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Rejection Block

The "Rejection Block" MetaTrader 5 Indicator offers traders a comprehensive tool for identifying and visualizing rejection candlestick patterns, commonly known as rejection blocks. These patterns are pivotal in discerning potential market reversals or continuations, making them invaluable for traders seeking to enhance their analysis.

Key Features:

  1. Rejection Block Detection: The indicator diligently scans price data, pinpointing instances of rejection candlestick patterns. These patterns typically manifest as candles with long upper or lower wicks and small bodies, indicating a rejection of higher or lower prices by market participants.

  2. Visual Representation: Rejection blocks are prominently displayed on the price chart, ensuring clear visibility and ease of interpretation for traders. Each rejection block is presented with customizable attributes, allowing traders to tailor the appearance to their preferences.

  3. Customizable Parameters: Traders have the flexibility to customize various parameters of the indicator to align with their trading strategies and preferences. This includes the ability to adjust the color, width, and style of the rectangles drawn on the chart, providing traders with greater control over their visual representation.

  4. Enhanced Analysis: By leveraging the insights provided by the Rejection Block indicator, traders can make more informed trading decisions. Whether used in isolation or in conjunction with other technical indicators, the identification of rejection blocks empowers traders to identify potential entry and exit points with greater accuracy.

Overall, the Rejection Block MetaTrader 5 Indicator serves as a valuable tool for traders seeking to capitalize on the insights provided by rejection candlestick patterns. With its customizable features and intuitive visual representation, it offers traders a comprehensive solution for enhancing their technical analysis and improving their trading outcomes.


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Bernhard Schweigert
5 (1)
Indikatoren
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Marzena Maria Szmit
5 (5)
Indikatoren
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Italo Santana Gomes
4.9 (10)
Indikatoren
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5 (17)
Indikatoren
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Blahtech Limited
4.54 (13)
Indikatoren
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Reza Aghajanpour
5 (19)
Indikatoren
** All Symbols x All Timeframes scan just by pressing scanner button ** *** Contact me  to send you instruction and add you in "123 scanner group" for sharing or seeing experiences with other users. After 17 years of experience in the markets and programming, Winner indicator is ready. I would like to share with you! Introduction The 123 Pattern Scanner indicator with a special enhanced algorithm is a very repetitive common pattern finder with a high success rate . Interestingly, this Winner in
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Ramil Minniakhmetov
4.82 (56)
Indikatoren
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4.17 (6)
Indikatoren
IX Power   bringt die unschlagbare Präzision von FX Power endlich auch zu Nicht-Forex-Symbolen. Es bestimmt präzise die Intensität von kurz-, mittel- und langfristigen Trends in Ihren Lieblingsindizes, Aktien, Rohstoffen, ETFs und sogar Kryptowährungen. Sie können   alles analysieren, was   Ihr Terminal zu bieten hat. Probieren Sie es aus und erleben Sie, wie   sich Ihr Timing   beim Handel   deutlich verbessert . IX Power Hauptmerkmale 100% präzise, nicht nachpinselnde Berechnungsergebni
Quantum Trend Sniper
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4.71 (49)
Indikatoren
Wir stellen vor       Quantum Trend Sniper Indicator   , der bahnbrechende MQL5-Indikator, der die Art und Weise, wie Sie Trendumkehrungen erkennen und handeln, verändert! Entwickelt von einem Team erfahrener Händler mit über 13 Jahren Handelserfahrung,       Quantum Trend Sniper-Indikator       wurde entwickelt, um Ihre Trading-Reise mit seiner innovativen Methode zur Identifizierung von Trendumkehrungen mit extrem hoher Genauigkeit auf ein neues Niveau zu heben. ***Kaufe Quantum Trend Snipe
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