wick CE; plot candle wick and tail midpoint lines

9 Feb 2023

-Simple little tool to plot the wick CE: an ICT concept, consequent encroachment i.e. the midpoint line of a wick or tail; it being a potentially sensitive level (depending on context).
-Wrote this to save me time drawing out fib retracement to locate the precise level of the wick CE. Example usage: show indicator, add horizontal ray over favored wick CE level, hide indicator.

~choose how many consecutive bars back to plot wick CE lines.
~choose how many bars forward to extend the wick CE lines.

24 Feb 2023

Catatan Rilis

-increased max_bars_back and max_lines_count to allow for much larger lookback

5 Mar 2023

Catatan Rilis

-added option to show candle body midlines too ('MT' = mean threshold)

13 Apr 2023

Catatan Rilis

-added optional retracement levels (75% and 25% of high-low range); default is off.
-added minimum wick size input (based on multiples of chart symbols mintick value) to filter out small wicks; (default = 1; i.e. will only filter out wick CEs where the wick is tiny or non-existent).
-added option to show chart symbol's mintick value in top right corner of chart (default off).

6 Agu 2023

Catatan Rilis

-change show current bar to default true

26 Mei

Catatan Rilis

Updated to include higher timeframe wick CE & tail CE overlayed on lower timeframe chart.
Choose between realtime display and previous completed HTF display (default).
Image shows 15min chart with Daily wick CE and tail CE levels displayed.

26 Mei

Catatan Rilis

corrections on screenshot above:
*previous trading day
*wick/tail CE levels of previous trading day

Choose from a range of higher timeframe inputs