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WAVE 2 RELEASE 🌊 Beauty is in the eye of the beholder—you!

June 5, 2025 by tikitrade

Better bars

New member Richard kicked off this release cycle off with a request to improve bar painting, and we agreed it’s a great idea. Most indicators now feature improved paint bar coloring, including a faded color effect when a bar moves against the prevailing trend (e.g., faded for down bars in a bullish trend).

rsi indicator showing painted bars on top
Tiki RSI with painted bars enabled on RSI vs RSI average

This visual enhancement makes trend reversals and momentum shifts easier to spot at a glance. Thanks Richard! Your suggestion improves Tikitrade for everyone, mucho mahalos.

Lovely labels

Next we had a request from Igor, another new member who echoed something we have been wanting to do—label options! The OHLC Session and MTF indicators received updates to their label drawing logic, including support for custom offsets and plot extensions.

OHLC MTF indicator on daily timeframe showing a new customizable label format

These improvements lay the groundwork for more flexible and visually consistent label placement across all indicators, but we need your feedback. Please let us know your thoughts and we’ll work to add enhanced labels to all our other indicators for our next release.

Custom colors

While Tikitrade’s tropical teal and magenta colors set an island 🏝️ vibe, at Tikitrade you’re steering the ship. We invite you to decorate your Tikitrade experience with our new color customization feature!

Before

After

Set up your tiki.js file in minutes with our guide—no tech skills needed. Personalized colors can reflect your style, boost your focus, and speed up decisions, helping you stay sharp and act fast.

Wick Test indicator

Finally, we made an indicator based on a setup we learned about from futures Youtube streamer Matt called the Wick Test. Instantly spot this setup using a combo of wick and engulfing logic, and capitalize on rapid reversals and retests for scalp trades with clear, tight stops.

Chart with a profitable setup from the new Wick Test indicator

👉 This is our first “setup” based indicator—a signal with a clear entry, stop and target. If you have more setup ideas, let us know, it could be a unique and exciting direction to take our library.

Mahalos

Thank you for being one of our early members and helping us build the best tools in the trading seas for Tradovate and Ninjatrader Web! Please reach out if you experience any issues with this update or anything else you want to see improved. Cheers and happy trading! 🌺

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Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.

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