FlowMaster™ Alpha Omega

Also known as "AO"

The AlgoBox™ FlowMaster™ Alpha Omega algorithm performs Real Time Order Flow Analysis (RTOFA) in combination with volume-at-price and other proprietary data calculations.

Green Alphas indicating a bullish signal.

The AO indicator plots colored crosses when price reaches prior auction zone highs and lows and large algorithmic order flow activity is detected.

Red Omegas indicating a bearish signal.

There are 4 types of Alpha Omega crosses:

Alpha (Bullish) 1) Green 2) Blue Omega (Bearish) 3) Red 4) Pink

Pink Omegas for shorts. Note the larger number on the 2nd Omega, signifying a larger imbalance of selling activity and then the market turns down.

Blue Alphas are generally a stronger bullish signal than green Alphas. Likewise, Pink Omegas are generally a stronger bearish signal than red Alphas.

Blue Alphas for longs. NOte the larger number on the 2nd Alpha, signifying a larger imbalance of buying activity and then the market rallies shortly after.

FlowMaster™ Alphas and Omegas can indicate the beginning and end of an auction zone or market price swing where large amounts of activity could be taking place.

Blue Alpha Omega for a long until the opposing signal.

Each AO has a strength number assigned to it. This number displays the net imbalance of bullish or bearish order flow at that moment. The larger the number, the bigger the imbalance. For example, a green Alpha with a 12.4 reading indicates that the buy order activity at that area is a 12.4 multiple of the selling activity in that same area:

Pink Alpha Omega for a short until the opposing signal.

The FlowMaster™ AO indicator can and should be "tuned" to the specific instrument and trading session being analyzed. For complete details and instructions, watch the tutorial on YouTube here:

https://youtu.be/4Iax8VWe-jY?si=JnM-noNfD--UiS1O

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Only available on AlgoBox™ for NinjaTrader 8. Try AlgoBox™ for free today.

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