The PT Indicator is based on the Average Daily Range or the Average Range of a Parameter that is normalized to be bounded to oscillate between 0 and 100 percent of the recent price variation.
The indicator is based on statistical concepts that were first introduced by Welles Wilder in his book, "New Concepts in Technical Trading Systems."
The JATS PT Indicator plots these statistical percentages based on the "Bell Curve" of a given range parameter that can be used in trading as entries, or as profit targets and stop losses.
Multiple time frames are used in the PT Indicator Points & Levels, such as the Monthly, Weekly, Daily, Globex, RTH and 1 Hour IB Ranges.
JATS PT Indicator Points & Levels
Subscribe to receive Daily/Weekly Commentary that is posted to advise of markets responding to the JATS PT Points and Levels and to discuss any noteworthy point ranges achieved during trading sessions.
Additionally, you can separately subscribe to receive image files of JATS PT 1-2-3 + Fib Extension Points & Levels for Currencies, Energy, Equities and/or Metals on Monthly, Weekly, Daily, Globex and 1 Hour Initial Balance Range Levels generated by JATS PT Indicator for those markets.
JATS PT Points & Levels are currently provided for Currencies, Energy, Equities & Metals. Other markets may be included in future.
Subscribe to keep informed of where markets are trading inside the Bell Curve Ranges and to receive image files as well as excel spreadsheets of the Monthly, Weekly, Daily, Globex and Initial Balance levels for these futures markets.