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You can very,very closely relpicate PTI by using ADX on a higher time frame.
gtm@xxxxxxxx writes:
<< >
> Been playing around with AGet 7.2 Does anyone know anything about
> PTI (Profit Taking Index)??? I understand how it works.. I am just
> curious how reliable this indicator may be??
>
> Been reading Tom Joesph's Mechanical Trading System.. Just want to
> find out from others who have already tried or test the system..
>
> Also wondered how reliable the wave counts would be with this
> program...
>
> I like the program but do not like the price that the vendor is
> offering for this program.. >>
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