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Stratégie Gold Power - Setup Rejection (Triangles propres)

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GOLD STRATEGY - Rejection Setup Indicator

This indicator automatically detects and marks precise rejection setups on major institutional price levels.

How it works:

Major levels are calculated every X points (default: 10).

Minor levels are placed above and below each major level (default offset: 2).

A bullish rejection (green triangle) is detected when a candle opens and closes above the minor high, and its wick touches a major level within a customizable tolerance (default: 0.5).

A bearish rejection (red triangle) is detected when a candle opens and closes below the minor low, and its wick touches a major level within the same tolerance.

Only one triangle per bar is plotted, even if multiple levels are touched.

Features:

No clutter: Only valid rejection setups are marked.

Fully customizable parameters for major step, minor offset, and tolerance.

Works on all timeframes and instruments.

Usage:
Add the indicator to your chart. Green triangles below bars signal bullish rejection setups; red triangles above bars signal bearish rejection setups. Use these signals to identify potential institutional reactions and high-probability reversal zones.

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