Feature 2: PAT Trace

PAT Trace is basically a trend tracer tool which captures the retracement effectively, the tool can be used in all the time frames but its very effective for scalpers and swing traders as it captures the market move precisely for these timeframes. PAT Trace basically analyses historical price data on a chart to identify and interpret patterns, support and resistance levels, trend lines, and other technical indicators. It helps traders make informed decisions by analyzing past price movements and anticipating potential future price actions.

PAT Trace settings is straight forward, just that it needs to be enabled in the PATAlgo Pro settings as below.

Some common examples of the Trace effectively supporting the trade decisions are below.