PROTECTED SOURCE SCRIPT

Wick Fear Projection

50
This indicator focuses on trend quality, not just direction.

It combines HAP ARS momentum, wick-based EMA pressure, and a forward projection to reveal whether price movement is supported or blocked by market stress.

🔹 Core Logic

HAP ARS measures directional momentum based on candle body behavior, filtering indecision.

Wick EMA is calculated from upper and lower wicks and smoothed with EMA to represent hidden buying/selling pressure.

When HAP ARS direction and Wick EMA slope are parallel, the trend is considered healthy.

When they diverge, it signals weak continuation, exhaustion, or fake moves.

🔹 Parallel Projection

The Wick EMA is projected slightly forward based on its current slope.

This projection answers a simple question:

If current pressure continues, where will it block or support price next?

It is not a straight line, but a slope-aware extension.

🔹 Smart Filtering

To avoid noise:

A minimum slope threshold filters flat-market signals

A strength multiplier removes weak or accidental alignments

Only meaningful parallel structures remain.

🔹 What It Helps You See

Trend continuation vs. hidden resistance

Fake candles driven by wicks

Healthy pullbacks inside strong trends

Early signs of pressure before price reacts

🔹 Best Use Cases

Trend-following entries

Pullback confirmation

Breakout validation

Combined with ADX, RSI, or volatility tools

면책사항

해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.