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No Wick Candlestick Identifier [velquantix]

This indicator identifies candlesticks with no wicks or tiny wicks, highlighting key price levels that act as price targets. These candles often serve as magnets for price action, with price tending to return to these levels.

Features:

- Detects candles with no wicks.
- Detects candles with tiny wicks based on an adjustable margin.
- Plots horizontal lines to indicate uncovered no wick candles, marking potential price targets.
- Plots triangles to highlight historical no wick candles. (default setting is off).

This indicator helps identify key price levels where price is likely to return, providing valuable insights for setting precise price targets based on historical price action.
Candlestick AnalysisCandlestick analysis

开源脚本

本着真正的TradingView精神,此脚本的作者已将其开源,以便交易者可以理解和验证它。向作者致敬!您可以免费使用它,但在出版物中重复使用此代码受网站规则约束。 您可以收藏它以在图表上使用。

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