What is Tradytics Algo & Net Flow
In simple terms, Algo Flow is an aggregated and cumulative representation of options flow at every minute of the day. In even simpler terms, Algo Flow illustrates the sentiment of market participants at all times. Instead of retail traders having to manually go through options flow to find their plays, which can be cumbersome, Algo Flow shows a simple visual representation of the flow sentiment and makes it easy to identify patterns that can help traders find effective plays. Algo flow combines both calls and puts to form a single line. On the other hand, Net Flow splits Algo Flow into calls and puts separately.