Simple script showing candles missing an upper or downer wick. As candles tend to have a low and a high, they will most certainly form wicks. It is rare to have wickless candles on longer time frames, so it's more relevant on 1h and above.
What can you do about it?
If you see for example a Bitcoin 4h candle that hasn't form two wicks yet, there are high chances that the missing wick will be formed at one point or another, therefore you could take a trade in the direction of the missing wick. You can set alerts on wickless candles if needed.
Release Notes
⋅
Added text box where you can see statistics on wickless candles, such as the percentage of wickless candles, and total number of candles, for bullish and bearish candles.
Release Notes
⋅
Corrected some typos in the label box.
Release Notes
⋅
Now showing only candles that have no wicks from the opening of the candle.
Hi xGhozt, thanks for sharing! I can't seem to get the alerts to fire off on this? Have you got them working okay? Cheers
mikwik
⋅
Hi xGhozt,
Nice indicator - is possible to modify it in any way? I would like to have the ability to see only the wickless candles, that price have not yet returned to.
Cheers!
RojanKhayamali
⋅
hello bro can you provide me the script i would like to try som strategies with this one
prepperwiki
⋅
"showing only candles that have no wicks from the opening" good handy tool to catch a bullish, I being waiting for this upgrade for awhile, there also can you please give it further, we want 'candles that have no wicks from the opening' but also there is an option to exclude the 'no wicks from the closing' too
xGhozt
⋅
@prepperwiki, hi, thanks for your feedback. On this version, you shouldn't see the closing candles without wicks