AlphaReveal, our flagship order flow and tape reading powerhouse software, allows traders to see the order flow and order book dynamics that produce the resultant price action. AlphaReveal provides the price action trader, order flow trader, and tape reader a significant advantage.
Today, a classical short pattern setup which makes use of the order flow and order book for advantage. The pattern is described step-by-step below:
1. Reduced activity at a relative market high.
2. Unusual selling volume. This can seen in our exclusive dash-number PressureVolumeTM display. It doesn't take any real effort to see who's in control of the order flow because our program pre-processes the data.
3. The offer goes heavy which can be seen in the "Net Change" field of our advanced Q-TrackerTM
4. The anticipated price action is a drive lower.