OPEN-SOURCE SCRIPT
Updated Wick Tick
My indicator shows the tick size of the candle wick. In the settings, you can specify how many ticks to display information on the screen.
Release Notes
Wick Tick (gajiev)Release Notes
📌 **Wick Tick (gajiev)** — a visual tool for traders who work with candle wicks and reversal zones.✅ Shows wick size (in ticks) on candles that meet all conditions:
- The wick is longer than a set tick threshold
- The candle forms a local extremum (higher/lower than neighbors)
- Text color and size are fully customizable
- Extremum filter can be turned on/off in settings
🟢 Use cases:
- Identifying trap wicks
- Creating price reaction zones
- Enhancing manual or automated strategy entries
🛡️ This script is **published as protected**, and the code is hidden.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.