HTF Rejection Blocks + SMT

Rejection block detection combined with Smart Money Technique divergence for high-probability reversals.

Overview

This indicator combines rejection block detection across multiple timeframes with Smart Money Technique (SMT) divergence analysis. Rejection blocks are formed by significant wick rejections at swing highs and lows — the zone defined by the body-to-wick relationship of the rejection candle.

The tool identifies reversals when a rejection block coincides with SMT divergence — when an instrument reaches a new extreme but its correlated asset does not.

Settings

Timeframe Selection

Users can enable detection on the current timeframe plus up to four higher timeframes, each independently configured.

Rejection Block Parameters

Minimum Swing Size — Integer (default: 20 ticks) Threshold for qualifying swing rejections.

Mitigation Trigger — Close / Wick (default: Close) Whether blocks invalidate on candle close or wick touch.

Show 50% Line — Toggle Midpoint reference within each block.

Visual Settings

Bullish Block Color — Color picker (default: teal)

Bearish Block Color — Color picker (default: red)

Show Border — Toggle

Label Size — Tiny / Small / Normal / Large

SMT Configuration

Primary Pivot Lookback — Integer (default: 5)

Secondary Pivot Lookback — Integer (default: 8)

Comparison Symbol — Symbol (default: ES1!)

SMT Line Color — Color picker

SMT Line Width — Integer

SMT Line Style — Solid / Dashed / Dotted

How We Use It

We watch for when price sweeps a session high into a 15-minute or 1-hour rejection block and the correlated asset fails to confirm the new high. That's the setup — short on the rejection candle close with stops beyond the block extreme.