Provided, in one aspect, is a deflector assembly. The deflector assembly, in one embodiment, includes a deflector body having a deflector window located therein, and a deflector ramp positioned at least partially across the deflector window, the deflector ramp configured to move between first ({circle around (1)}), second ({circle around (2)}) and third ({circle around (3)}) different positions when a downhole tool moves back and forth within the deflector body.