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No Wick Alert (Close Only)

No Wick Alert (Close Only) is a simple and lightweight indicator that identifies candles that close with no upper wick or no lower wick and allows traders to create TradingView alerts based on these events.

The signal is only generated after the candle has closed, preventing false alerts during candle formation.

Features

Detects candles with no upper wick
Detects candles with no lower wick
Signals are confirmed only at bar close
Supports TradingView alert creation
Visual markers plotted directly on the chart
Works on any market and timeframe

Why Use No-Wick Candles?

Candles without a wick often indicate strong directional conviction:

No Upper Wick → Buyers maintained control until the close.
No Lower Wick → Sellers maintained control until the close.

Many traders use these candles as:

Momentum confirmation signals
Trend continuation clues
Breakout confirmation tools
Additional filters within a broader trading strategy

Alert Setup

Add the indicator to your chart.
Click Create Alert.
Select No Wick Candle Closed as the alert condition.
Choose Once Per Bar Close for best results.

The alert will only trigger after a candle has fully closed and meets the no-wick condition.

Notes

A candle is considered to have no upper wick when the high equals the higher value of the open or close.
A candle is considered to have no lower wick when the low equals the lower value of the open or close.
The indicator does not repaint because signals are confirmed only after bar close.

This tool is designed to provide a clean and objective way to identify strong closing candles and incorporate them into your trading workflow.

오픈 소스 스크립트

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AndyKat68

면책사항

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오픈 소스 스크립트

AndyKat68