Indicator · Pine Script v5 · On the chart

Forex Majors 4H Rejection Scanner

by alboogycOdR

Forex Majors 4H Rejection Scanner tracks seven customizable currency pairs on a four-hour timeframe and displays their bias in a table overlay on the main price chart.

View on GitHub

Repaints

GitHub stars6on the repository
Pine versionv5runs as is
Lines of code75
Settings7inputs
LicenceNone stated
Last update7 months ago16 Mar 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
  4. 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.

Source Code

The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.

Overview

Forex Majors 4H Rejection Scanner checks the last two closed four-hour candles for high or low price rejections, labeling a bullish bias when price sweeps below a previous low without closing under it, and a bearish bias when price sweeps above a previous high. Note that security calls use lookahead mode to retrieve four-hour candle data.

Details

Published by

alboogycOdR on GitHub

Type

Indicator, Pine Script v5

Draws

On the price chart

Category

Screeners & dashboards, Support & resistance, Candlestick patterns

Markets

Forex

Timeframes

M15-H1, H4 and above

Risk Notes

  • Reads higher-timeframe data with lookahead on, so the history can show signals that were not there in real time

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
Symbol 1symbolFX:EURUSDs1
Symbol 2symbolFX:GBPUSDs2
Symbol 3symbolFX:USDJPYs3
Symbol 4symbolFX:USDCADs4
Symbol 5symbolFX:AUDUSDs5
Symbol 6symbolFX:NZDUSDs6
Symbol 7symbolFX:USDCHFs7
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.

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