ICT Daily Wick QuadrantsICT Daily Wick Quadrants - Advanced Fibonacci Level Indicator
Overview
The ICT Daily Wick Quadrants indicator is a professional-grade PulseWire 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 Indicator
Indicator
Historical & Periodic Key LevelsHistorical & Periodic Key Levels
This indicator automatically plots historical key levels (ATH/ATL) and periodic closing levels (Daily, Weekly, Monthly, Yearly). It highlights major price zones frequently used in technical and institutional trading.
Key Features:
Dynamic ATH/ATL: tracks all-time high/low with date annotation.
Periodic Closes: previous D/W/M/Y closes with directional coloring.
Adaptive Colors: green/red based on bullish or bearish close.
Full Customization: toggle visibility, colors, line width, text alignment, and label text.
Smart Label Management: prevents overlap by cycling through label styles automatically.
Usage:
Identify strong support/resistance levels.
Monitor key closing prices across multiple timeframes.
Enhance swing trading and long-term analysis with institutional reference levels.
Inputs:
Levels Visibility: show/hide ATH, ATL, and periodic closes.
ATH/ATL Style Settings: line colors, label prefix, width, and text alignment.
Periodic Levels Style: label text (D/W/M/Y), line width, alignment, and bullish/bearish colors.
Notes:
Levels adjust automatically to the active chart timeframe.
Lower timeframe levels are hidden when redundant (e.g., daily close on daily chart).
Indicator
52 Week High/Low FibonacciThe primary purpose of this indicator is to calculate and plot the 52-week high and low prices along with the Fibonacci retracement levels on the price chart. Fibonacci levels are commonly used in trading to identify potential support, resistance, and price reversal points.
First, the script initializes the Fibonacci levels and their corresponding colors, which will be used to plot the levels on the chart. Next, it calculates the 52-week high and low prices by finding the highest and lowest prices over the last 252 trading days, approximately equivalent to one year. Then, it identifies the overall trend direction by comparing the number of bars since the highest high and the lowest low. If the highest high is more recent, the trend is considered downwards; if the lowest low is more recent, the trend is upwards.
The script then plots the Fibonacci retracement levels on the chart, using horizontal lines at the respective price levels. It also creates labels for each level, displaying the percentage and the price value. Additionally, it draws a line connecting the 52-week high and low prices, providing a visual representation of the price range during the 52-week period.
Pros of this indicator include:
-Automatic calculation and plotting of Fibonacci levels, saving time for traders
-Clear trend identification based on 52-week high and low prices
-Visually appealing and easy-to-read chart representation with color-coded levels
-Provides insight into potential price reversal areas based on widely used Fibonacci levels
Cons of this indicator include:
-Only works on daily timeframes, limiting its usefulness for intraday and weekly traders
-Assumes that the trend will continue in the same direction, which may not always be accurate in real-world markets
-Does not provide explicit buy or sell signals, leaving the trading decision-making process up to the trader
-Solely relies on Fibonacci levels, which may not always be accurate; it is recommended to use other technical indicators or strategies alongside this indicator for a comprehensive trading approach
In conclusion, the '52 Week High Low Fibonacci' indicator is a valuable tool for traders interested in using Fibonacci levels for identifying potential price reversal points. By automatically calculating and plotting these levels based on 52-week high and low prices, the indicator provides a clear, color-coded visual aid, which can be especially helpful for traders who base their strategies on these levels.
However, it's worth noting that this indicator is limited to daily timeframes and doesn't provide explicit buy or sell signals, requiring traders to incorporate their own analysis and judgement in their decision-making process. The indicator also operates on the assumption of trend continuation, which may not always hold true.
While it's a beneficial tool, relying solely on this indicator for trading decisions may not be advisable. It's best used in conjunction with other indicators and trading strategies, providing a more balanced and comprehensive approach to trading in the financial markets. As always, risk management should be a key part of any trading strategy.
**YOUR INSIGHTFUL FEEDBACK OR SUGGESTIONS FOR REVISIONS TO THIS CODE ARE HIGHLY APPRECIATED. PLEASE FEEL FREE TO SHARE YOUR THOUGHTS TO FOSTER ITS CONTINUAL IMPROVEMENT** Indicator
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[MF] Auto Fibonacci LevelsDescription:
Automatically draw Fibonacci Pivot levels based on the previous (day's, week's or month's)
Range ( High-Low ). The HLC3 is used as the default Pivot level.
Unlike the "Auto Fibonacci Levels", this variation does not update
Levels on current day even if the price goes past the R3/S3 levels.
Timeframes: 1D, 1W, 1M
Range = (High - Low) - From previous Day, Week or month.
FIB LEVELS:
- Yellow = Pivot and Pivot Zone (HLC3 by default)
- red = R1,S1 Levels 0.236 * Range
- Green = R2,S2 Levels 0.368 * Range
- Lime = R3,S3 Levels 0.618 * Range
- Blue = R4,S4 Levels 0.786 * Range
- Gray = R5,S5 Levels 1.000 * Range
- Lime = R6,S6 Levels 1.236 * Range
- Red = R7,S7 Levels 1.382 * Range
- Blue = R8,S8 Levels 1.618 * Range
- Green = R9,S9 Levels 2.000 * Range
CLASSIC LEVELS:
- Yellow = Pivot and Pivot Zone (HLC3)
- Green = R1,S1 Levels (Pivot*2 - Low), (Pivot*2 - High)
- Lime = R2,S2 Levels ( Pivot + Range), ( Pivot - Range)
- Lime = R3,S3 Levels (High + 2*( Pivot - Low)), (Low - 2*(High - Pivot ))
- Blue = R4,S4 Levels (High + 3*( Pivot - Low)), (Low - 3*(High - Pivot ))
Refrences:
- Auto Daily Fib Levels R3.0 by JustUncleL
- Auto Fib by TheYangGuizi
- Monthly Dynamic Range Levels (Fibonaci) V0 by RicardoSantos
Modifications:
- Added next FIB Levels. (changes during the current cycle)
- Added FIB 0.236 Levels
- Added Option to change the colors of the Fib Levels
- Changed Default colors to the colors of Tradingview
- Upgraded to Version4 Pinescript Indicator
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Strategy
Simple and efficient PSAR swing strategyThis is a strategy build inside pulsewire, which I found it works great with swing/position trading.
It works based on parabolic sar indicator, when indicator is below the candle, is an uptrend and when its its above is a downtrend.
At the same time it's very nice, because it has a sort of stop loss which is dynamic, because it triggers when candle crosses with indicator, so you dont have to worry about stop loss or take profit .
The key here of course, is going to be the risk management, if you want to success with it, never trade more than 2% of you capital, and if you want you can always apply a rule inside the code to close all position if x % amount of equity was going down, although I recommend have patience and let the system do its job.
I recommend this strategy to be used with charts like 1 day or 1 week. If you need and want I can convert it to an indicator that uses alerts (although with strategy as well can be made to send alerts).
PS. When you add this strategy on chart, inside is has different versions, if you use first version(1), it uses the system I explain above. If you use the last one, its based on risk management when the stop loss is the difference between psar and the candle, but it still needs some adjustments to make.
Overall first one is atm much more profitable, but I believe that the version with risk management can be much better, but it need much more adjustments to make which I dont have the time at the moment for it.
Enjoy it . Strategy
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