You can download it from this link:
https://cdn.tradingfinder.com/file/2...5-by-tflab.zip
You can also access the MetaTrader 4 version of this indicator through this page:
https://www.forexfactory.com/thread/...r-mt4-download
For instructions on how to install:
https://www.forexfactory.com/thread/...-in-metatrader
- Displays consumed portions of the rejection block
- Once fully consumed, the level becomes invalid
Indicator Settings
Customizable Options:
Display Settings: Adjust on-screen visualization
Color Theme: Switch between light and dark themes
Back Candles Check: Review past candles for rejection areas
Rejection Block Colors: Customize bullish/bearish rejection block colors
Show Break of Structure (BOS) & Change of Character (ChoCH): Enable/disable trend shift detection
Invalid RBs with Close Beyond Zone: Remove invalid rejection blocks
Show Void (Consumed Area): Display the used portion of a rejection block
Why Use the Rejection Block Indicator?
Identifies strong reversal zones for high-probability trades
Enhances price action strategies for precise trade execution
Reduces false signals by filtering weak reversals
Multi-timeframe functionality for better market insight
Optimize your trading strategy with the Rejection Block Indicator and master market reversals!