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No-Wick Extreme Bot – Tops & Bottoms
No-Wick ExtremBot – Tops & Bottoms
A high-precision reversal detector for true market extremes.
No-Wick ExtremBot is designed to catch highly accurate market turning points by combining strict candle structure logic with RSI exhaustion levels and ATR-based retest validation.
Unlike conventional indicators that flood your chart with noise, this tool focuses on one thing: spotting clean, no-wick reversal setups where price shows clear momentum exhaustion and is ready to reverse.
🧠 How it works:
No-Wick Candle Detection
• Bullish signal: candle closes above open, with almost no lower wick
• Bearish signal: candle closes below open, with almost no upper wick
• Wick sensitivity is adjustable via “Wick-Tolerance (%)”
RSI Confirmation
• Long signals require RSI below your defined “BUY level”
• Short signals require RSI above your defined “SELL level”
Retest Validation
• After a no-wick setup is detected, price must retest that exact wick level
• This filters out weak impulses and confirms true exhaustion zones
Final Signal = No-Wick + RSI Extreme + Retest
• When all 3 conditions align → a BUY or SELL label appears
• ATR is used to space the signal label from price for better visibility
⚙️ Custom Settings:
• Wick Tolerance (%)
• RSI Length & Thresholds
• ATR Length for spacing
✅ Key Benefits:
• Detects market tops and bottoms with minimal lag
• Eliminates noise – shows only high-quality reversals
• Works across all timeframes and markets
• Visual, easy-to-read signals directly on the chart
• Highly effective for scalping, swing entries, and liquidity traps
A high-precision reversal detector for true market extremes.
No-Wick ExtremBot is designed to catch highly accurate market turning points by combining strict candle structure logic with RSI exhaustion levels and ATR-based retest validation.
Unlike conventional indicators that flood your chart with noise, this tool focuses on one thing: spotting clean, no-wick reversal setups where price shows clear momentum exhaustion and is ready to reverse.
🧠 How it works:
No-Wick Candle Detection
• Bullish signal: candle closes above open, with almost no lower wick
• Bearish signal: candle closes below open, with almost no upper wick
• Wick sensitivity is adjustable via “Wick-Tolerance (%)”
RSI Confirmation
• Long signals require RSI below your defined “BUY level”
• Short signals require RSI above your defined “SELL level”
Retest Validation
• After a no-wick setup is detected, price must retest that exact wick level
• This filters out weak impulses and confirms true exhaustion zones
Final Signal = No-Wick + RSI Extreme + Retest
• When all 3 conditions align → a BUY or SELL label appears
• ATR is used to space the signal label from price for better visibility
⚙️ Custom Settings:
• Wick Tolerance (%)
• RSI Length & Thresholds
• ATR Length for spacing
✅ Key Benefits:
• Detects market tops and bottoms with minimal lag
• Eliminates noise – shows only high-quality reversals
• Works across all timeframes and markets
• Visual, easy-to-read signals directly on the chart
• Highly effective for scalping, swing entries, and liquidity traps
Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarlo liberamente e senza alcuna limitazione – per saperne di più clicca qui.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarlo liberamente e senza alcuna limitazione – per saperne di più clicca qui.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.