OrderFlows AV

This indicator takes into account market balance, bar volume and price action.The Orderflows AV is a reversal indicator and best applied to volatile markets such as NQ, MNQ, YM and Gold.

What makes the Orderflows AV indicator unique is it also takes in account the value level in the bar relative to previous bars. When analyzing value of the bar relative to other bars, it find those bar where a new value area is being rejected by the market.

Markets move searching for new value and when it hits an extreme value level and rejects that level it often puts in a reversal.