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.

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

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

🔴🔴 A bearish Double Dott 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 Dott 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: Double Dott

WATCH: A Double Dott 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 Tutorials: Double Dott

WATCH: This short video explains the Double Dott Strategy.

WATCH: Vinny E. Mini talks about the Double Dott 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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