Jeremy Biberdorf
By: Jeremy Biberdorf
Aug 16, 2023

FlowBots Review 2024

Jeremy Biberdorf
By: Jeremy Biberdorf
Aug 16, 2023

Disclosure

Disclosure: This page may contain affiliate links. This means we earn a small commission (at no additional cost to you) if you purchase a product through our links.
Disclosure: This page may contain affiliate links. This means we earn a small commission (at no additional cost to you) if you purchase a product through our links.
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4.4/5

4.4 rating based on 5 ratings

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In a nutshell: FlowBots is a unique trading software platform conceived from the real-world challenges faced by traders and developers. Distinctive in its approach, the team at FlowBots has designed specialized add-ons, each tested and used daily by its creators, ensuring top-notch refinement and trustworthiness. Their dual expertise as both seasoned traders and adept developers grants them an unmatched edge in innovation. The company not only addresses the limitations of current tools but goes a step further, crafting solutions tailored to the specific needs of the trading community.

In addition, FlowBots specializes in creating tools and strategies that are compatible with the Ninjatrader trading platform, aiming to empower traders to unlock their full potential. At FlowBots, traders and enthusiasts can discover a variety of add-ons, indicators, and automated strategies that the team utilizes on a daily basis. Each tool is available for a trial period, free of charge, and comes with all the features one would expect from a fully licensed product.

This FlowBots review delves into the platform and its products, aiming to shed light on how their varied offerings can be beneficial for you.

Service TypeFees
Trading Software PlatformVariable
Pros & Cons
Pros
  • Designed based on real trader needs.
  • Offers a variety of trading tools.
  • Provides a free trial for all products.
  • Works well with NinjaTrader.
  • Great customer support options.
  • Good for both beginners and experts.
  • Clear pricing details.
Cons
  • Some products need Windows 10+.
  • Multi-step setup for products.

What’s FlowBots?

flowbots.ninja website

FlowBots is a trading software platform developed with both traders and developers in mind. It’s built on the back of real trading experiences and boasts a selection of specialized tools that are designed to be compatible with the NinjaTrader platform. Some of the platform’s noteworthy offerings include the advanced Replikanto trade copier and the user-focused Average Price SuperDom Column. FlowBots provides free trials for its products which shows its commitment to transparency. This platform is suitable for seasoned traders and beginners alike; as such, it’s considered a crucial asset in the trading software space. Click here to check out the platform.

FlowBots Products

FlowBots offers a diverse and innovative range of trading tools designed to cater to various trading needs. Each product in the lineup has been thoughtfully developed to offer precision, user-friendliness, and market intuition. From their flagship solutions to specialized functionalities, the offerings are designed to ensure that traders of all kinds find the perfect tool to suit their needs.

Here are their products:

  • Replikanto
  • Replikanto Remote Credit
  • Replikanto Additional Machines
  • Average Price SuperDom Column
  • Average Price Indicator
  • Scalper Ticket

Replikanto Trade Copier

Flowbot has many products, and one of their main product is the Replikanto, a state-of-the-art trade copier tailored for Ninjatrader 8 accounts. By seamlessly bridging a primary ‘Leader’ account with multiple ‘follower’ accounts, it replicates trades in real-time, enabling followers to emulate the Leader’s trading strategies effortlessly.

Key Features:

1. Diverse Replication Methods: Whether you prefer Exact Quantity, Equal Quantity, Ratio, or any other style, Replikanto has got you covered.

2. Network/Remote Mode: Copy trades not just within the same machine but across different machines, extending flexibility and reach.

3. Stealth Mode: Trade with discretion, as your activities remain private and untraceable.

Pricing: Starting from $99 for a single machine one-year license up to $249 for a lifetime license on two machines.

Replikanto Remote Credit

The ‘Replikanto Remote Credit’ is a practical enhancement for those looking to expand their Replikanto capabilities. The product is an addition for those who have the Replikanto software. It’s designed to help users send trades over the Internet.

Key Details:

  • Compatibility: Suitable for use with Replikanto versions 1.4 and above that have the ‘Remote Mode’ feature.
  • Instant Access: Once payment is made, the credit is available in the Replikanto system without needing to restart.
  • Refreshing Credits: Users can simply use the “Refresh Credits” option in their Replikanto menu to update credits.
  • Designed for Leaders: Only the leader needs these credits; followers can participate without them.
  • Credits and Checkout: When purchasing, users will be asked for their Replikanto Remote ID. The credits are specific to this ID and can’t be transferred.

Pricing: The price for the ‘Replikanto Remote Credit’ ranges from $10.00 to $200.00.

