FibElliDott + FlowMaster™ Cross
The Headshot strategy combines the FibElliDott and the FlowMaster™ Cross, adding significant confluence to identify potential reversal points. The strength of the Headshot lies in integrating price structure confluence with Real-Time Order Flow Analysis (RTOFA), providing a more precise and informed approach to spotting key market turning points.
For the Headshot to be valid, the FibDot and FlowMaster™ Cross must appear close to each other, with a maximum separation of 10-15 AlgoBars.
Headshots can be valid even if the FibElliDots aren't perfectly aligned with the Cross. The key is that they appear within ten to fifteen AlgoBars of each other:
Stop loss can be ideally placed behind the FlowMaster™ Cross.
Suggested targets:
Target 1: 10 ticks
Target 2: 15 ticks
FlowMaster™ Alpha Omega crosses can be even more powerful when combined with White FlowMaster™ Crosses. These crosses can be used as substitutes for the traditional FibElliDot setup.
For even more confluence, combine the Headshot with other AlgoBox™ tools such as:
etc.
Only available on AlgoBox™ for NinjaTrader 8. Try AlgoBox™ for free today.