: PATS is most commonly traded on a 2000 tick chart for the ES (S&P 500 futures). Unlike time-based charts (e.g., 5-minute), tick charts form bars based on a specific number of transactions, providing a clearer view of order flow and volume during active periods. What is in the PATS Trading Manual?
I will cite the sources I've found, such as the official site, the PDF listing, reviews, and forum discussions. I need to ensure the article is well-cited and informative. I will also include a section on the legal aspects of PDF downloads.
If you are a trader who prefers a rule-based, minimalistic approach (naked price action) and has the discipline to study the market and wait for specific setups, the PATS manual is a valuable resource [1]. pats price action trading manualpdf work
: The system relies on a clean price chart with almost no indicators, except for a 21-period Exponential Moving Average (EMA) used as dynamic support or resistance.
A specific candle that signals the entry point (e.g., a "failed second entry"). : PATS is most commonly traded on a
According to a 2024 Reddit thread , users generally agree that the manual is worth it, but more for the access it gives to the community and the supplementary video lessons than for the text alone. The manual provides the "rules," but the videos show you how those rules apply in real time.
The 21 EMA serves as the ultimate visual filter for trend direction and dynamic support or resistance. I will cite the sources I've found, such
The , written by head trader Mack, is a comprehensive guide designed to teach traders how to read "naked" price charts without relying on lagging indicators. It primarily focuses on high-probability scalping techniques, specifically for the S&P 500 E-mini futures (ES) market, though the principles are applicable to any high-volume market. Core Methodology
The system is built on identifying specific repeatable patterns and market geometry: Second Entries
on the majority of his contracts while leaving a small portion (runners) to capture larger moves. Manual Content & Format