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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.
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В истинном духе TradingView, создатель этого скрипта сделал его открытым исходным кодом, чтобы трейдеры могли проверить и убедиться в его функциональности. Браво автору! Вы можете использовать его бесплатно, но помните, что перепубликация кода подчиняется нашим Правилам поведения.
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Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
Скрипт с открытым кодом
В истинном духе TradingView, создатель этого скрипта сделал его открытым исходным кодом, чтобы трейдеры могли проверить и убедиться в его функциональности. Браво автору! Вы можете использовать его бесплатно, но помните, что перепубликация кода подчиняется нашим Правилам поведения.
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.