You read the analysis, the entry zone looks right, you rest an order. Price never comes back. At the end of the week you are not up, not down, and none the wiser.
That happens more often than anyone admits. And almost no screen anywhere warns you it is likely.
An order that never fills is not a draw
It is a signal that produced nothing. However right the plan was, it means nothing if price never arrives. But because it leaves no mark on the account, nobody counts it — so every judgement about whether a method “works” quietly omits most of what actually happened.
Why a fund does not care and you must
A fund rests orders across hundreds of names at once. Dozens going unfilled is fine — enough of the rest fill, and there is an execution desk to chase the price when it matters. To them the fill rate is a line in a cost report.
You have five positions. If three never fill, you did no trading at all that month, however correct the analysis was. Same number, completely different weight.
Which makes this the clearest example of what the whole series is about: the question goes unasked not because it is hard, but because the people with the tools to answer it are the people who need the answer least.
And this one has an answer
That is what separates it from the question about direction. “Will price come back to this level” is a question about distance — the thing the previous article showed has a memory. It does not ask up or down.
So it is measurable, and it is the one question in this series whose answer is yes.
How it is computed is not published. What matters is that it is on the screen before you place the order, next to the price — rather than a nice figure in a report afterwards.
What it changes in practice
It turns “is this a good level” into “is this level reachable”. Two different questions, and the second is the one that decides whether you have any trades this month at all.
It is also why the scanner ranks by that number rather than by whichever chart looks most exciting.