The AlgoBox™ Delta Flagging Pro is a powerful tool for identifying institutional trading. It visually displays large-scale buying and selling activity.
An example of a Double Delta Flag, while price has been declining, indicating that a potential opportunity may be near.
Now known as "Ready DD" when a significant Double Delta Flag pattern appears, we "Ready Up" - prepare to assess the next trade opportunity.
This green Double Delta Flag is a bearish signal, as price drops shortly after the pattern appears.
Double Delta (green), followed by a double PRZ Cross reversal setup.
Double Delta (red).
Muilti Confluence: Double Delta appears just before the Double Cross Reversal (DCR).
Double Delta (green) - Ready Up.
Double Delta (red) - Ready Up.
Ready DD
The FlowMaster™ Delta Flagging Pro signals a Double Delta by displaying "Ready DD" text vertically on the chart.
In this example, a Double Delta is detected, displaying the "Ready DD" text on the chart, signaling a potential upward move.
This pattern was formerly known as a "Ready Up."
Here is another example where a Double Delta is detected, displaying the "Ready DD" text on the chart, indicating a potential downward move.
A triple Ready DD may indicate a potential trend reversal, alerting you to a change in market direction. This occurs when three or more Ready DD verticals are detected on the chart, indicating a possible reversal.
Here are three Double Delta Ready DD verticals are plotted on the chart, indicating a potential trend reversal that could lead to an upward move.
Another example where three Double Delta Ready DD verticals are plotted on the chart, indicating a potential trend reversal that could lead to a downward move.
Below is are example charts with the Delta Flagging Pro Double Delta verticals checked ON, showing colored vertical highlights as a default setting and default colors.
A Ready DD up, with its green colored vertical bar highlight.
The colors of the vertical bar highlights can be customized to your desires.
A Ready DD down, with its red colored vertical bar highlight.
Video Tutorial: Double Delta
WATCH: Vinny E. Mini teaches the Delta Flagging traps strategy in this video tutorial.
