ICT and Smart Money

Optimal trade entry (OTE)

5m–15m

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

First: a strong move (displacement) that breaks structure.
Draw a Fibonacci retracement on that move.
Entry: in the 62%–79% retracement zone, ideally near 70.5%, in discount for longs and premium for shorts.
Stop: beyond the 100% level (the start of the move).
Targets: the move's high or low first, then the −0.27 and −0.62 extensions.
On the chart: the whole move from its start to its end.

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 “First: a strong move (displacement) that breaks structure”. 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.