ICT and Smart Money

Candle Range Theory (CRT)

1H or 4H range, 5m–15m entries

The rules, in plain English. Ask Wicky “Is my setup here?” and it checks each one on your chart, says what’s still missing, and draws your levels.

The rules

Range: the high and low of one higher-timeframe candle (1H, 4H or daily).
First: the next candle trades past one end of that range and closes back inside it.
Trigger: on the lower timeframe, a market structure shift or fair value gap back into the range.
Entry: on that trigger.
Stop: beyond the wick that went outside the range.
Target: the range's 50% first, then the opposite end.
On the chart: the range candle's high and low marked (or the higher-timeframe candles visible), and the lower-timeframe entry.

Try this setup on your chart ›Wicky for Mac

How Wicky checks it

Hold ⌃⌥ over your chart and ask. Wicky reads the chart on your screen, on any platform, and checks every rule above, starting with “Range: the high and low of one higher-timeframe candle (1H, 4H or daily)”. Then it answers out loud: not yet, and what you’re still waiting for, or your entry, stop and target with the risk-to-reward, drawn on your chart and locked to it as you scroll.

Trade it a little differently? Change any rule, or write your own in plain English. Wicky checks your version, not a textbook’s.

Wicky checks your own rules. It doesn’t tell you to buy or sell, doesn’t predict price and never places trades. Trading involves substantial risk of loss. ICT and Smart Money Concepts are named to describe setups; Wicky isn’t affiliated with their authors.