RB — Rejection Blocks (Price Structure)

This indicator highlights potential Rejection Blocks (RB) from pure price structure.
What it does
• Detects bullish and bearish RBs using simple candle rules
• Draws zones as boxes, optional lines, and labels
• Keeps the chart readable with minimal, focused visuals
How it works
• Bullish RB: a down candle with a lower low than both the previous and the next candle
• Bearish RB: an up candle with a higher high than both the previous and the next candle
Use case
Useful for visually studying potential rejection areas and market structure on any timeframe.
Note
This tool is not a signal system; it’s a visual aid for discretionary analysis.