WickSniper Pro – Precision Reversal Indicator for Smart Traders
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WickSniper Pro is a powerful **non-repainting** price action indicator that detects **inside bar breakout reversals** with sniper-like accuracy. Whether you're a scalper, swing trader, or day trader, WickSniper Pro helps you catch high-probability turning points in the market using clean, intuitive signals.
Key Features
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- 🔁 Non-Repainting – Once a signal prints, it stays.
- 🔍 Detects Inside Bar Breakout patterns automatically.
- 🟢 Bullish and 🔴 Bearish arrows placed with precision.
- 🔔 Customizable Alerts for new reversal signals.
- 📉 Clean chart design – no clutter, just pure price action.
- 🧠 Built on classic candle pattern logic – no lagging indicators.
- 📊 Ideal for trend reversals, breakouts, and range markets.
Input Parameters
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| Parameter | Description |
|------------------|-------------|
| Enable_Alerts | Toggle alert popups for every new signal. |
| Lookback | Number of bars to look back for valid patterns. |
| SignalSpacing | Minimum bar gap between two signals. |
| ArrowSpacing | Distance (in points) from candle to arrow. |
How It Works – Precision Engineered Price Action Logic
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WickSniper Pro harnesses an advanced **multi-candle pattern recognition algorithm** to scan the chart in real-time and isolate high-probability **liquidity reversal zones**. The engine focuses on a **3-phase market structure** to detect momentum shifts before they become obvious to the masses.
### Core Signal Logic:
1. **Phase 1 – The Mother Candle**
A high-range anchor candle that defines the short-term volatility envelope. This forms the "control zone" for future price action.
2. **Phase 2 – The Inside Bar Trap**
A low-volatility consolidation candle that sits entirely within the range of the mother bar, signaling **indecision and order compression**.
3. **Phase 3 – The Breakout Confirmation**
A decisive momentum candle that **violently breaks** above or below the mother bar’s range, triggering a **directional bias shift**.
💡 When the breakout candle closes beyond the mother range:
- 🟢 Bullish Signal → Market breaks upward, indicating a possible **bullish liquidity sweep** and trend reversal.
- 🔴 Bearish Signal → Market breaks downward, suggesting a **bearish engulfment trap** and potential momentum drop.
WickSniper Pro filters out noise and delivers **pure price action intelligence** directly on your chart — no lag, no repainting, just precise trade timing built on institutional-grade logic.
Best For
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- Timeframes: M15 to H4
- Pairs: Forex, Crypto, Indices, Commodities
- Traders who value clean, high-confidence price action signals
Final Note
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🚀 Strike the market with sniper precision — trade with WickSniper Pro!
Thank you for this free indicator. I have been using it on a £15000 prop firm account for over two weeks. This indicator can be very reliable if closely monitored. The alert is a very good feature as I personally find it very accurate. With good experience, this can be very profitable.