Ricochet

Ricochet

Rated 4.74 out of 5 based on 19 customer ratings
(19 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

19 reviews for Ricochet

  1. Rated 5 out of 5

    Bob R

    One of the top IT tools.

  2. Rated 5 out of 5

    SP

    Great with the Pullback Alert! Very reliable

  3. Rated 5 out of 5

    John A

  4. Rated 5 out of 5

    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

  5. Rated 5 out of 5

    BIll

  6. Rated 5 out of 5

    Mike C

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

  7. Rated 4 out of 5

    John vn

    Takes some practice but great for confluence

  8. Rated 5 out of 5

    Derek

    Good for confluence

  9. Rated 4 out of 5

    Trader Joe

    Good

  10. Rated 4 out of 5

    Don

    Good supporting indicator

  11. Rated 5 out of 5

    Sam F

    Love it & use it

  12. Rated 5 out of 5

    Mark F

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

  13. Rated 5 out of 5

    Ibe

    5 stars

  14. Rated 5 out of 5

    Andy R

    Nice confluence

  15. Rated 4 out of 5

    Ralph L

    When I Bunt traded I liked Rico Dots

  16. Rated 5 out of 5

    Abby

    love it

  17. Rated 4 out of 5

    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

  18. Rated 5 out of 5

    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!!

  19. Rated 5 out of 5

    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.

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