HOW AND WHEN TO USE NINJABOTS FOR AN ABC PULLBACK


Trader Assessment Insights:

  • Is the market Trending?
  • If the Market is Trending, and is Traversing From Known Support, to Known Resistance

Trader Assessment Question - During the uptrend, Does Price Go Below the Current Higher-Low by One Tick?

If Yes, Then:

  • Consider Deploying a Long NinjaBot with Price Pivot to Catch the A-B-C Pullback.
  • Important Order Flow Nuance - If the bar prior to the C pivot has a 2SD Tick Ratio, this is a sign of Conclusionary Supply Based Order Flow and is as Martha Stewart would say, is a ‘Good Thing”.
 

An ABC Pullback in an Up Trend occurs when price goes one tick below a Higher-Low in the uptrend.

An ABC Pullback in a Down Trend occurs when price goes one tick above a Lower-High in the uptrend.


Once an ABC is in play >> Deploy Either/Both Sweep w.Pivot Long or Pressure w.Pivot Long with 2SD Signal Option Enabled