, Exynox Scalper System, Onyx Scalper, Alfa Scalper, DNA Scalper, X Trend Premium, X Scalper, Set Forget Pattern Profit, Rapid Trend Gainer, Infinity Scalper, Forex Equilibrium, Triumph Scalper, Forex Starlight, Forex Spectrum and FX Meta Scalper.
What is the FX Atom Pro Trading System?
The FX Atom Pro uses a unique algorithm to analyse the forex market and then present you the results in colour coded indicators which when they agree, produce signal alerts for you to then decide if you should take the entry or not. You can also use the signals for potential market turning points and thus trade exits.
FX Atom Pro can be used on any currency pair or time frame you wish, the major currency pairs tend to have tighter spreads due to their liquidity whereas the higher time frames (h1 and above) help me to filter out a lot of noise that lower time frame can give.
Due to its flexibility, you can use the FX Atom Pro indicators when it suits you to fit around your schedule. You can also use it on other trading instruments provided your broker provides them via their MT4 platform. It can be used for scalping, swing trading, day trading and holding positions for the long term.
You do also not need to watch the charts as it can analyse multiple currency pairs and time frames simultaneously and send you sound, mobile and email alerts when it finds a signal.
How does the FX Atom Pro Indicator work?
The FX Atom Pro system has been developed to run in the MT4 platform. It comes as a trading template along with built-in indicators that you can apply to your chosen chart symbols and timeframes. You can use the default settings or adjust them according to your own needs. I would certainly practice on a forex demo account to begin with and only use this manual forex strategy as supplementary indicators to my own market analysis.
FX Atom Pro generates easy-to-follow buy and sell signal lines right on your chart. Therefore, when the buy line appears – you might look to enter a buy trade. And when a sell line appears – you might want to consider closing that buy trade and opening a new sell trade.
On top of that, the FX Atom Pro indicator gives you optional Stop Loss and Take Profit levels for each trade via 3 different alert types. You do not need to use these levels, as you should always be implementing a money management strategy that you feel comfortable with.
The FX Atom Pro software has sound alerts, email alerts, and a mobile push notification system that can inform you of every new signal and its details wherever you are. You don’t have to sit glued-on in front of the screen all day to predict the next market movement. Alerts will inform you when it there is a signal what might be a sign to open or close a trade.
The Conservative Mode offers low-risk signals with a normal signal frequency and is very well suited for those who prefer to trade as safe as possible. The Aggressive Mode generates more signals but is best used by the more experienced traders with a higher risk appetite. And the Medium Mode is for those itching to try out the Aggressive Mode but feel they’re not ready for it.
On top of that, there is also an additional Custom Mode that allows the more experienced traders to experiment with the settings manually.
FX Atom Pro Summary
Hopefully, this FX Atom Pro Review will help you to decide if this is a forex trading strategy that you would like to try out. I think that it has some potential but does require the user to take some initiative. This means that you will need to confirm each trading signal with your own market analysis to make sure that you are happy to take the trade. If not, you can always wait for the next opportunity to come along.
Overall, I think that the FX Atom Pro is a basic manual forex trading system on the surface and seems to be designed more for trending markets. I would personally add further technical, fundamental and price action analysis to confirm signals whilst I would certainly ensure that I have a good money management strategy in place to ensure that winning trades are greater than losing trades and of course as always, I would try and have my trading emotions in check!
I would practice on a MetaTrader 4 demo trading account until I get used to the FX Atom Pro system. This can be a good way to see if it is a suitable forex trading strategy that meets your needs. The FX Atom Pro comes with templates, indicators, instructions, support, updates and some bonuses as well as a money back guarantee.
FX Atom Pro
$149
Pros
- Versatile Trading System
- Manual Trading System
- Multiple Currency Pairs
- Multiple Timeframes
- Detailed Instructions
- Full Support
- Color Coded Indicators
- Signal Alerts
- Money Back Guarantee
Cons
- MetaTrader 4 Only
- Quite Basic Forex Strategy
- Not Very Innovative
- Requires Some User Initiative
Self-confessed Forex Geek spending my days researching and testing everything forex related. I have many years of experience in the forex industry having reviewed thousands of forex robots, brokers, strategies, courses and more. I share my knowledge with you for free to help you learn more about the crazy world of forex trading! Read more about me.
