The Orderflows Price Rejector shows you areas on the chart where prices are being rejected. Visit http://www.orderflows.com Visit http://www.pricerejector.com The Price Rejector works best on an Orderflows Trader software chart, but will also work on normal bar charts for those who don't use or care to use order flow charts. What does the Price Rejector do? It analyses the order flow and generates a signal by taking into account the following conditions: Volume traded on the bid and offer. Recent price action Market imbalance Is the market trending or trading in a range? Follow Orderflows: Facebook: https://www.facebook.com/orderflows YouTube: https://www.youtube.com/orderflows LinkedIn: https://www.linkedin.com/in/mvaltos Twitter: https://twitter.com/orderflowsmike Instagram: https://www.instagram.com/orderflows/ One of the major failings of almost all price based indicators is that they are mostly based on price. The reason that is a failing is that it assumes all prices are the same. But not all prices are the same. Analysis also has to take into account volume at price. Let me ask you, how can a price based indicator determine strength in the market when it doesn’t take into account volume at price? The answer is it can’t do it accurately. Should a 5 lot trade be treated the same as a 500 lot? Of course not. That is why order flow analysis is head and shoulders above simple price analysis.
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