Rejection Zone Signals

A trend-pullback indicator that combines a Fast/Slow MA "rejection zone" with full risk-management visualization. Designed for discretionary intraday traders who want a clean, repeatable framework on 5m / 15m / H1 timeframes.

How it works

Trend bias is set by the Fast vs Slow moving average (default EMA 20 / EMA 50). When price pulls back into the band between the two MAs and then closes back outside in the trend direction with a confirming candle, the indicator fires an entry signal — but only if the optional 200-MA confluence and ADX filters agree.

Each entry generates a complete trade plan on the chart: entry level, ATR-based stop loss, and three take-profit targets at 1R / 2R / 3R, drawn as a cTrader-style risk/reward box pair.

Features

• Filled MA cloud (green when bullish, red when bearish) — the visible "rejection zone"
• Optional 200-MA trend filter rendered on chart
• Wilder ADX(14) chop filter to skip ranging markets
• ATR-based stop loss with editable multiplier
• TP1 / TP2 / TP3 targets at customizable R-multiples
• R:R box visualization: red risk box (entry → SL), green reward box (entry → TP3)
• Boxes auto-close at the bar where exit conditions are met — no clutter from unfinished levels
• Per-setup outcome badges: WIN / LOSS / BE / OPEN / TP1+ / TP2+
• Live stats panel: wins, losses, breakeven count, win rate, average R
• Sound alert on entry plus dedicated Long/Short signal outputs for cTrader's email/push alerts
• Fully configurable: MA types, lengths, filter thresholds, risk parameters, display toggles

Suggested usage

1. Identify a trending instrument with a higher-timeframe scanner or your own bias.
2. Load the indicator on 15m or 5m.
3. Wait for an arrow that aligns with your higher-timeframe direction.
4. Enter at the yellow entry level, place stop and TPs at the drawn lines.
5. At TP1: close 50%, move SL to breakeven. At TP2: close 25%. Trail the rest with the Fast MA.

Notes

The indicator processes every tick; signals on the live (in-progress) bar may repaint until the bar closes. For zero-repaint entries, wait for bar close before acting. For ambiguous bars where both SL and a TP are touched, the outcome tracker assumes SL was hit first (conservative for stats).

This is a discretionary tool, not an automated system. Backtest on your symbols and timeframes before live use.