Replikanto Additional Machines License

The Replikanto Additional Machines license can help you expand your trading horizon. It’s exclusively created for those who have already invested in the Replikanto tool; this additional license lets you extend the software’s functionality to multiple machines, ensuring you have access wherever you are.

Key Details:

  • System Requirements: Ensure you have Windows 10 or a higher version for seamless compatibility.
  • Lifetime Validity: Your additional license purchase can come with lifetime validity, offering enduring value for your investment.
  • Exclusive Offer: Only available to existing Replikanto add-on owners, signifying the premium nature of this offer.

Pricing: Ranges between $50.00 to $100.00. For an additional machine license with lifetime validity, the cost is set at $100, while an additional machine license valid for 1 year is priced at $50.

Average Price SuperDom Column

You can get clarity on your trading performance with the Average Price SuperDom Column designed for NinjaTrader. It provides a real-time view of your true average price, beginning from the first position order execution. The Add-On incorporates all filled orders since the start of your position, ensuring you have a comprehensive understanding of your average price.

Key Features:

  • Dynamic Average Price Calculation: Your average price is presented with impeccable accuracy right from the first execution.
  • Inclusion of Commission Costs: This tool also takes into account commission costs, offering a holistic view of your financial performance.
  • Real-time P&L Display: Keep track of your Profit and Loss in terms of Currency, Percentage, Pips, Points, or Ticks, both inclusive and exclusive of commissions.
  • Execution Marks: Visual flags at each price level and the last price execution mark ensure that you stay informed of every crucial moment in your trade journey.

Methodology

While there are different ways to calculate the average price, such as FIFO and LIFO, this add-on focuses on the Average method. It combines all your position orders’ executed prices, providing a real-time display of your true average. This means that even if NinjaTrader operates with FIFO or LIFO, you’ll still get that information on-screen. The core advantage of this method? It reveals your average price right from the first execution. As long as your position remains open, you’ll see your real-time average price performance.

Pricing: From $0.00 to $79.00

Average Price Indicator

The ‘Average Price Indicator’ offers traders a clearer understanding of their investment strategy. By providing an accurate representation of the average price of positions, traders can make more informed decisions.

Key Features:

  • Comprehensive Calculation: The indicator utilizes all filled orders from the start of the position to give the most accurate average price.
  • Inclusive of Commissions: For a holistic view, the indicator displays the True Average Price, both including and excluding commissions.

Pricing: $0.00 to $29.00

Scalper Ticket

The Scalper Ticket is an indispensable tool for intraday traders seeking efficiency and clarity in their trading endeavors.

If you’re a scalper, you would understand that in intraday trading, speed and precision are paramount. The Scalper Ticket is designed specifically to cater to these needs, streamlining the process of order execution for traders.

Features:

  • Order Quantity Agility: Adjust the quantity of orders with ease, optimizing trade execution.
  • Horizontal Price View: Presents the ASK and BID book prices in an intuitive horizontal layout.
  • Market Depth Insight: Gain a deeper understanding with a colored alarm feature highlighting market depth force.
  • Position Reversal: The “Invert Position” button allows for quick position reversals.
  • Simulated Orders: Test strategies safely with simulated order functionality.
  • Comprehensive Position Info: Stay informed with details like quantity, average price, and unrealized profit & loss.
  • Versatile PnL Visualization: Choose from various display units for profit and loss, including currency, percent, pips, points, and ticks.
  • True Average Price: Ensures accurate average price calculations.
  • Intuitive Design: Engaging and easy-to-identify colorful buttons streamline your trading experience.

Pricing: Ranges between $0.00 to $79.00

FlowBots Products’ Free Trial

FlowBots offers potential users a 5-7-day free trial for its entire range of products. This trial is designed to give prospective users a comprehensive view of what the suite can provide. Whether you’re a trading veteran or just starting out, FlowBots ensures that their product range caters to your needs.

During the trial period, traders are given the opportunity to test the capabilities of the FlowBots lineup, allowing them to ascertain the relevance and efficiency of each tool in their trading strategies. It’s an opportunity for every trader to gauge the products without any commitments.

Offering a free trial reinforces FlowBots’ transparency and dedication to client success. If you’re interested in experiencing this trial and potentially elevating your trading game, FlowBots remains at your service. Click this link to get started.

FlowBots and NinjaTrader

FlowBots is dedicated to enhancing the trading experience for its users. All of its products are meticulously designed to integrate seamlessly with the NinjaTrader platform.

However, FlowBots operates independently and has no formal affiliations or partnerships with NinjaTrader Group, LLC.

