Plover

Speed Scalping Strategy

The Plover strategy consists of a FlowMaster™ Cross, a P-PRZ (yellow PRZ) and fast market speed. It combines order flow and Harmonic structure for confluence. The Cross appears prior to price touching the P-PRZ while it's still yellow.

An example of bullish Plover.

A valid Plover setup also requires the FlowMaster™ Cross to appear during a straight leg of price movement is heading towards a P-PRZ.

An example of bearish Plover.

The final confluence for a higher probability Plover setup is the element of fast market speed. This can be quantified by both FlowMaster™ AudioBox signals matching the same direction as price movement and AlgoBox™ Speedometer showing a higher than average speed.


Plover Example

WATCH: As price breaks out of an accumulation zone just after 9:50am EST, repeated buyers can be heard on FlowMaster™ AudioBox. A FlowMaster™ Cross appears with a P-PRZ above, signaling a classic Plover Strategy for a scalp to the long side. All targets filled.

Video Tutorials: Plover

WATCH: This short video explains The Plover strategy.
WATCH: Vinny E. Mini teaches The Plover scalping strategy in this video tutorial.

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

Disclaimer

Last updated