The indicator plots ICT displacement candles on the price chart and can switch to retracement scanning. Displacement requires a move larger than a set share of the 14-bar average high-low range, lasting at least a chosen number of bars, with optional close, pr
Indicator · Pine Script v5 · On the chart
RB Rejection Blocks
A simple overlay indicator that marks rejection blocks from three-candle price structure.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code54
Settings9inputs
LicenceNone stated
Last update9 months ago31 Jan 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 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
A bullish block is a down candle whose low is lower than the candles on both sides, and a bearish block is an up candle whose high is higher than both neighbours. Each block can be drawn as a box or a line, with an optional label, and bullish and bearish sides can be switched off. Colours are adjustable. The rule is deliberately basic, so many blocks appear and there are no stops or targets.
- Bullish and bearish rejection block detection
- Boxes, lines and labels
- Pure price-structure rule on three candles
- Adjustable colours and side toggles
Details
Published by
Ahmed1926 on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
SMC / ICT / price action, Candlestick patterns
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
File
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Show Bullish RB | bool | true | showBull |
| Show Bearish RB | bool | true | showBear |
| Draw Boxes | bool | true | drawBoxes |
| Draw Lines | bool | false | drawLines |
| Show Labels | bool | true | showLabels |
| Bullish Box Color | color | color.new(color.green, 15) | boxColorBull |
| Bearish Box Color | color | color.new(color.red, 15) | boxColorBear |
| Bullish Line Color | color | color.green | lineColorBull |
| Bearish Line Color | color | color.red | lineColorBear |
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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