FlowAlgo Review

We're achieving this FlowAlgo review to look at how this provider uses data and information from unusual options activity. If you love block trades, then you're planning to love this. Big money is hidden to retail investors. But with an organization like FlowAlgo , you will see where in actuality the big money is going. And that can help to dictate what sort of trade you place.

What is FlowAlgo?

FlowAlgo gives the common retail trader real-time institutional level option order flow. It's a complicated data algorithm that tracks down smart money transactions to give you alerts when you can find significant orders occurring on the stock and equity options markets. This trading tool can be beneficial to take away the noise from the markets to ensure that users can focus about what matters the absolute most to them. It actively monitors the tape (time and sales) market wide and offers you clear insights that may be used right away.

FlowAlgo can identify Smart Money transactions by analysing various data points on each order as they hit the tape such as the order type, order size, the speed of the order, the pattern in which the order fills, the order volume, average volume, among many more.

Smart money refers to investments or transactions created by ‘expert'investors who are said to truly have a comprehensive knowledge of financial markets – some believe that they can identify or foresee trends before others. However, many people believe this can be a myth and that wealth managers – those who manage and advise on clients'portfolios – perform no better than the overall stock market's average trend over any given period.

FlowAlgo may be used to track down only what's truly valuable for your requirements when it comes to making customised and informed trading decisions. You can leave out everything you do not want or need and ensure that every order that FlowAlgo alerts one to features a high potential to be a valid signal based on your personal trading strategy.

Among the main advantages of the FlowAlgo trading tool is that you do not need to invest a lot of time looking for relevant data and maintaining complicated spreadsheets for the market analysis. It could alert one to real-time order data as and when you really need it.

Does FlowAlgo has an App ?

FlowAlgo doesn't produce a dedicated App in the true sense.

On your own mobile phones, you are able to launch the web version of FlowAlgo with exactly the same capabilities as in your computer.

The navigation across the numerous features is not quite as easy given the dimensions phones.

However, you will have the ability to conduct quick and easy research on your chosen ticker without a lot of struggle.

To give you a notion about the total abilities with this tool whose definitive goal is to supply real time option flow and dark pool, listed here is a video tutorial with an explanation of all the features.

I know very successful traders who've built their main strategies around trading SPY or SPX.

How much does FlowAlgo cost?

The purchase price varies with regards to the package that you opt for. Plans start at $99 each month when paid annually whilst you can get a 2-week trial for a reduced rate of $37. You can find no long-term commitments required and you are able to cancel or upgrade/downgrade your subscription at any time.

FlowAlgo Review Conclusion

Does this FlowAlgo review allow it to be worth getting? It's hard to find any kind of conclusive evidence apart from some user testimonies on Reddit forums that say why these options scanners can in fact help retail investors using their trading. Considering you ought to typically take online forum testimonials with a grain of salt, it becomes even harder to determine just how much of an alternative these programs can make Learn More.

Sure they market screeners and data that normally isn't so easily available to the small-time investor, but it's still around the investor to understand what to do with this particular data. Pricing wise, FlowAlgo is really one of the more costly market screeners out there.

Cheaper options like BlackBox, CheddarFlow, and TradeUI are easily available for a lesser monthly and annual cost. When it comes to functionality and features, there's hardly any that separates these four brands; especially once you take TradeUI from the mix. 

So does FlowAlgo have a much better user interface? Maybe. Of course, this is always planning to be around user preference. FlowAlgo does have a very clear dashboard and the added advantage of having voice alerts that read out unusual options activity in real-time. Can there be enough there to set FlowAlgo besides its competitors?

To be honest, not really. FlowAlgo is an amazing tool that will help investors see which way the smart money in the market goes, but there isn't much to state that it must be more costly than BlackBox or CheddarFlow. A free trial could be nice. Although a two-week trial for $37 isn't exactly breaking the bank. FlowAlgo is awesome, but there's nothing that could make us say it is a clear-cut winner over its competition, at this point in time.