Headshot
FibElliDott + FlowMaster™ Cross
The Headshot strategy combines the FibElliDott and the FlowMaster™ Cross to create even more confluence for a potential reversal point. The power of the Headshot comes from adding price structure and Real Time Order Flow Analysis (RTOFA).
The FibDot and FlowMaster™ Cross need to appear at a maximum of 10-15 AlgoBars of each other to be considered a valid Headshot.
Here are a few examples of valid Headshots where the FibDot and FlowMaster™ Cross are not perfectly located in the same location but still appeared within 15 AlgoBars of each other:
Stop loss is optimally placed behind the FlowMaster™ Cross.
Suggested targets: -Target 1: 10 ticks -Target 2: 15 ticks
For even more confluence, combine the Headshot with other AlgoBox™ tools such as: -SMLK Timing Lines -Harmonic Patterns -MACV ULTIMATE -Double Delta -Masher -etc.
Only available on AlgoBox™ for NinjaTrader 8. Try AlgoBox™ for free today.
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