//@version=5
indicator("Price Action Structure & Rejections", overlay=true)

// --- 1. MARKET STRUCTURE (Swing Highs & Lows) ---
// Lookback period for finding swings
lb = input.int(5, title="Swing Lookback Period")

sw_high = ta.pivothigh(high, lb, lb)
sw_low  = ta.pivotlow(low, lb, lb)

plotshape(sw_high, title="Swing High", style=shape.labeldown, location=location.abovebar, color=color.red, text="LH/SH", textcolor=color.white, offset=-lb)
plotshape(sw_low, title="Swing Low", style=shape.labelup, location=location.belowbar, color=color.green, text="HL/SL", textcolor=color.white, offset=-lb)

// --- 2. REJECTION WICK (Long Wick / Pinbar) DETECTION ---
// Inputs for wick ratio
body_size = math.abs(close - open)
total_range = high - low
upper_wick = high - math.max(open, close)
lower_wick = math.min(open, close) - low

// Conditions: Wick is at least 60% of the total candle range, body is small
is_long_upper_wick = (upper_wick >= total_range * 0.6) and (body_size <= total_range * 0.3)
is_long_lower_wick = (lower_wick >= total_range * 0.6) and (body_size <= total_range * 0.3)

plotshape(is_long_upper_wick, title="Bearish Rejection Wick", style=shape.triangledown, location=location.abovebar, color=color.red, size=size.small)
plotshape(is_long_lower_wick, title="Bullish Rejection Wick", style=shape.triangleup, location=location.belowbar, color=color.green, size=size.small)