# Wick Pressure

Buys when bullish wick pressure is detected and sells short when bearish wick pressure is detected, using ATR and RSI filters.

Canonical: https://prismaticalgos.com/compendium/algo/2194-wick-pressure
Record ID: 2194
Catalog rank: 2634 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Mean Reversion & Counter-Trend (B)
Source: https://www.prorealcode.com/topic/help-with-strategy-with-wick-pressure/
Evidence label (unverified): source_code

## Scope and limitations

These are machine-extracted research records, not verified trading systems. Catalog rank measures specification detail and claimed evidence, not profitability. The catalog extraction pipeline did not independently backtest these records. Its separate selected testing ledger does not validate the wider corpus. Rules, labels and parameters can be incomplete or wrong; consult the original source and its reuse terms.

No endorsement, ownership claim or source-code reuse permission is implied.

## Extraction warnings

No automated warnings recorded; this is not validation.

## Recorded profile

- symbols: any
- timeframes: any
- sessions: any
- market_regime: trending|ranging|volatile

## Indicators

- RSI: {"period": 14}; applied to: close
- AverageTrueRange: {"period": 14}; applied to: close

## Recorded long-entry rules

- rsi[14](close) < 40 or rsi[14](close)[1] < 40 or rsi[14](close)[2] < 40
- low <= lc3 and low[1] <= lc3 and low[2] <= lc3 and open >= lc3 and open[1] >= lc3 and open[2] >= lc3 and lc3 - ll3 > (0.7 * AverageTrueRange[14](close)) and close > open

## Recorded short-entry rules

- rsi[14](close) > 60 or rsi[14](close)[1] > 60 or rsi[14](close)[2] > 60
- high >= hc3 and high[1] >= hc3 and high[2] >= hc3 and open <= hc3 and open[1] <= hc3 and open[2] <= hc3 and hh3 - hc3 > (0.7 * AverageTrueRange[14](close)) and close < open

## Recorded exit rules

- Not specified.

## Recorded filters

- ATR filter
- RSI filter

## Risk controls

- Stop loss: 10
- Take profit: none
- Position sizing: 1 contract