Double Dott
Double Confluence 🔵🔵
The AlgoBox™ Double Dott strategy consists of two FibElliDotts of the same direction appearing closely together up to a maximum of 10 to 15 AlgoBars of each other.

The optimal location for stop loss on a Double Dott setup is behind the latest FibDot.

Extra confluence like SMLK Timing and Delta Flagging should be considered and can enhance your analysis..
But What If?
What if the FibDots don't match direction? Our default stance is to consider the latest successful signal.
"Recency is key." -Vinny E. Mini

In most cases, the latest signal could be the guide for direction, but Order of Operations and context is still required at all times in your trading analysis.

Example: Double Dott

Video Tutorials: Double Dott
Only available on AlgoBox™ for NinjaTrader 8. Try AlgoBox™ for free today.
Last updated