FlowBot Exclusive Detections©
Here are some of the exclusive FlowBot detections implemented within our discord that filters out flow data from FlowAlgo to provide our members with an even more comprehensive and compact view:
- weekly uoa detection
- abnormal put volume detection to determine key pivots in the market
- large volume vs oi detection (pending)
- uoa sentiment tracker (calls vs puts)
- repeat flow detection
- bullish/bearish darkpool index (SPY, QQQ) print and reversal detections
- divergence uoa detection
- momentum uoa detection
Bullish/Bearish Darkpool Index (SPY, QQQ) Print Detections
We have implemented bullish and bearish darkpool index print detections with reversal notifications from FlowAlgo to give our members a better idea of what institutions are planning within the market. Darkpools are private exchanges designed to conceal institutional trading activity from the public as well as from high frequency trading algorithms. These darkpool index prints show institutional buying from the previous day (t-1) which can give us a general direction of the market for the day or even days to come (as in the case below). It also helps enhance our elliot wave predictions on the market and adds another layer of confidence in our counts. Here is an example below:
On March 5/2021, when everyone was extremely bearish and expecting another big crash, we were prepared to buy the dip with our elliot wave count anticipating a bottom and the darkpool index print detections from our FlowBot giving us bullish signals allowing us to buy the dip with confidence. These SPY bullish darkpool prints (found below) marked the bottom for SPY as it ran 6.17% in the coming days.
UOA Sentiment Tracker (Calls vs. Puts)
We have also implemented an UOA sentiment tracker which is displayed after the UOA in brackets as CALLS (#) / PUTS (#) with the # representing the total number of bullish calls or bearish puts, respectively, showing that day on flow for that particular ticker. This helps give our members a better idea of the parity between the bulls and the bears with conviction to UOAs that favor one side. If sentiment is mixed (total number of calls and puts are fairly the same) for that day on the ticker, it gives us an idea that the ticker could trade flat with not much momentum anticipated for the following days. If the flow is lopsided to either calls or puts, it can give us a better idea of momentum swinging in that direction.
In our AAPL example on the left, it can be seen that calls fairly dominated the flow for that day. However, AAPL was down 4.17%. This divergence gave us a clear indication that AAPL was going to bounce the next day which it did.
Abnormal Put Flow Detection
We have implemented an abnormal put flow detection to help determine intraday key pivots in the market. We have noticed on many occasions that puts are purchased across the markets in advance of when the market dips. This is extremely helpful for momentum and scalp traders and are great signal for exits.
Weekly UOA Detection
We have also implemented a weekly UOA detection that filters out flow that are over 100k and expire within the week. We found that Weekly + Large amount of premium paid = strong directional conviction. Index weekly UOA detections help us greatly in determining the short term directional momentum of the market and works extremely well for individual tickers as well. If you are a momentum and scalp trader, these alerts are perfect for you!
FAQ
Weekly Flow Detected: SWEEP: $319K TSLA $700 03/19/21 CALLS
Repeat UOA Detection
We have also implemented a repeat UOA detection that notifies our members of unusual repeat purchases of options of the exact same strike and expiry with the total amount of premium purchased across the same options shown to show conviction with larger amounts. Recently, we were able to determine the top on SPY when the bot notified our members of numerous weekly puts (10+) purchased at the same strike when SPY was gradually moving up. The next day, as expected, SPY consolidated.
FAQ
Repeat Flow Detected: SWEEP: $543K QQQ $312 03/31/21 PUTS (3) (1501.0K)
(3) – displays the total number of all QQQ puts on flow with the same strike and expiry
(1501.0K) – displays the total premium of all QQQ puts on flow with the same strike and expiry
Divergence UOA Detection
We have also implemented a divergence UOA detection that scouts for divergences between the percentage change of the ticker and the flow to notify us of any potential trend reversals. This allows us to potentially catch the bottom of the trend for our entries and the top of the trend for our exits. The bot looks for more calls then puts bought for a negative tickers and more puts then calls bought for a positive tickers. On many occasions, we were able to enter low risk high reward trades with these alerts.
These notifications were extremely helpful in determining trend reversals on the indexes when the bot notified us of puts continuously being purchased for QQQ when it was green for that day. We got alerts 2 hours in advance of when QQQ started dumping! This gave us plenty of time to exit our calls, equity positions and to scale into puts and shorts.
FAQ
Divergence Flow Detected! TSLA CALLS (3) (3839.0K) / PUTS (0) (0K) (-4.3%)
(3) – displays the total number of all TSLA calls on flow
(3839.0K) – displays the total premium of all TSLA calls on flow
(0) – displays the total number of all TSLA puts on flow
(0K) – displays the total premium of all TSLA puts on flow
(-4.3%) – displays the latest percentage change of TSLA
Momentum UOA Detection
We have also implemented a momentum UOA detection that scouts for tickers about to make an explosive move or will continue their move higher. This indicator is great for both swing and scalp traders alike to help identify continued moves for holding current positions that could potentially go higher or entering tickers about to explode. The bot looks for continued purchasing of calls for positive tickers and puts for negative tickers.
FAQ
Momentum Flow Detected! FB CALLS (5) (970.0K) / PUTS (0) (0K) (3.01%)
(5) – displays the total number of all FB calls on flow
(970.0K) – displays the total premium of all FB calls on flow
(0) – displays the total number of all FB puts on flow
(0K) – displays the total premium of all FB puts on flow
(3.01%) – displays the latest percentage change of FB
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