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PAT$ Members Important Notice

Notice to all PAT$ members.       Recently we have had some issues with trouble makers on the PAT$ YouTube channel and I addressed that and banned at least one person from the channel. Immediately upon doing so, the hacking attempts to our website have almost doubled their normal rates. It is amazing how…

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FirstExit Custom Indicator Updated Version

This is an updated version the FirstExit custom indicator provided by our friend Steve. This indicator plots a small dash¬†where your first exit would be on any trade. Some people did not like the clutter of dots on every bar, so this one had reduced the dots as some had requested and changed the dot…

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First Exit Custom NinjaTrader Indicator

This is another custom indicator provided by our friend Steve. This indicator plots a dot where your first exit would be on any trade. Steve uses it to easily spot if you have enough room to scalp out of a trade before reaching an important support/resistance area. It could also be helpful for quickly entering…

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Custom Tick Counter Indicator

This is a custom NinjaTrader Indicator that places the tick count beside the last bar that is currently printing on the far right hand side of the chart. Below are instructions on how to import the indicator. There are a few steps, but it is not that difficult. I am not a programmer or tech…

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Pat Risk Indicator

This is the indicator that gives you the size of the bar and the risk if you use that bar as your signal bar. Below are instructions on how to import the indicator. There are a few steps, but it is not that difficult. I am not a programmer or tech guy, so if you…

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Trading Time Indicator

This is the indicator that plots the trading times on your chart. Below are instructions on how to import the indicator. There are a few steps, but it is not that difficult. I am not a programmer or tech guy, so if you need help, contact NT please. ūüôā I am happy to provide the…

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Reversal Patterns

This lesson is going to go over reversal patterns and the clues that you will often get when a bottom or top is forming on a price chart. ¬†Most of the clues are very subtle and the average person would never see most of them, much less recognize that the market is saying slow down,…

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Day Trading Is Mostly Mental

I have been fielding a lot of¬†questions lately on trading psychology,¬†so today we are going to talk about why day trading is mostly mental. ¬†If you break trading down to the very basics, much of it is very similar to life in general. ¬†It is a catch 22 really, as your trading plan and your…

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Bid/Ask Indicator

I get a lot of requests for the Bid/Ask indicator that I use¬†with NinjaTrader, so I am adding it here for anyone that wants it to download. ¬†This indicator will work only with version 7 of NinjaTrader, and I do not have one for any other software programs. ¬†Basically what this indicator does is add…

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High Volatility And Large Signal Bars

I have gotten a few questions about the high volatility and large signal bars¬†we are experiencing lately. ¬†These large bars and additional volume make it difficult¬†to enter using our minimum 2 point risk rule. ¬†In times like this when volatility is very high, you are better off getting more out of your trades than usual,…

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