Titan Wick Zone Indicator

3 ago

The Titan Wick Zone Indicator visually highlights the upper and lower wick regions of each candlestick on your chart, helping traders instantly identify areas where price was aggressively rejected (top wick) or absorbed (bottom wick). The indicator fills the area above the candle body to the wick high in red (sell zone), and the area below the candle body to the wick low in green (buy zone), both with adjustable opacity for clear visibility.

How to Use:

Spot Rejection and Absorption:

The red-filled upper wick zone marks where upward price moves were sharply rejected by sellers, often indicating supply, resistance, or “stop hunt” zones.

The green-filled lower wick zone marks where downward price moves were absorbed by buyers, pointing to potential demand, support, or accumulation zones.

Enhance Price Action Analysis:

Use these zones to avoid entering trades at price extremes, spot potential reversals, and find areas of confluence with support/resistance, Fibonacci levels, or order blocks.

Risk Management:

The indicator helps visualize where liquidity hunts or false breakouts may occur, so you can better place stop losses outside of volatile wick zones.

Ideal For:
Price action traders, scalpers, and swing traders seeking a visual edge in spotting supply/demand dynamics, liquidity zones, and wick-driven traps.

3 ago

Note di rilascio

The Titan Wick Zone Indicator visually highlights the upper and lower wick regions of each candlestick, helping traders instantly spot where price was aggressively rejected (top wick) or absorbed (bottom wick). The indicator fills the area above the candle body to the wick high in red (sell zone) and the area below the body to the wick low in green (buy zone), both with adjustable opacity for clear visibility.

New Feature:
For every candle, Titan now displays a percentage number above the upper wick and below the lower wick. These numbers show exactly how far price wicked above or below the body, measured as a percentage.

The top label quantifies the percent move from the body to the wick high (how much higher price moved before sellers took control).

The bottom label shows the percent move from the body to the wick low (how much lower price dropped before buyers stepped in).

How to Use:

Spot Rejection and Absorption:

Large red wick zones and high top percentage labels highlight major rejections and likely resistance or “stop hunt” areas.

Large green wick zones and high bottom percentage labels reveal strong absorption, demand, or stop sweeps at support.

Quantify Extremes:

The new percent labels let you quickly scan for candles with unusually large wicks, helping you identify high-volatility, liquidity-grab, or reversal setups.

Trade With More Data:

Use these zones and numbers together to avoid entering at extremes, refine stop placement, and spot where significant supply or demand entered the market.

Ideal For:
Price action traders, scalpers, and swing traders who want a visual and quantitative edge in spotting supply/demand dynamics, liquidity zones, and wick-driven traps.

3 ago

Note di rilascio

Description:
The Titan Wick Zone Indicator visually highlights the upper and lower wick regions of each candlestick, helping traders instantly spot where price was aggressively rejected (top wick) or absorbed (bottom wick). The indicator fills the area above the candle body to the wick high in red (sell zone) and the area below the body to the wick low in green (buy zone), both with adjustable opacity for clear visibility.

New Feature:
For every candle, Titan now displays a percentage number above the upper wick and below the lower wick. These numbers show exactly how far price wicked above or below the body, measured as a percentage.

The top label quantifies the percent move from the body to the wick high (how much higher price moved before sellers took control).

The bottom label shows the percent move from the body to the wick low (how much lower price dropped before buyers stepped in).

How to Use:

Spot Rejection and Absorption:

Large red wick zones and high top percentage labels highlight major rejections and likely resistance or “stop hunt” areas.

Large green wick zones and high bottom percentage labels reveal strong absorption, demand, or stop sweeps at support.

Quantify Extremes:

The new percent labels let you quickly scan for candles with unusually large wicks, helping you identify high-volatility, liquidity-grab, or reversal setups.

Trade With More Data:

Use these zones and numbers together to avoid entering at extremes, refine stop placement, and spot where significant supply or demand entered the market.

Ideal For:
Price action traders, scalpers, and swing traders who want a visual and quantitative edge in spotting supply/demand dynamics, liquidity zones, and wick-driven traps.