The Flowscalper looks for strong aggressive buying relative to previous bars and strong aggressive selling relative to previous bars. What started out as a tool for the shortest-term traders, the traders on a DOM looking for just the next few ticks expanded into traders looking for market direction over the next few minutes, the next few hours, and even the next days.
In order flow, there is delta (max delta, min delta, cumulative delta), imbalances, point of control, volume, and the relationship between all those data points.
Flowscalper takes the order flow data (delta, imbalances, POC, and volume), analyzes it, and generates accurate trade signals.
Depending on how active a trader you are, Flowscalper can be adjusted for market conditions to generate trade signals in just about any market situation.>