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FVG Rejection Signal
FVG Rejection Confirmed
FVG Rejection Confirmed is a price action indicator designed to identify high-confluence reversal and continuation opportunities inside Fair Value Gaps (FVGs). It combines Fair Value Gap context, wick rejection, and momentum confirmation into a simple, objective signal.
How It Works
The indicator looks for three conditions:
Step 1: Price enters a Fair Value Gap
The indicator identifies standard three-candle Fair Value Gaps and waits for price to trade back into an active gap.
Step 2: Rejection candle
Once price is inside the Fair Value Gap, the indicator looks for a rejection candle.
A bullish rejection candle must:
* Close bullish.
* Have a lower wick that is larger than its body.
A bearish rejection candle must:
* Close bearish.
* Have an upper wick that is larger than its body.
When these conditions are met, the indicator plots an arrow.
Step 3: Confirmation candle
The very next candle is evaluated for confirmation.
A Buy signal is generated when:
* The previous candle printed a bullish rejection arrow.
* The current candle closes bullish.
* The current candle’s body is larger than the previous candle’s body.
A Sell signal is generated when:
* The previous candle printed a bearish rejection arrow.
* The current candle closes bearish.
* The current candle’s body is larger than the previous candle’s body.
Purpose
The goal of the indicator is to help traders identify moments where:
* Price retraces into a Fair Value Gap.
* The market rejects lower or higher prices.
* Buyers or sellers immediately demonstrate increasing momentum.
Rather than entering solely because price reaches a Fair Value Gap, this indicator waits for both rejection and confirmation before generating a trading signal.
Notes
* Uses the standard three-candle Fair Value Gap definition.
* Signals are only generated after the candle has closed, helping avoid repainting during candle formation.
* Designed as a confirmation tool and should be used alongside market structure, liquidity, higher time frame bias, and sound risk management.
This indicator is intended to provide objective, repeatable signals while keeping the underlying logic simple and transparent.
FVG Rejection Confirmed is a price action indicator designed to identify high-confluence reversal and continuation opportunities inside Fair Value Gaps (FVGs). It combines Fair Value Gap context, wick rejection, and momentum confirmation into a simple, objective signal.
How It Works
The indicator looks for three conditions:
Step 1: Price enters a Fair Value Gap
The indicator identifies standard three-candle Fair Value Gaps and waits for price to trade back into an active gap.
Step 2: Rejection candle
Once price is inside the Fair Value Gap, the indicator looks for a rejection candle.
A bullish rejection candle must:
* Close bullish.
* Have a lower wick that is larger than its body.
A bearish rejection candle must:
* Close bearish.
* Have an upper wick that is larger than its body.
When these conditions are met, the indicator plots an arrow.
Step 3: Confirmation candle
The very next candle is evaluated for confirmation.
A Buy signal is generated when:
* The previous candle printed a bullish rejection arrow.
* The current candle closes bullish.
* The current candle’s body is larger than the previous candle’s body.
A Sell signal is generated when:
* The previous candle printed a bearish rejection arrow.
* The current candle closes bearish.
* The current candle’s body is larger than the previous candle’s body.
Purpose
The goal of the indicator is to help traders identify moments where:
* Price retraces into a Fair Value Gap.
* The market rejects lower or higher prices.
* Buyers or sellers immediately demonstrate increasing momentum.
Rather than entering solely because price reaches a Fair Value Gap, this indicator waits for both rejection and confirmation before generating a trading signal.
Notes
* Uses the standard three-candle Fair Value Gap definition.
* Signals are only generated after the candle has closed, helping avoid repainting during candle formation.
* Designed as a confirmation tool and should be used alongside market structure, liquidity, higher time frame bias, and sound risk management.
This indicator is intended to provide objective, repeatable signals while keeping the underlying logic simple and transparent.
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.