Wick Reject Scanner Dashboard (Multi-Symbol/Multi-TF) - MetaTrader 5 Script - MT4/MT5 Resources

Wick Cull Scanner Dashboard is a professional MT5 indicator that continuously scans multiple symbols and timeframes for wick based rejection candles (upper rejection or lower rejection) and presents a clear and easy-to-read chart dashboard with the most relevant results.

It is built for traders who use price action/rejection candles as triggers, but want a faster way to monitor watchlists without having to manually open and check dozens of charts. This tool acts like a "radar": it finds the nearest rejection candles and uses power scores and contextual filters to help you focus on only the most meaningful setups.

This is a scanner + visualizer . It's really not about making a deal.

A signal is generated when a candle meets configurable rejection rules, including:

Dominant wick (upper or lower limit) as a percentage of the entire candle range

Minimum candle range filter to avoid tiny/noisy candles

Minimum body size avoids meaningless "needle" strips

Opposite wick caps avoid "indecisive" candles with large wicks on both sides

Optional ATR filter so the signal only appears if it fluctuates enough

Optional trend background score penalizes signals occurring at weak positions in the recent range

The result is a set of rejection signals designed to be realistic and not overly sensitive.

Multi-symbol scanner

Scan symbols from MarketWatch or from a custom comma separated list

Limit the number of scanned symbols for performance control

Multiple time range support

Scan the current chart time range or a fixed time range

Optional additional scans for M15 and H4

Professional dashboard user interface

Clean dark theme dashboard with consistent spacing and alignment

Display: symbol, time range, signal type, wick percentage, intensity, age

Sort by : Newest/Highest Wick Percent/Highest Intensity

Shows compact signal times (time before the bar or the most recent signal)

Click to switch charts

Clicking on a dashboard row instantly switches the chart to that row symbol + time frame

Chart markers (optional)

Draw arrows on the chart for detected signals

Optional wick percentage label

Maximum number of tags for performance and readability

Alert (optional)

Popup/Push/Email Alerts

Cooling control to avoid repeated alerts on the same symbol/timeframe

Watchlist scans for importance level rejection candles

Quick filtering before manual confirmation (S/R, trend structure, session time, liquidity scan)

Dedicated "settings radar" on secondary display

Wick rejection candles are triggers , not a complete strategy.

For higher quality trading decisions, combine signals with:

support/resistance zone

Trend structure (HH/HL or LH/LL)

Higher time frame deviation

Session time/fluctuation conditions

Detection settings

Wick threshold (% of candle range)

Minimum candle range (points)

minimum body percentage

Maximum opposite wick percentage

ATR-based verification (period + multiplier)

Trending contextual scoring (lookback + threshold)

Scanner settings

Market watch symbols or custom symbol lists

Scan time range selection (or current chart time range)

Optional additional time frame (M15/H4)

Bars to check + refresh interval

Optional limit for maximum display signal

User interface and alerts

Dashboard position, offset, line height, font size

tag visibility, tag visibility, max tags

Alert channels and cool down times

If you trade wick rejections and want a faster workflow, the Wick Rejection Scanner Dashboard helps you:

Scan more charts in less time,

Use practical filters to reduce noise, and

Focus on the best candidates with strength scoring and ranking.

Attachment download

📎 Wick-Rejection-Scanner-Dashboard.mq5 (102.56 KB)

Source: MQL5 #68101