The AT ReboundBar indicator shows you when a bar completely reverses the previous bar.
Especially in Renko Charts this shows turning points in short term trends.


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ReboundBar settings


  • When the price bar rebounds
  • Optionally when a third bullish or bearish bar forms


Strong LongWhen there’s minimal 1 bar above the last bullish rebound bar
Weak LongWhen the price is above a just formed bullish rebound bar
NoneWhen a rebound bar is forming, e.g. price is below the previous bullish bar or above the previous bearish bar
Weak ShortWhen the price is below a just formed bearish rebound bar
Strong ShortWhen there’s minimal 1 bar below the last bearish rebound bar


Up ColorThe bar color for bullish rebound bars
Down ColorThe bar color for bearish rebound bars
Alert at 3th barEnable this to trigger an alert on 3 consecutive bullish or bearish bars.
Color background at 3th barEnable this to color the background red or green on a 3th bullish or bearish bar