Levels, VWAP and volume profile

Volume profile rejection (POC, VAH, VAL)

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

Levels: the point of control (POC), the value area high and low (VAH, VAL) and low-volume nodes, the thin spots in the profile.
Setup: price comes into one of those levels from outside: down to VAL, up to VAH, or into a low-volume node.
Trigger: a rejection there: a wick through the level and a close back on the near side, or two closes that hold it.
Entry: the close of the rejection candle.
Stop: beyond the rejection wick.
Target: the POC first, then the opposite edge of value. At least 1.5R.
Skip it if: a high-volume node sits right in front of the trade; price tends to stall there.
On the chart: a volume profile (session, fixed or visible range) with its POC and value area.

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 “Levels: the point of control (POC), the value area high and low (VAH, VAL) and low-volume nodes, the thin spots in the profile”. 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.