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The Profit Taking Index Compares the Buying/Selling momentum in Wave Three with the Buying/Selling momentum in Wave Four. This comparison is the passed to an Algorithm that calculates THE PROFIT TAKING INDEX VALUE.
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The Profit Taking Index Compares the Buying/Selling momentum in Wave Three with the Buying/Selling momentum in Wave Four. This comparison is the passed to an Algorithm that calculates THE PROFIT TAKING INDEX VALUE.
This text is in PDF Help. Please find 2 Attachments.
hi,, the details you provided is not enough as i have no idea what goes on in wave 4 or wave 3 LOL and wouldn't know what differentiates the momentum from each wave hmmmm i think i just got a clue .. also i think this PTI is something hidden and i dont have the advenced get to find out how it works
ofcourse give me sometime i am trying to locate it .. i just had it in my Mt4 version didn't wrote this indicator. i'll post as soon as i find it must be somewhere in my library.