ICT Daily Wick QuadrantsICT Daily Wick Quadrants - Advanced Fibonacci Level Indicator
Overview
The ICT Daily Wick Quadrants indicator is a professional-grade TradingView tool designed for traders following the Inner Circle Trader (ICT) methodology. It automatically calculates and displays precise Fibonacci retracement levels within the daily candle wicks, providing key intraday support and resistance zones that price frequently reacts to during trading sessions.
This indicator identifies premium and discount zones within both upper and lower daily wicks, offering traders critical reference points for entries, exits, and stop-loss placement based on institutional order flow concepts.
Key Features
🎯 Dual Time Mode System
ICT Day Mode (00:00 EST): Follows the ICT standard with midnight EST as day opening and 23:59 EST as closing
Custom Time Mode: Fully customizable day opening/closing hours and minutes for any trading session (London, Tokyo, Sydney, etc.)
Perfect for traders in different time zones or following specific market sessions
📊 Five Customizable Fibonacci Levels
Level 0% (Base): Wick origin at body extremity
Level 25%: First quartile - common liquidity zone
Level 50%: Equilibrium - strongest reaction level
Level 75%: Third quartile - institutional entry zone
Level 100% (Extremity): Full wick extension - stop hunt level
Each level's percentage value is fully adjustable from 0.0 to 1.0, allowing complete customization for your trading strategy.
🎨 Separate Styling for Previous Day vs. Older Days
Previous Day Lines (Most Recent Complete Day):
Dedicated color palette with higher visibility
Individual line thickness settings (1-10 pixels)
Independent line styles (Solid, Dashed, Dotted)
Brighter colors and thicker lines for immediate focus
Older Days Lines (Historical Days):
Separate color scheme with increased transparency
Thinner lines to reduce chart clutter
Distinct styling options to differentiate from current levels
Perfect for multi-day analysis while maintaining clarity
📍 Smart Line Display System
Follow Current Bar: Lines dynamically extend to the current candle position
Bars Forward Offset: Extend lines ahead of current bar (-50 to +200 bars)
Bars Backward Offset: Start lines X bars after day opening (0 to 100 bars)
Complete Day Filter: Option to show only fully closed days (excludes incomplete current day)
This ensures your chart stays clean and focused on actionable levels relevant to your current trading position.
🏷️ Advanced Label Customization
Template Builder:
Fully customizable label templates with dynamic tags
Available tags: {day}, {type}, {level}, {price}, {date}, {time}
Mix and match to create your perfect label format
Content Options:
Day information with multiple formats (D#, Day #, DD/MM, etc.)
Wick type display (UW/LW, Upper/Lower, ↑/↓, etc.)
Percentage levels with formatting options
Price display with custom formats
Optional date and time information
Custom prefix/suffix text
Custom symbols for upper/lower wicks
Label Positioning:
Right or Left placement
Size options: Auto, Tiny, Small, Normal, Large, Huge
Separate text colors for each Fibonacci level
Independent colors for Previous Day vs. Older Days
📱 Real-Time Info Panel
Displays current indicator mode (ICT or Custom time)
Shows current bar index for reference
Displays forward and backward offsets
Counts bars within current day
Day close status indicator (Yes ✓ / No ✗)
Four position options: Top Right, Top Left, Bottom Right, Bottom Left
🎛️ Individual Line Control
Every Fibonacci level has independent settings:
Color: Full RGB with transparency control
Style: Solid, Dashed, or Dotted
Width: 1 to 10 pixels thickness
Visibility: Toggle individual levels on/off
Separate settings exist for Previous Day and Older Days, giving you complete visual hierarchy control.
Trading Applications
ICT Concepts Supported
Premium/Discount Arrays: Upper wick = premium zone, Lower wick = discount zone
Liquidity Zones: 50% level often marks institutional interest
Stop Hunts: 100% level shows where stops were taken
Fair Value Gaps: Identify FVGs in relation to daily wick quadrants
Order Blocks: Combine with OB analysis at 25% and 75% levels
Optimal Trade Entries: Enter on retracements to wick equilibrium
Strategy Ideas
Reversal Trades: Enter when price taps 50% of previous day's wick
Continuation Entries: Use 25%/75% levels as entry confirmation zones
Stop Placement: Set stops beyond 100% level for protection
Target Setting: Use opposite wick's 50% level as profit target
Trend Filter: Multiple days showing similar wick structures indicate strong directional bias
Unique Advantages
✅ No Manual Drawing: Automatic calculation on every timeframe
✅ Multi-Day Analysis: Display up to 10 days simultaneously
✅ Zero Lag: Levels appear as soon as day closes
✅ Clean Charts: Smart filtering keeps only relevant levels visible
✅ Full Customization: Every visual element is adjustable
✅ Performance Optimized: Efficient code handles 500+ lines without lag
✅ Time Zone Flexibility: Works perfectly for any global market
Technical Specifications
Max Lines: 500 (configurable)
Max Labels: 500 (configurable)
Timeframe: Works on all intraday timeframes (1M to 4H recommended)
Days Display: 1 to 10 days (configurable)
Update Frequency: Real-time on every bar
Overlay: True (displays directly on price chart)
Best Practices
For Scalpers (1M-5M): Show only Previous Day with 50% level highlighted
For Day Traders (5M-15M): Show 2-3 days with all levels visible
For Swing Traders (1H-4H): Show 5-10 days with thinner older day lines
For ICT Students: Use default settings aligned with ICT 00:00 EST standard
For Session Traders: Set custom times matching your preferred session
Why This Indicator?
Unlike standard Fibonacci tools that require manual drawing and guesswork, the ICT Daily Wick Quadrants indicator:
Eliminates human error in level placement
Automatically updates with each new trading day
Provides consistent, objective reference points
Separates current actionable levels from historical context
Saves hours of manual chart preparation
Integrates seamlessly with ICT trading methodology
Whether you're an experienced ICT trader or exploring institutional concepts, this indicator provides the precision and flexibility needed for professional-grade technical analysis.
Perfect For
✓ ICT Methodology Traders
✓ Smart Money Concepts (SMC) Practitioners
✓ Intraday Forex & Futures Traders
✓ Order Flow Analysis Enthusiasts
✓ Institutional Trading Style Followers
✓ Traders Seeking Objective Key Levels
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