PreWick

Pre-Wick Retrace Indicator

The Pre-Wick Retrace Indicator is an advanced price-action analysis tool engineered specifically for Index traders (US30 / Dow Jones) and Gold (XAUUSD) scalpers. Also works on trending pairs. It identifies high-probability institutional retest levels and prints real-time signal arrows complete with trade setups directly on your chart.

Designed to take the guesswork out of price action, this indicator scans for price exhaustion, dynamic structural support/resistance zones, and order flow continuation setups.
Adjustable Moving Average and Risk Reward to cater for Scalping, Intraday and or Swing traders.
US30 = 30M 75 EMA  
Gold = 15M 50 EMA

Complete Trade On-Screen Mapping: Automatically plots colored entry zones, precise Limit Entry lines, Stop Loss levels, and Take Profit targets with dynamic price labels.
100% Non-Repainting: Once a candle closes with a signal arrow, it is permanently locked. No disappearing signals or false retrospective historical signals.

Multi-Channel Alert System: Receive real-time alerts via MT5 Pop-ups, MT5 Mobile Push Notifications, or Email the moment a valid setup forms.

Versatile Across Timeframes: Optimized for M15 and M30 index trading, but fully adaptable to M5, H1, and higher timeframes.

Clean, Uncluttered Interface: Modern visual styling designed to keep your charts clean while delivering instant actionable trade levels.

Indicator Settings

  • InpRRRatio ( 1.5 ): Adjusts the target Risk-to-Reward ratio for calculating automatic Take Profit levels.

  • Trend Filter Sensitivity: Internal parameter to align signals with higher-timeframe momentum.

  • Zone & Structure Sensitivity: Custom inputs to fine-tune the detection depth of support/resistance regions.

  • Wick Threshold: Minimum exhaustion wick ratio needed to confirm price rejection.

Visual Customization

  • InpZoneColor: Custom background color for signal zone boxes.

  • InpLimitColor: Color for the Entry Limit Price line.

  • InpSLColor: Color for the Stop Loss level line.

  • InpTPColor: Color for the Take Profit target line.

Alert Settings

  • InpEnableAlerts : Enable or disable MT5 desktop pop-up alerts.

  • InpEnablePush : Enable or disable instant mobile notification alerts to the MetaTrader app.

  • InpEnableEmail : Enable or disable email alerts.

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