ICT and Smart Money
Sweep + CHoCH (Smart Money Concepts)
5m entries, 1H bias
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
- Bias: 1H structure. Higher highs and higher lows means longs only; lower highs and lower lows means shorts only.
- First: price sweeps liquidity against the bias, such as equal lows or a session low for longs.
- Then: a change of character (CHoCH). For longs, a strong candle closes above the most recent lower high on the 5m.
- Entry: a retrace into the order block (the last down candle before the move up) or the FVG left by the break.
- Stop: below the sweep low.
- Target: the next obvious high (liquidity resting above it). At least 2R.
- On the chart: swing highs and lows visible. Labelled BOS/CHoCH helps if your platform draws them.
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 “Bias: 1H structure. Higher highs and higher lows means longs only; lower highs and lower lows means shorts only”. 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.