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From Signal to Strategy: Trade Ideas with BigShort

In this section, we'll walk through examples of how BigShort indicators work. We've designed it to be as easy and comprehensive as possible, so new users can follow along and start backtesting on their own. The goal is to help you build confidence in your trading, step by step.

The BigShort v2 main chart for SPY as a full overview, with the candlestick price pane above the flow panes and the GEX side panel

GEX Signals

Turn GEX on via ⚙️ Settings → Greeks.

GEX Selling Pressure

The red line is moving upward. This is a bearish signal, indicating selling pressure. As expected, the price begins to move downward, confirming the bearish setup.

GEX Bullish

The red line is moving downward. This is a bullish signal, indicating buying pressure. As expected, the price begins to move upward, confirming the bullish setup.

The SPY chart with the GEX-by-strike side panel showing Net GEX, Call Wall, Put Wall, and MVC levels alongside the price pane

GEX Multiple Confirmations

The red line is moving upward, and the green line is moving downward. Both are bearish signals, indicating selling pressure. As expected, the price begins to move downward, confirming the bearish setup.

Note: This kind of setup has high conviction and was described by our founder as "free money." You can refer to the GEX section for more details.

The SPY chart with the price pane and the GEX-by-strike side panel listing the Call Wall and Put Wall levels

Dark Pool Signals

Dark pool prints show up as grey dots on the Price pane (part of the Price indicator, and also available via the standalone DarkFlow tab). The dark pool signal appears above the candlestick, indicating resistance, a bearish setup. As expected, the price moves down.

The SPY price pane with grey dark-pool print dots scattered around the candles, alongside the GEX-by-strike side panel

🕒 Note: We don't take this trade because it occurs during power hour.

Net Option Flow (NOF) Signals

MomoFlow Bearish Shadow Bars + NOF Signal

MomoFlow shadow bars up , and the NOF purple line is pointing upward. Both are bearish signals. As expected, the price begins to move downward, confirming the bearish setup.

The full SPY chart showing the MomoFlow shadow-bar pane and the Net Option Flow pane together below price

Flow Signals

Turn MomoFlow (Momo) and FastFlow (FF) on via ⚙️ Settings → Core Flow.

MomoFlow Up

The MomoFlow indicator is pointing upward, signaling bearish. As anticipated, the price begins to move downward, confirming the bearish setup in the following examples:

MomoFlow Up Example 1

SPY at 09:50 10/23/2025, we see MomoFlow peak up, and price goes down in the following bars.

The screenshots below were captured in BigShort's v1 interface; the setup and mechanics they show are unchanged in today's app.

A SPY 5-minute chart with a red "BEARISH" callout tying an "SF lime bar" and "MOMO up" reading to price stalling at the day's highs

MomoFlow Up with FF confirmation Example 2

SPY at 11:15-11:30 on 10/24/2025, we see MomoFlow increasing with a peak at 12:25 along with confirmation from FF; price immediately goes down.

A SPY 5-minute chart with a green "BULLISH" callout, a "Price moving up" label, and "MOMO down" marking a MomoFlow bar as price climbs

MomoFlow Down

The MomoFlow indicator is pointing down, signaling bullishness. As anticipated, the price begins to move upward, confirming the bullish setup in the following examples:

MomoFlow Down Example

The MomoFlow indicator is downward, signaling bullishness. As anticipated, the price begins to move upward, confirming the bullish setup.

You're All Set!

Congrats on making it through the BigShort onboarding guide. Whether you're here to explore trading patterns, optimize your workflow, or just get comfortable with the platform, you've taken a solid first step.

If you're ready to take things further, consider upgrading to Elite Membership. It's a great way to enhance your experience and unlock more of what BigShort has to offer.