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Ricochet

Ricochet

(30 customer reviews)

$315.00

This indicator was another happy discovery we made as we developed the SpeedTick indicator. As we were analyzing the data that makes the SpeedTick so incredible, we also noticed a completely different set of data patterns begin to emerge that was actually unrelated to the SpeedTick data but came from the same source. This data also pointed to a high probability pullback.

Load this indicator onto your NinjaTrader 7 trading platform and see for yourself. It is truly amazing how accurate it is.

Description

This indicator was another happy discovery we made as we developed the SpeedTick indicator. As we were analyzing the data that makes the SpeedTick so incredible, we also noticed a completely different set of data patterns begin to emerge that was actually unrelated to the SpeedTick data but came from the same source. This data also pointed to a high probability pullback.

Load this indicator onto your NinjaTrader 7 trading platform and see for yourself. It is truly amazing how accurate it is.

Highlights:

Add to any chart or time frame
Prints on the current bar in real time
DOES NOT repaint several bars after the fact
Based on underlying tick chart data
User defined tick chart size
User defined tick count time period
User defined thresholds
Sound Alert
User select draw object, colors and sizes
Toggle on/off from chart

30 reviews for Ricochet

  1. Michael W

    5 stars

  2. Mark

    4 stars

  3. Alan R

    3 stars

  4. Matthias

    3 stars

  5. Christopher F

    needs more explanation

  6. Graham K

    To add confluence

  7. Bill M

    How do you rate these individually, Connor? I really can’t

  8. John D

    5 stars

  9. Carlton

    Good confluence indicator, just not as “popular” as others.

  10. Alex B

    4 stars

  11. Eric I

    4 stars

  12. brett i.

    This is a great product. I’ve tuned it to capture the larger moves by raising the threshold. I’ll gladly reduce my trades per day for quality.

  13. Franklin Parrish

    I found it to be an excellent tool right out of the box even before training it. I certainly see why the developer named it “Ricochet” as it catches price at turning points as if price ricochets off support or resistance areas. Utilizing time and sales data in this way was nothing short of genius by the developer. It is a thinking traders tool. We don’t always know why there is a flurry of activity at certain price levels but now we have a tool to to alert us when it occurs and therefore adding confluence to our trade decisions. I can’t wait to try other fine products from Intentional Trader. Thanks bunches!!

  14. Robert S

    good indicator as well. i use it for confluence but i dont feel its as strong as others. Im not sure exactly what it measures

  15. Abby

    love it

  16. Ralph L

    When I Bunt traded I liked Rico Dots

  17. Andy R

    Nice confluence

  18. Ibe

    5 stars

  19. Mark F

    Ricochet combined with pullback alert is a great setup, not very frequent but another great setup.

  20. Sam F

    Love it & use it

  21. Don

    Good supporting indicator

  22. Trader Joe

    Good

  23. Derek

    Good for confluence

  24. John vn

    Takes some practice but great for confluence

  25. Mike C

    Just like the PBA. My rules call for lots of confluence. This helps greatly.

  26. BIll

  27. Keith

    The Ricochet indicator is very helpful in recognizing HFT activity, and/or a situation where the orderflow is building up for a possible reversal. Together with the PullBack Alert indicator, it adds to the confluence of events that I look for to get into

  28. John A

  29. SP

    Great with the Pullback Alert! Very reliable

  30. Bob R

    One of the top IT tools.

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