FlowAlgo Review

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

What is FlowAlgo?

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

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

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

FlowAlgo may be used to track down only what's truly valuable to you when it comes to making customised and informed trading decisions. You can leave out everything you never want or need and be sure that every order that FlowAlgo alerts one to has a high potential of being a valid signal based on your own personal trading strategy.

One of the main features of the FlowAlgo trading tool is that you never need to invest a lot of time searching for relevant data and maintaining complicated spreadsheets for the market analysis. It could alert one to real-time order data as and if you want it.

Does FlowAlgo has an App ?

FlowAlgo does not produce a dedicated App in the actual sense.

In your mobile phones, you can launch the net version of FlowAlgo with the same capabilities as in your computer.

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

However, you will be able to conduct quick and easy research on your favorite ticker without a lot of struggle.

To give you a concept about the entire abilities of the tool whose absolute goal is to supply real-time option flow and dark pool, listed here is a video tutorial with a description of all the features.

I am aware 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 will get a 2-week trial for a reduced rate of $37. There are no long-term commitments required and you can cancel or upgrade/downgrade your subscription at any time.

FlowAlgo Review Conclusion

Does this FlowAlgo review ensure it is worth getting? It's hard to find any type of conclusive evidence apart from some user testimonies on Reddit forums that say these options scanners can in fact help retail investors making use of their trading. Considering you must more often than not take online forum testimonials with a grain of salt, it becomes even more difficult to ascertain simply how much of an alternative these programs can make.

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

Cheaper options like BlackBox, CheddarFlow, and TradeUI are typical readily available for a lowered monthly and annual cost. In terms of functionality and features, there's almost no that separates these four brands; especially when you take TradeUI from the mix. 

So does FlowAlgo have an improved interface? Maybe. Needless to say, this really is always likely to be around user preference. FlowAlgo does employ a clear dashboard and the added advantageous asset of having voice alerts that read out unusual options activity in real-time. Is there enough there to set FlowAlgo besides its competitors?

To tell the truth, not really. FlowAlgo is an unbelievable tool that will help investors see which way the smart money in the market is certainly going, but there isn't much to say that it ought to be more costly than BlackBox or CheddarFlow. A free trial offer could be nice. Although a two-week trial for $37 isn't exactly breaking the bank. FlowAlgo rocks!, but there's nothing that could make us say it is just a clear-cut winner over its competition, now in time.