Wick Probe
Measures how far candles have been poking above their own close.
- Contract
- Touch/No Touch
- Default market
- Volatility 100 Index
- Pace
- Quick entries
How it works
- A candle’s upper wick is the part of the minute price reached and then gave back.
- Most contracts settle on where price finished, so the wick does not matter to them.
- A Touch contract settles on where price reached, so the wick is exactly the event it pays on.
- The bot averages the wick above the body across recent completed candles.
- Wicks reaching about as far as the barrier buy Touch, and shorter ones buy No Touch.
- Reads the upper wick only
- Compared to the barrier
- Buys either side
- Loss cooldown
- Martingale with cap
Staking
It ships with a 2.1x martingale, sized to win back a losing run of up to 3 trades inside its stop loss, with a max stake of 5. Untick Use martingale on its card to stake the same amount on every trade.
Settings
Every number here can be changed on the card before you press Run bot.
Contract
| Setting | Default | Range |
|---|---|---|
| Duration (ticks)How many ticks each contract runs for. | 5 | 1–10 |
| Barrier offsetHow far above the entry spot the barrier sits. The wicks are measured against this. | 0.2 | 0.1–20 |
Entry rules
| Setting | Default | Range |
|---|---|---|
| Candles readHow many completed candles the average wick is taken over. | 5 | 2–50 |
| Probe ratioHow much of the barrier distance the average wick must cover before Touch is bought. | 0.8 | 0.2–3 |
| Cooldown after a loss (ticks)The bot sits out this many ticks after a losing trade before it looks for a new entry. | 2 | 0–50 |
Stake progression
| Setting | Default | Range |
|---|---|---|
| Initial stakeThe amount staked on the first trade of each sequence. | 1 | 0.35–1,000 |
| Martingale multiplier1 keeps the stake flat. Above 1 multiplies the stake after each loss. | 2.1 | 1–5 |
| Max stakeIf the progression pushes the stake past this, it resets to the initial stake. | 5 | 0.35–5,000 |
Session limits
| Setting | Default | Range |
|---|---|---|
| Take profitStops the bot once session profit reaches this. | 10 | 1–100,000 |
| Stop lossStops the bot once session loss reaches this. | 10 | 1–100,000 |
| Max losses in a rowStops the bot after this many consecutive losses. | 4 | 1–20 |
Run Wick Probe free.
Sign in with Deriv and start on your demo balance. Every number on a bot can be changed before you press Run bot.
Open this botMore Touch / No Touch bots
- Band StretchWaits for price to break out of its own volatility channel, then bets on the barrier.
- Candle ReachAsks whether recent candles have been ranging far enough to reach the barrier at all.
- Climb Rate TouchWorks out how far the current trend would carry price before the contract ends.
- High Water TouchCounts how often price has actually reached the barrier distance in the recent past.
- Range Position TouchLooks at where price sits between its recent high and low.
- RSI Barrier PushBuys Touch only when RSI and a moving average agree on which way price is being pushed.
- Run To BarrierWaits for a run of ticks all moving the same way, then trades with it.
- Settled No TouchOnly ever buys No Touch, and only once the market has genuinely settled.
- Touch HunterBuys Touch when the market is covering ground, and No Touch when it has gone quiet.