The Wick Report [Pro]

10월 26일

Overview
The Wick Report [Pro] visualizes how current wick development compares to long-term statistical behavior across multiple higher-timeframe candles.
It references embedded datasets to show where wick formation is historically common, rare, or unusually small for a given session or timeframe.
This provides a data-driven context for directional bias and wick-based targeting — without implying any form of prediction.

Candles that form little or no wick are statistically uncommon. The Wick Report highlights these conditions and displays their percentile rank, exceedance probability, and a derived “score” that reflects how far current wick behavior deviates from typical norms.



Key Features
• Multi-Timeframe Analysis – View wick statistics from 4H, 6H, 12H, Daily, or Weekly candles projected onto any chart.



• Wick Probabilities – Quantifies the historical likelihood of a wick extending beyond its current size.
• Percentile Mapping – Shows where each wick sits within its long-term distribution (e.g., P25 = smaller than 75 % of prior wicks).
• Score System – Automatically combines percentile and probability into a single normalized “target score” for simplified interpretation.
• Wick Modes – Choose how wick data is displayed to suit your analysis style:
  – Auto — Detects candle direction automatically and draws the statistically relevant wick (upper or lower).
  – Bullish Only — Displays only lower wicks from bullish candles.
  – Bearish Only — Displays only upper wicks from bearish candles.
  – Both — Draws both upper and lower wick zones simultaneously for full candle symmetry.




• Adaptive Visualization – Color-coded zones and dynamic labels update as higher-timeframe candles evolve.
• Threshold Filters – Optional probability or score filters to hide low-significance wicks.

About the Score
The score balances two opposing factors:
 • High probability of a wick extending further, and
 • Low percentile ranking (a smaller-than-normal wick).

A strong combination of both produces a higher score, highlighting candles where wick development is statistically most imbalanced.
The scale is purely comparative — derived from historical distributions, not forward prediction.

Target Score Rankings

• Outstanding (70 +) – Extremely rare, high-confidence zones — typically at very low percentiles with strong exceedance probability.
  
• Excellent (60–70) – High-confidence targets with clear statistical edge.
  
• Good (50–60) – Solid probability zones, reliable reference levels.
  
• Above Average (40–50) – Decent opportunities within normal ranges.
  
• Average (30–40) – Neutral zones; use additional confirmation.
  
• Below Average (20–30) – Low-confidence references.
  
• Poor (< 20) – High percentiles with low probability; statistically common and uninformative.
  

Methodology & Use
The Wick Report uses historical wick distributions to classify how current wick sizes compare to typical behavior for the same timeframe and session hour.
When a candle forms a small or missing wick, the tool reports how often that condition historically remained unchanged through the rest of the candle’s interval.
This helps identify when wick development is statistically under- or over-extended.

The data is intended for contextual reference only — for example, combining a high-score, low-percentile wick on a higher timeframe with lower-timeframe structure may provide useful directional confluence.
It does not generate trade signals or predict future movement.

Proprietary Framework
The Wick Report [Pro] uses embedded statistical datasets built from more than a decade of historical market behavior.
Each timeframe references pre-processed wick-size and exceedance distributions to display where the current wick sits within its long-term statistical range.
All computational methods and dataset structures remain proprietary.

10월 31일

릴리즈 노트

Updated embedded historical data