Thread by @TradetheMatrix1

Fbo/clearout distance is the price that they swipe above HOD. Often same ticker will have similar pattern of distance and can be key guide for short entry accuracy, if it already swiped once with fbo and reject. Important micro behavior to track.
#smallcaps

Rough guide is in strong cycle that distance can be large and very open-ended. In weaker cycles and flows it will be more limited. Previous past 10 tickers will also be key guide to tell you current avg cent distance of fbo move to help define that better so track it closely.

Typically before each new fbo HOD swipe, MMs will consolidate price minimum 15 minutes under it. The weaker the flows the longer, and vice versa if stronger. That helps to give you readiness on when it might happen very roughly plus minus 10 min usually.

Key is to keep on track how long it actually take on X ticker to swipe into fresh HOD swipe because those time durations like to repeat in similar ratios. So track past consolidation-to-HOD-swipe durations. Especially if resulted in clear fbo before.

This behavioral data will be far more useful to you than typical lazy data that many collect. The reason is due to larger accuracy and direct scalability of deployment (behavior is already adjusted to current cycle and doesn't mix with past different cycles).