Acknowledgement
This indicator is dedicated to my friend Alexandru who saved me from one of these liquidation raids which almost liquidated me.
Alexandru is one of the best scalpers out there and he always nails his entries at the tip of these wicks.
This inspired me to create this indicator.
What's a Liquidation Wick?
It's that fast stop-hunting wick that...
Wick Hunter MVWAP & RSI to be used to produce quality reversal entries based on VWAP with added RSI Filtering.
The MVWAP allows our traders to utilize different timeframes in combination, and send alerts directly to Wick Hunter via the any alert function.
Wick Connect MVWAP & RSI was designed specifically to work with Wick Hunter, the lightning fast...
Wick Hunter VWAP & RSI Script to be used to produce quality reversal entries based on VWAP with added RSI Filtering.
Wick Connect 2.0 was designed specifically to work with Wick Hunter, the lightning fast cryptocurrency trading robot that can trade for you 24/7.
Simply input your UUID and start trading automatically with Wick Hunter!
The indicator first starts...
This script will identify and draw price gaps, wicks and imbalances with customizable fill conditions, multi-timeframe function, zone size filtering, volume comparison, lookback filtering, as well as highly customizable appearance and settings.
I’ve made this indicator to combine the three similar but different elements that occur in price movements and serve as...
Largest Candle Profile
A simple script that finds the largest candle between a user's defined area. Search for the largest candle (high-low), largest body (open-close) or largest wick between any selected area.
How To Use:
Anchor pivot A and B on the area of choice.
Indicator can be used to detect levels of interest. Coded to be used with anchored vwap,...
█ This Indicator shows a wick-off check pattern applied to a moving average.
This pattern appears when a candle opens below the moving average and closes above it, or when it opens above a moving average and closes below it. This causes a wick to go through the moving average: a wick-off check moving average.
█ Usages:
This indicator detects small...
Candle wicks provide incredibly useful confluence and confirmation of price action and technical analysis.
Quite simply a wick is formed by price being moved to an extreme by one side, then price being pushed back by the other side.
This can show increased pressure by one side, reduced or increased momentum, or exhaustion by another side.
This indicator while...
Multiple Wicks forming at OverSold & OverBought levels create Buying and Selling Pressure. This Script tries to capture the essence of the buy and sell pressure created by those wicks. Wick pressure shows that the trend is Exhausted.
How it works:
This Wick Pressure Indicator checks for three candles forming the wicks in overbought and oversold zones. The...
It will work on Bank Nifty future only with 2 min time frame. GO Long above candle if the lower wick is more than 50 points and go short below the candle if upper wick is more than 50 points. It will work better with price action.(demand and supply zone)
Multi VWAP indicator for Wick Hunter
Useful when you are running out of indicator slots or want to backtest multiple timeframes and VWAP Settings on the same chart.
Original VWAP code here which will fire alerts anytime above/below VWAP:
Original MVWAP By honeybadger which will also fire alerts anytime above/below VWAP:
V3.3 by STP_Todd: added additional...
Simple script showing candles missing an upper or downer wick. As candles tend to have a low and a high, they will most certainly form wicks. It is rare to have wickless candles on longer time frames, so it's more relevant on 1h and above.
What can you do about it?
If you see for example a Bitcoin 4h candle that hasn't form two wicks yet, there are high...
Wick play is a candle stick long setup popularized by 2020 US Investing Champion Oliver Kell
Wick Play is a setup in which:
Strong stock with momentum to the upside closes off the highs of the day in yesterdays session.
Today's session opens in the candle "wick" of yesterdays bar.
If stock holds in the wick and doesn't trade in the body of yesterdays...
Instead of the RSI which only uses the close of the market to calculate RSI, this indicator uses the Open, Close, High and Low individually to give four unique data points which are then drawn as candlesticks in place of the regular RSI.
I've created this as a confirmation indicator to help know when market conditions are favorable to enter a trade. It measures volume, volatility, and ATR. It is not intended to tell you when to enter/exit the market, but use it with another indicator such as the mirror macd to filter out many losses and avoid entering the market during low volume or excessive...
This candle range comparison is similar to my original script Candle Range Compare .
This script is to compares the size of open/close high/low and wick size side by side. This version of the script allows you to only show a chosen month of each year to compare. I hadn't even thought to try and vanish the part of the chart I'm not looking at. I'll consider...
This script Uses a bunch of different indicators in order to catch wicks.
Included are:
SAR
JME
Range Filter
ADX
RSI
MACD
Automatic Plotted TP
Unconfirmed entries followed by confirmed entries
This is a combination of different indicators therefore the credit shall not go to me but I have changed certain parameters in order to benefit backtesting...
- Volatility Indicator
- Replacement for ATR
- As each pair holds a different level of volatility, a stop loss can be set using this indicator rather than via a ratio 2:1, etc. e.g. 2 X Volatility Value = S/L...
- This indicator averages the bodies of candlesticks over a default length of 14 periods. It also considers the length of shadows via a weighted average....
Shadow/Wick Moving Average
- Moving Average comparing top and bottom Shadow / Wick length
- Shadows represent price levels that have been hit, but did not close
- Not an all-purpose, all-in-one indicator for entry and exit
- Used as a visual aid to better understand price movement. For example. if price is bearish, but the Shadow MA is showing high, positive...
![BTCUSDT: Wick-off Check Moving Average [Misu]](https://s3.tradingview.com/n/NBRO3jSQ_mid.png "Wick-off Check Moving Average [Misu]")
