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Visualtool

RB3 DEMO – Rejection Blocks Visual ExampleThis is a simplified demo version of a custom Rejection Block (RB) visual indicator. It identifies potential bullish and bearish rejection zones based purely on candle structure, without using any time-based or algorithmic filters. 🧠 What it does: • Detects Bullish and Bearish Rejection Blocks using clean price action logic • Highlights those zones with boxes, optional lines, and labels • Designed to help traders visually study price rejections and market structure ⚙️ How it works: • Bullish RB = red candle with a lower low than the previous and next candle • Bearish RB = green candle with a higher high than the previous and next candle • No time filters or hidden logic are used — this tool is purely structural 🎯 Best used by: • Traders who want to visualize potential rejection zones • Beginners studying price action and structural reversals • Visual learners who prefer clean chart-based confirmations ✅ This demo does **not** include institutional filters, time anchors (e.g., TRAL‑03), or sequence-based validation. 📌 A more advanced version with time-reactive filtering logic is available privately. ℹ️ To use: enable "Boxes" and/or "Labels" to highlight rejection blocks clearly. Works on all timeframes.
Pine Script® indicator
by theunlockedtrading
Jul 14

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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