Levels, VWAP and volume profile

VWAP reclaim

5m, intraday

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: price spends time below the session VWAP.
Trigger: a 5m candle closes back above VWAP.
Confirmation: the next pullback holds above VWAP and makes a higher low.
Entry: when price breaks the high of the candle that made that higher low.
Stop: under the higher low.
Target: the high of the day, or 2R if that's closer.
Shorts are the mirror image: lose VWAP, fail the retest from below.
On the chart: the VWAP indicator must be visible.

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: price spends time below the session VWAP”. 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.