xGhozt Wickless Candles

19 gen 2022

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.

22 gen 2022

Note di rilascio

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.

23 gen 2022

Note di rilascio

Corrected some typos in the label box.

31 lug 2022

Note di rilascio

Now showing only candles that have no wicks from the opening of the candle.

29 giu

Note di rilascio

New info box, UI improvements.

Pine v5