How to Install FlowBots Products

The installation process for FlowBots products is meticulously designed to be user-friendly, ensuring you can swiftly integrate your new tools with NinjaTrader once you’ve purchased a product.

Here’s a step-by-step guide to help you:

1. Downloading the Product: Once you’ve completed your purchase, head over to the download page. Here, you’ll find the .zip NinjaScript add-on file waiting for you. No need to unzip it, even if you’re upgrading to a newer version.

2. Dealing with Updates: If NinjaTrader pops up a message indicating a newer version is already installed when you’re updating, don’t worry. Simply click ‘Yes’ to proceed. This ensures that you’re benefiting from the latest features and updates.

3. Installation Procedure: To embed the product into NinjaTrader, the user should follow the subsequent steps from NinjaTrader’s Control Center window:

  • Go to ‘Tools’.
  • Click on ‘Import’.
  • Select ‘NinjaScript Add-On…’.
  • At this juncture, choose the .zip NinjaScript add-on file you downloaded earlier.
  • A few confirmation windows might appear during this phase. It’s essential to accept all of them to ensure a seamless installation.

Once these steps are completed, your FlowBots product will be harmoniously integrated into NinjaTrader, gearing you up to maximize its features.

FlowBots Customer Support

FlowBots is committed to assisting its users. They offer a detailed FAQ section to address common questions. For more tailored inquiries, users can directly message the team through the website’s contact section. Additionally, FlowBots maintains active social media channels, providing yet another avenue for users to get in touch. The company places high value on communication, ensuring timely responses to all queries and concerns.

Who Can Benefit from FlowBots?

FlowBots has strategically positioned itself in the trading software market with an emphasis on innovation, authenticity, and real-world relevance. Born from the real challenges faced by traders and developers alike, FlowBots’ suite of tools is a testament to the company’s dedication to serving the trading community.

Here is a look at who can make the most of FlowBots’ offerings:

1. Seasoned and Aspiring Traders: Whether you’re an experienced trader seeking to refine your strategy or a newcomer who is just getting started with trading, FlowBots has something for everyone. Its collection of tools, such as the Replikanto trade copier and the Scalper Ticket, ensure precision and efficiency in trading endeavors.

2. Developers Eyeing the Trading Industry: The team behind FlowBots merges its trading knowledge with its developmental expertise. As such, developers interested in exploring the trading domain can find reliable tools tested and trusted by fellow developers.

3. NinjaTrader Enthusiasts: For those who have anchored their trading strategies around the NinjaTrader platform, FlowBots’ product range is tailor-made. Each tool seamlessly integrates with NinjaTrader, making it a smooth experience for the users.

4.  Curious Minds: With FlowBots offering a 5-7 day free trial for its entire product range, those on the fence or curious about the potential of these tools can dive in without financial commitments.

So, anyone that is interested in enhancing their trading journey, armed with reliable tools and backed by a committed team, will find FlowBots to be an indispensable ally. Whether your novice trader or are a seasoned trader, FlowBots has the tool to help you reach your trading potential.

FlowBots Review- Final Thoughts

As a trader who wants to succeed in trading, it’s paramount to have tools that not only simplify but also refine the trading process for you. FlowBots stands out as a testament to how real-world challenges can give birth to solutions that carry the potential to revolutionize the trading industry. The trading software platform combines the insights of seasoned traders with the prowess of adept developers to provide a suite of tools that cater to diverse trading needs. From beginners making their first attempt at trading to experts looking for precision-tailored solutions, FlowBots ensures everyone has the necessary instruments to elevate their trading strategies.

Moreover, the company’s transparent approach, exemplified by their free trial offering, further cements their commitment to user empowerment and satisfaction. Every tool, whether it’s the Replikanto trade copier or the Scalper Ticket, is designed to keep the user at the forefront, ensuring a seamless, productive trading experience.

If you’ve been on the hunt for tools that can truly make a difference in your trading journey, FlowBots demands attention. So why wait? Experience the innovation and precision FlowBots brings to the table. Embrace smart trading; let FlowBots be your guide.Click here to get started with FlowBots today!

Frequently Asked Questions

You can click here to begin your enhanced trading journey with FlowBots.

Yes, FlowBots has a transparent approach, offering a free trial for users to experience its features before committing.

While it’s not mandatory, it is strongly recommended that you update to the latest version. Each new release may include important corrections, enhancements, and additional features that can benefit your trading experience.

Jeremy Biberdorf

About the Author:

Jeremy Biberdorf is the founder of Modest Money. He’s a father of 2 beautiful girls, a dog owner, a long-time online entrepreneur and an investing enthusiast.