WOW IndexRecently I developed a financial chart integration in Joomla for Algo Futures. The charts, called WOW Indices, represent a market's Order Flow Momentum as determined by Algo Future's proprietary set of algorithms. WOW Index (Weiss Order Weighted Index) is a Weighted Index that is built from information derived from each and every Order within a particular market. Available markets are SP 500, Dow 30, STOXX 50 and Crude Oil electronic futures markets. It is a free and handy tool that allows traders to trade with the institutional, hedge fund, and prop order flow that drives changes in price.

The chart is developed as Joomla module using the great amCharts' Stock chart. The chart data is updated live in real time with AJAX. The old data on the chart is also loaded dynamically without page refresh. There is also a dedicated history chart where user can select a market and date for which the appropriate data will be surfaced. There is also a possibility for you to add WOW Index chart on your own site. A free Widget Generator tool will allow you to create WOW Index that suits your needs. You will get a line of HTML code that you can copy-paste on your site. The widget is also available as installable module / plugin for Joomla, Wordpress and Drupal platforms. Here is an example of the integration. The chart below represents WOW Index for SP 500 market and is updated in real time. If you want to learn more about using the WOW Index to improve your trading head over to http://algofutures.com

Emir Sakic Emir is Electrical Engineer turned web developer, co-founder of Joomla and a former member of the core development teams of Joomla and its predecessor Mambo.

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