Rejection Block RadarScreen
Rejection Block RadarScreen brings wick rejection zone detection to your watchlist scanning workflow. Color-coded columns show which symbols have active rejection blocks, how close price is to those zones, whether price is inside a zone, and the current zone count — all across your entire watchlist without opening a single chart.
- ●NrBullDst and NrBearDst columns show percentage distance to the nearest bullish or bearish rejection zone — teal background when a zone exists, making it easy to spot symbols approaching defended levels
- ●BullCnt and BearCnt show how many active bullish and bearish rejection zones exist for each symbol — green for bullish demand zones, crimson for bearish supply zones
- ●InBullZone and InBearZone columns light up with strong green or red backgrounds when price is currently sitting inside an active rejection zone — these are your live setup signals
- ●NewRejSig column flashes amber when a fresh rejection block was just identified on the current bar — sort by this column to catch new zones as they form in real time
- ●All cells use the Indicator Hub dark theme palette for consistent, professional visual scanning across your workspace
Sort by InBullZone or InBearZone to find symbols currently inside rejection zones. Sort by NrBullDst or NrBearDst ascending to find symbols closest to a rejection level — these are approaching setups. Sort by NewRejSig to catch fresh zones the moment they appear.
Includes the same dual-filter detection as the chart indicator: MinWickRatio for shape quality and MinWickATR for size significance. All signals use completed bar data only. Non-repainting guaranteed.
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Part of the Rejection Block Bundle
Get all 4 study types for $65 — save $30
Who This Is For
Built for price action and SMC day traders managing 20-100 symbol watchlists who trade pullback entries into rejection zones. Use this to monitor your entire universe for zone proximity and active setups without manually checking charts.
Add the scanner to your main RadarScreen window. During market hours, sort by InBullZone descending to find symbols where price is sitting inside a bullish rejection demand zone right now — these are potential long setups. Sort by InBearZone for potential shorts. Check NrBullDst and NrBearDst ascending to find symbols approaching zones that have not been tested yet.
When you spot a symbol with InBullZone = 1 or InBearZone = 1, switch to the chart indicator to see the exact zone boundaries and midpoint for precision entry timing. Check the zone count columns to gauge how many institutional rejection levels exist at different prices.
The scanner works on any timeframe. Use 5-minute intervals for intraday scanning, daily for swing trade setup identification. Performs best on liquid markets where wick rejection patterns reflect genuine institutional defense rather than random noise.
See It in Action
Example chart showing Rejection Block RadarScreen on a live trading session
Example chart showing Rejection Block RadarScreen on a live trading session
Installation Guide
Step 1: Download the indicator file
After purchase, download rejection-block-radarscreen.eld from your confirmation email or account download page. Save it somewhere easy to find like your Desktop or Downloads folder.
Step 2: Open the Import Wizard
Open TradeStation. Click the File menu in the top-left corner, then select Import/Export EasyLanguage to launch the Import/Export Wizard.
Step 3: Select the import type
In the Import/Export Wizard, select "Import EasyLanguage file (ELD, ELS or ELA)" from the list. Click Next to continue.
Step 4: Browse for the file
Click the Browse button to open a file browser where you can locate your downloaded .ELD file.
Step 5: Select and open the file
Navigate to the folder where you saved the .ELD file. Select rejection-block-radarscreen.eld and click Open. The file name shown may differ from the screenshot — look for your downloaded indicator file.
Step 6: Open the Studies menu
Open your RadarScreen window. Click the Studies dropdown in the toolbar and select Add Study.
Step 7: Select the indicator
In the Add Study dialog, make sure Indicator is selected in the Study Type dropdown. Find "!IndHub-RS_RejBlock_v1" in the Available list, select it, and click Add. Click OK to apply.
Step 8: Configure your watchlist and columns
Add your symbols to the RadarScreen watchlist. Adjust column widths by dragging column borders. Key inputs: MinWickRatio (default 0.5), MinWickATR (default 0.5), MaxRejAge (default 100), MaxRejCount (default 10). Sort by InBullZone or InBearZone to find active setups, or by NrBullDst/NrBearDst to find approaching setups.
Common Issues
All columns show zeros for every symbol. Nothing is loading.
The rejection block detection requires sufficient historical bars to calculate ATR and identify wick patterns. Right-click the indicator column header, go to Studies > Edit for All Symbols..., click the General tab, and ensure additional bars loaded is set to at least 500. Also verify that MinWickRatio and MinWickATR are not set too high — the defaults of 0.5 each work well for most markets. If the market is in a low-volatility period with small candles, fewer rejections will qualify.
InBullZone shows 1 but when I open the chart I do not see the zone.
This is likely a timeframe mismatch. RadarScreen calculates on the interval set in the RadarScreen interval selector (bottom-right corner). If your RadarScreen is set to 5-minute but your chart is on 1-minute, the rejection zones will differ because wick patterns change across timeframes. Match the RadarScreen interval to the chart timeframe you are trading.
I am getting too many NewRejSig signals. How do I filter to only the strongest rejections?
Increase both filter thresholds. Raise MinWickRatio to 0.6 or 0.7 to require more dominant wicks (where the wick is 60-70% of the total bar range). Raise MinWickATR to 0.75 or 1.0 to require larger absolute wick sizes. This combination catches only the most dramatic institutional rejection candles — pin bars with very long wicks relative to both their own range and recent volatility.
For additional help, contact support.