I've found that setting up a regex for ignoring some lines also made it necessary to include others.
"indentRainbow.ignoreLinePatterns" : [
"/^( )* \\| [^\\s\\n]/gm",
]
This ignores lines where a pipe is at a specific location when indenting with 4 spaces:

This correctly ignores lines 27 and 31.
However, I'd like to have this as a counterpart:
"indentRainbow.markLinePatterns" : [
"/^( )*\\|/gm",
]
Such that lines 5, 13, 21, 29, and 37 are also marked in red as incorrect, they start with a multiple of four spaces where the next character is a pipe.