The development team of Atlas Trading Assistant (ATA), a popular tool to help traders implement various trading strategies in the cryptocurrency market and other international financial markets, has recently launched a free Telegram bot that can be used to spot specific trading positions. Relying on the strategy of pullback to trend line and pullback to moving averages.
This functional robot is dependent on the Atlas trading assistant, and its use does not require payment; For this reason, it has been well received by active traders in the digital currency market.
By receiving the required signals from the ATA professional trading assistant and identifying special trading positions between different currency pairs, the Poolback robot makes the work of traders in favor of this strategy much easier and faster, and provides evaluated offers to people.
In this article, we have taught how to receive special trading positions based on the pullback strategy from this Telegram robot and we have pointed out some tips so that you can use the features of this free robot in your transactions in the best way.
Note that this robot is not designed to provide buy and sell signals and is merely a tool to help traders identify appropriate trading positions with respect to the pullback to trendline and pullback to moving averages strategies.
What is pullback to trend line or MA and how to use it in our trades?
Pullback strategy to the trend line or moving average on which this robot is designed is used when the price is moving in a certain trend; This trend, which can be upward or downward, at some point breaks the identified trend line or moving average, or a breakout occurs.
After this failure, if the price returns to the level of the trend line or the mentioned average, it can be said that a pullback has been formed. This breakdown and the pullback after that is a good sign for a trend change in the market. That is, if the overall trend before the breakdown is bullish, the upcoming trend is likely to be bearish, and if the previous trend is bearish, the upcoming trend is likely to be bullish.
To get the confirmation of the trend change from the chart and also to use this strategy more optimally, there are tips that are taught in the ATA Poolback Finder robot and we have mentioned them in the rest of this article.
Learning how to work with the ATA poolback robot
First of this address Enter the ATA Pullback Finder telegram bot and click on the start bot option.
Now the menu for working with the ATA Pullback robot will be displayed to you, and through this menu you can access different parts of the robot. If you are not familiar with the pullback strategy from the trend line or moving average, it is better to refer to the “Pullback Tutorials” section first.
In this section, there are comprehensive, free and practical tutorials that you can watch and master these two strategies in a short period of time. To see tutorials related to how to work with the bot, you can click on the “Teaching Bot” option.
Now we can move on to the main part of the bot, namely “viewing pullbacks”.
Before the pollbacks are displayed, you will be asked to enter your information, including your first and last name, email address, and contact number.
After entering your contact information, you can choose between two popular options for using pullbacks in trading, the trendline pullback and the 400 moving average pullback. In this tutorial, for example, we will examine the pullback option against trend risk.
Just keep in mind that a pullback to Moving 400 on a 12-hour timeframe is the same as a pullback to Moving 200 on a daily timeframe. The developers of this robot have used Moing 400 in the 12-hour time frame instead of Moing 200 in the daily timeframe so that users can monitor the market faster and not have to wait 24 hours for the daily candle to close. This shows the creativity and cleverness of this Iranian development team.
Next, you will be asked to enter a captcha code to continue the process and confirm your human identity. The development team has always been concerned that robots cannot use this tool for signaling. Therefore, human identity verification (captcha) is placed in this section.
Now you can choose between two exchanges, Binance and Kocoin. In this step, you actually specify which exchange the robot will show you the trading positions of digital currencies in the market. Besides, in the future, more exchanges and global financial markets will be added to this part of the ATA Poolback finder robot.
In this step, you can also choose the timeframe you want. For the pullback to the trend line, two 15-minute and 4-hour timeframes are available, and for the 400 moving average, a 12-hour timeframe is available to traders.
In the end, the Pullback robot will show you its trading positions as follows. As you can see, in addition to the trading currency pair information, timeframe, exchange name, etc., the image of the chart along with the trend line has been drawn for you and everything is ready to analyze and decide how to enter the transaction.
Also note that this bot is free and the only thing Poolbackbot asks users to do is to send videos of their trades. In the robot, there is a section called “Results sent by users” where videos sent by users are placed in this section. The development team of Polback Yab bot believes that these videos will help users share their trading experiences with each other and ultimately improve the performance of other traders. The development team plans to add pullback to resistance and support, pullback to triangle, pullback to bottom and ceiling of the channel and other pullback strategies to this robot in the next stages.
So you can increase your user level by simply sending video to the ATA Telegram bot, getting more trading positions per your request from the bot.
Click to join the free ATA pullback bot.
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