Why It Works

Wick Slicer IQ isn't reinventing the wheel - it's simply using advancements in technology to improve and capitalize on a traditional trading concept.

Extreme deviations in price usually result in one of two things: a breakout or a reversion. Historically breakouts operate on a lower percentage likelihood with strong profit potential. Reversions operate on a high percentage likelihood with lower profit potential. Reversion strategies are "correct" more often than breakout strategies, and that's what Wick Slicer IQ exploits.

The above illustration demonstrates Wick Slicer IQ's premise. Extreme deviations from a bar's open are traded. For this image, blue arrows titled "L" are long entries, red arrows titled "S" are short entries, and purple arrows are exited trades.