WT - Tick Run Bars (TRB) is an indicator designed for market microstructure analysis that detects directional persistence in trading flow. It identifies when one-sided market pressure exceeds expected levels, revealing institutional order execution tactics such as order slicing, iceberg orders, and coordinated trading activity. The indicator separately measures the length of buy-run and sell-run volumes, comparing them to dynamic thresholds based on historical probabilities and average volumes. When these directional runs surpass expectations, a new TRB bar is generated, highlighting phases of aggressive order flow.

Key features include real-time visualization of run lengths versus expected thresholds, separate tracking of buy and sell dominance, candle coloring by TRB membership to indicate order execution phases, and a minimum volume filter to focus on significant institutional activity. The indicator also provides dashboard metrics for run intensity and one-sidedness ratio, with configurable parameters adapted to instrument volatility.

TRB supports analysis across various markets and symbols, including Forex, stocks, commodities, indices, and cryptocurrencies such as BTCUSD, EURUSD, GBPUSD, and XAUUSD. It is intended to help traders identify institutional participation in real-time, detect hidden liquidity patterns, distinguish coordinated trading from noise, and time entries and exits during significant market activity.