A fracturing valve comprising a tubular mandrel having a through bore continuous with a tubing string, and a frac window through the side of the tubular mandrel. An outer sleeve is radially disposed around the tubular mandrel. The outer sleeve includes a sleeve port in a sidewall. The tubular mandrel slides relative to the sleeve by application and release of set down weight on a coiled tubing string. When the valve is closed, there is no fluid communication from the tubing string out of the frac window. When the valve is open, fluid communication from the tubing string is enabled. The valve may be installed in a downhole tool having a perforation device. The tool string can be used with one sealing element as the tool is pulled up the hole isolating lower perforations, or with two sealing elements to allow pin-point treatments isolating perforations both up and downhole.