ICT Rejection Block [KTY]

ICT Rejection Block Indicator


[ Overview ]

This indicator automatically detects and displays Rejection Blocks based on ICT (Inner Circle Trader) methodology.

Rejection Blocks are price zones formed by candles with long wicks, indicating strong buying or selling rejection at that level.


[ Key Features ]

Automatic Detection
- Identifies candles with significant wick-to-body ratio
- Rejection High (Red): Long upper wick showing buying pressure rejected
- Rejection Low (Green): Long lower wick showing selling pressure rejected

Multi-Timeframe Support
- Display rejection blocks from two different timeframes simultaneously (LTF & HTF)
- HTF rejection blocks carry more significance


[ How to Use ]

1. Identify rejection blocks on your chart
2. Watch for price reaction when re-entering the rejection zone
3. Combine with Order Block, FVG, or Market Structure for confluence
4. Use rejection block levels as reference for stop-loss placement

Pro Tips:
- HTF rejection blocks (1H+) are more reliable
- Rejection block aligned with OB or FVG increases significance
- Multiple rejection blocks at similar levels indicate strong S/R zone


[ Settings ]

LTF: Enable and select lower timeframe
HTF: Enable and select higher timeframe
Rejection Block Count: Number of rejection blocks to display per type
Colors: Customize colors for rejection high and low
Show Mitigated Rejection Blocks: Display broken zones in gray


[ Alerts ]

Rejection High Detected
Rejection Low Detected
Rejection High Mitigated
Rejection Low Mitigated


[ Notes ]

This indicator is designed for educational purposes.
Rejection blocks do not guarantee price reversal.
Always combine with proper risk management.


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