What are Broker Index, Foreign Net Buy, and saham gorengan for Indonesian Stocks on Pluang?
Broker Index is the share of an Indonesian stock's net trading volume captured by its top 3 brokers. Foreign Net Buy is the difference between foreign investor buying and selling volume on a given day. "Saham gorengan" is Indonesian slang for stocks moved largely by coordinated trading rather than fundamentals. All three concepts feed Pluang's Broker & Foreign Screeners.
Broker Index:
- Formula: (Top 3 broker net volume ÷ Total net volume) × 100
- ≥ 20% suggests concentrated trading activity
- Used by Big Broker Accumulation, Broker Bullish, Broker Bearish screeners
Foreign Net Buy:
- Formula: Foreign buy volume − Foreign sell volume (shares or lots)
- Used by Foreign Uptrend and Positive Foreign Buy screeners
Saham gorengan:
- Small-caps moved by coordinated trading, often 2–10× volume spikes with no clear catalyst
- Volume Breakout can flag both genuine catalysts AND saham gorengan — investigate the cause
Reminder: All three signals describe historical flow, not predicted moves.
Related questions:
Q: Is "Broker" the same as "smart money"?
Conceptually similar but not identical. "Smart money" usually implies institutional investors specifically; "Broker" refers to the dominant trading houses on the IDX.
Q: Should I avoid all saham gorengan?
Personal risk decision. Many investors avoid them due to volatility; others trade them deliberately as short-term plays. Volume Breakout gives visibility, not advice.