Rejection Block 4

The "Rejection Block" MetaTrader 4 Indicator is a powerful tool designed to assist traders in identifying and visualizing rejection candlestick patterns, commonly referred to as rejection blocks. These patterns play a crucial role in market analysis as they often signify potential reversals or continuations in price movements.

Key Features:

  1. Rejection Block Detection: The indicator meticulously scans price data to identify instances of rejection candlestick patterns. These patterns typically feature long upper or lower wicks and small bodies, indicating a rejection of higher or lower prices by market participants.

  2. Customizable Visual Representation: Rejection blocks are prominently displayed on the price chart, providing traders with clear and intuitive visual cues. One of the key features of this indicator is its customization options, allowing traders to adjust the color, width, and style of the rectangles drawn on the chart to suit their preferences and trading styles.

  3. Enhanced Analysis: By leveraging the insights provided by the Rejection Block indicator, traders can make more informed trading decisions. The indicator's customizable visual representation enables traders to easily identify and analyze rejection blocks, empowering them to identify potential entry and exit points with greater accuracy.

  4. Compatibility with MetaTrader 4 Platform: As a MetaTrader 4 Indicator, the Rejection Block tool seamlessly integrates with the MetaTrader 4 trading platform, ensuring compatibility and ease of use for traders who rely on this popular trading platform for their analysis and trading activities.

Overall, the Rejection Block MetaTrader 4 Indicator is an essential tool for traders seeking to enhance their technical analysis and improve their trading decisions. With its customizable features and user-friendly interface, it offers traders a reliable solution for identifying and analyzing rejection candlestick patterns with precision and confidence.


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The indicator identifies the most suitable moment for entering the market in terms of market volatility, when the market has the strength to move (the signal is indicated by an arrow under the candle). For each of the signals, the presence of trends on the current and higher timeframes is determined, so that the signal is in the direction of the majority of positions opened on the market (denoted near the signal by abbreviations of timeframes with a trend present). The signal appears after the c
Scientific trade
Aleksey Ivanov
5 (1)
Indicators
An extremely convenient indicator that truly makes the process of making money on the exchange easy. It is based on the scientifically rigorous theory of the market developed by the author, the beginning of which is presented here .                The full algorithm of this indicator operation is presented in the article .               The indicator calculates the most probable price movement trajectory and displays it on the chart. Based on the predicted price movement trajectory
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The Advanced Order Block Indicator for MetaTrader 5 is designed to enhance technical analysis by identifying significant order blocks that sweep liquidity and create Fair Value Gaps (FVG) when pushing away. This indicator is ideal for traders who focus on institutional trading concepts and wish to incorporate advanced order flow and price action strategies into their trading routine. Overview Order Block Identification : An order block represents a price area where a substantial number of orders
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Swing Point BoS CHoCH Con Exp Alerts
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Usiola Oluwadamilol Olagundoye
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The Order Block FVG Box indicator for MetaTrader 5 is a powerful tool designed for discerning traders looking to identify and capitalize on high-probability trading opportunities. This indicator excels at pinpointing valid Order Blocks that are immediately followed by Fair Value Gaps (FVG), enhancing your trading strategy with precise visual cues. Key Features: Order Block Identification : Detects valid Order Blocks, which are significant areas where institutional buying or selling has occurred,
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The Contraction/Expansion Breakout Indicator for MetaTrader 4 (MT4) is a powerful tool crafted to identify and signal the breakout of bullish and bearish contraction or expansion formations within financial markets. Utilizing advanced algorithmic calculations, this indicator assists traders in recognizing significant price movements that frequently accompany these formations, providing valuable insights for strategic trading decisions. Key Features: Contraction and Expansion Identification: The
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Usiola Oluwadamilol Olagundoye
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Session Liquidity Sweeper
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