OPEN-SOURCE SCRIPT
Rejection Radar PRO Hariss 369
Detect potential price rejection before a trend move loses momentum.
Rejection Radar PRO is a price-action based indicator designed to identify potential exit and reversal zones by combining confirmed support/resistance pivots, rejection candles, ATR-based rejection zones, and a higher-timeframe KAMA trend filter.
Instead of reacting to every candle, the indicator focuses on where price is being rejected.
🔥 Key Features
• HTF KAMA Trend Filter
Uses a higher-timeframe KAMA to provide directional context and help filter rejection signals against the broader trend.
• Confirmed Support & Resistance
Uses confirmed pivot highs and pivot lows to establish important potential rejection areas.
• Dynamic Rejection Zones
ATR-based zones create a flexible area around support and resistance rather than relying on a single exact price.
• Wick-Based Rejection Detection
Detects candles showing significant upper or lower wick rejection relative to candle body size.
• Optional Engulfing Rejection
Can additionally recognize bullish and bearish engulfing structures as rejection signals.
• Candle-Close Confirmation
Optional close confirmation helps reduce signals from candles that have not yet completed.
• Visual Rejection Markers
Clear rejection markers identify potential bearish rejection at resistance and bullish rejection at support.
• Exit Signals
Designed primarily as an exit/profit-protection tool:
Bearish rejection near resistance → potential LONG exit warning
Bullish rejection near support → potential SHORT exit warning
• Alerts
Create TradingView alerts when confirmed rejection conditions occur.
🧠 How It Works
The indicator combines:
HTF Trend → Confirmed Pivot → Rejection Zone → Candle Structure → Rejection Signal
A rejection signal is not simply generated because price touches support or resistance. Price must also demonstrate a rejection structure through the candle's wick/body relationship or optional engulfing pattern.
📊 Best Use
This indicator can be used alongside a separate trend-following entry system.
For example:
LONG
→ Enter using your primary trend-following system
→ Hold while the trend remains intact
→ Watch resistance/rejection zones
→ Bearish rejection can act as an early profit-protection or exit warning
SHORT
→ Enter using your primary trend-following system
→ Hold while the trend remains intact
→ Watch support/rejection zones
→ Bullish rejection can act as an early profit-protection or exit warning
It is particularly useful for traders who want to avoid exiting solely because of a small pullback or a single opposite candle.
⚙️ Customization
The indicator allows customization of:
• HTF timeframe
• KAMA length, fast and slow parameters
• Pivot sensitivity
• ATR zone width
• Wick/body rejection ratio
• Candle close-location threshold
• Engulfing rejection
• Candle-close confirmation
• Zone and pivot visibility
• Rejection markers
• Exit labels
⚠️ Important
This is a decision-support indicator, not a standalone trading system.
A rejection signal does not guarantee a reversal. Price can temporarily reject a level and subsequently break through it. Always consider market structure, volatility, liquidity, position size, and your predefined risk-management rules.
Backtest and forward-test the indicator on your specific instrument and timeframe before using it with real capital.
**DISCLAIMER**
Rejection Radar PRO is provided for educational and informational purposes only. It is not financial, investment, or trading advice and does not constitute a recommendation to buy or sell any security, futures contract, option, cryptocurrency, or other financial instrument.
Trading involves substantial risk, and past performance or historical signals do not guarantee future results. Rejection signals may fail, particularly during strong breakouts, high-volatility events, news releases, or rapidly changing market conditions.
Users are solely responsible for their trading decisions, risk management, position sizing, and financial outcomes.
Always conduct your own research, backtesting, and forward testing before using this indicator with real money.
Rejection Radar PRO is a price-action based indicator designed to identify potential exit and reversal zones by combining confirmed support/resistance pivots, rejection candles, ATR-based rejection zones, and a higher-timeframe KAMA trend filter.
Instead of reacting to every candle, the indicator focuses on where price is being rejected.
🔥 Key Features
• HTF KAMA Trend Filter
Uses a higher-timeframe KAMA to provide directional context and help filter rejection signals against the broader trend.
• Confirmed Support & Resistance
Uses confirmed pivot highs and pivot lows to establish important potential rejection areas.
• Dynamic Rejection Zones
ATR-based zones create a flexible area around support and resistance rather than relying on a single exact price.
• Wick-Based Rejection Detection
Detects candles showing significant upper or lower wick rejection relative to candle body size.
• Optional Engulfing Rejection
Can additionally recognize bullish and bearish engulfing structures as rejection signals.
• Candle-Close Confirmation
Optional close confirmation helps reduce signals from candles that have not yet completed.
• Visual Rejection Markers
Clear rejection markers identify potential bearish rejection at resistance and bullish rejection at support.
• Exit Signals
Designed primarily as an exit/profit-protection tool:
Bearish rejection near resistance → potential LONG exit warning
Bullish rejection near support → potential SHORT exit warning
• Alerts
Create TradingView alerts when confirmed rejection conditions occur.
🧠 How It Works
The indicator combines:
HTF Trend → Confirmed Pivot → Rejection Zone → Candle Structure → Rejection Signal
A rejection signal is not simply generated because price touches support or resistance. Price must also demonstrate a rejection structure through the candle's wick/body relationship or optional engulfing pattern.
📊 Best Use
This indicator can be used alongside a separate trend-following entry system.
For example:
LONG
→ Enter using your primary trend-following system
→ Hold while the trend remains intact
→ Watch resistance/rejection zones
→ Bearish rejection can act as an early profit-protection or exit warning
SHORT
→ Enter using your primary trend-following system
→ Hold while the trend remains intact
→ Watch support/rejection zones
→ Bullish rejection can act as an early profit-protection or exit warning
It is particularly useful for traders who want to avoid exiting solely because of a small pullback or a single opposite candle.
⚙️ Customization
The indicator allows customization of:
• HTF timeframe
• KAMA length, fast and slow parameters
• Pivot sensitivity
• ATR zone width
• Wick/body rejection ratio
• Candle close-location threshold
• Engulfing rejection
• Candle-close confirmation
• Zone and pivot visibility
• Rejection markers
• Exit labels
⚠️ Important
This is a decision-support indicator, not a standalone trading system.
A rejection signal does not guarantee a reversal. Price can temporarily reject a level and subsequently break through it. Always consider market structure, volatility, liquidity, position size, and your predefined risk-management rules.
Backtest and forward-test the indicator on your specific instrument and timeframe before using it with real capital.
**DISCLAIMER**
Rejection Radar PRO is provided for educational and informational purposes only. It is not financial, investment, or trading advice and does not constitute a recommendation to buy or sell any security, futures contract, option, cryptocurrency, or other financial instrument.
Trading involves substantial risk, and past performance or historical signals do not guarantee future results. Rejection signals may fail, particularly during strong breakouts, high-volatility events, news releases, or rapidly changing market conditions.
Users are solely responsible for their trading decisions, risk management, position sizing, and financial outcomes.
Always conduct your own research, backtesting, and forward testing before using this indicator with real money.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.