PAT AMD Indicator Training Course — S&P 500 Market Structure
Watch Martin Cole demonstrate the AMD framework (Accumulation, Manipulation, Distribution) applied specifically to the S&P 500 — one of the most structured and transparent markets in the world.
This training shows how the Market Maker Method, created in 1999, unfolds in real time on the S&P 500 through buffer zones, manipulation phases, institutional positioning, and major player activity. You'll see how PAT visualises market structure clearly and consistently, allowing you to read the three-phase AMD cycle as it develops on live charts.
If you can read the S&P 500 properly, you can apply the same structural process to any market.
About This Course
This video training course is a dedicated S&P 500 market structure series built around the AMD framework (Accumulation, Manipulation, Distribution) originally created by Martin Cole in 1999.
Across seven structured lessons, you'll learn how to read the S&P 500 using the same institutional principles that drive all liquid markets — but demonstrated on the market where structure is clearest and behaviour is most consistent.
You'll learn how to identify:
- Accumulation, Manipulation, and Distribution phases in real time
- Structural buffer zones where manipulation and stop-loss hunting occur
- Areas of market memory and value
- Pressure and stress points before major moves
- Institutional and major player footprints
- How belief and behaviour shift throughout the trading session
All examples and walkthroughs in this course use live S&P 500 charts, making this a practical, focused training series rather than a generic overview.
These videos teach you how to read market behaviour, not predict price.The emphasis is on understanding structure, intention, and the AMD cycle as it unfolds — using the PAT Indicator to visualise the Market Maker Method clearly and consistently.
For the complete written methodology and background framework, see the PAT Manual. Each lesson on this page is supported by a detailed article beneath the video, providing additional insights, explanations, and real-world trading applications.
Course Content
Stop Trading Blind (1/7)
This opening lesson introduces the PAT framework and explains why so many traders struggle without structure. Using the S&P 500 as the reference market, Martin shows how belief, memory, and institutional behaviour create a readable narrative behind price.
Read Market Belief (2/7)
Learn how to read market belief using the Floating Zone on the S&P 500. This concept reveals where the crowd expects price to move and how shifts in belief often precede structural change.
The Market Remembers (3/7)
This video explores Ray Lines and the idea of market memory. You'll see how the S&P 500 repeatedly responds to historical value areas where price previously mattered.
Where Traps Form (4/7)
Buffers and Boundaries define the edges of market structure. Martin shows how manipulation, fake breakouts, and stop-loss hunting commonly occur around these zones on the S&P 500.
Before the Big Move (5/7)
This lesson focuses on Pressure Points — subtle signs of stress building within market structure. Using live S&P 500 examples, you'll see how clusters of pressure often appear before major moves, reversals, or expansions.
Whales Were Here (6/7)
Whale Markers highlight moments where major players have acted. You'll learn how these institutional footprints appear on the S&P 500 and why they become critical anchor points for understanding structure.
The Full Workflow (7/7)
The final lesson brings everything together into a complete S&P 500 trading workflow. You'll see how belief, memory, boundaries, stress, and major player activity combine into a single, coherent process.
Understand the Philosophy
How the Market Makers Extract Millions & How to Grab Your Share
These videos teach you what to see. The book teaches you why it works. Written before PAT became an indicator, it reveals how market makers engineer perception, manipulate belief, and extract liquidity—the foundational philosophy behind the AMD framework.
Learn about the bookWant the Complete Written Framework?
The PAT Manual provides comprehensive methodology, setup scenarios, risk management, and the complete trading framework in written form.
Read the Manual