MongoError: connect ECONNREFUSED 127.0.0.1:27017

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I'm using NodeJS wih MongoDB using mongodb package. When I run mongod command it works fine and gives "waiting for connection on port 27017". So, mongod seems to be working. But MongoClient does not work and gives error when I run node index.js command-

MongoError: failed to connect to server [localhost:27017] on first connect [MongoError: connect ECONNREFUSED 127.0.0.1:27017]

I would suggest you to add allow connections from all IP addresses in your MongoDB atlas dashboard security settings.