Double Dot

Double Confluence 🔵🔵

The AlgoBox™ Double Dot strategy consists of two FibElliDotts of the same direction appearing closely together up to a maximum of ten to fifteen AlgoBars of each other.

🟢🟢 A bullish Double Dot setup and price reverses to the upside immediately after.

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

🔴🔴 A bearish Double Dot setup example and price drops immediately after.

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 this example of a Double Dot we have a 🟢 bullish FibElliDott followed by a 🔴 bearish FibElliDott, where the price drops immediately after.

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.

In this example of a Double Dot we have a 🔴 bearish FibElliDott followed by a 🟢 bullish FibElliDott, where the price reverses to the upside immediately after.

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Example

WATCH: A Double Dot long setup appears inside the King Timing zone on NQ futures. This GIF has been sped up 600x for brevity.

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Video Tutorial

WATCH: Vinny E. Mini talks about the Double Dot strategy (41:00) and so much more in this Mentorship Monday live stream video tutorial.

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Only available on AlgoBox™ for NinjaTrader 8. Try AlgoBox™ for free today.

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