No Wick Candle Finder

"No Wick Candle Finder", is a visual that identifies and confirms candlestick patterns with no wicks—a rare but significant type of price action. Here's a breakdown of what it does, how it works, and why traders might find it useful:

This script highlights candles with no wicks and adds an extra layer of confirmation before plotting a signal.

📌 What is a No-Wick Candle?
A "no-wick" candle means:

Bullish (green) no-wick candle:

Open = Low

Close = High

Strong buying pressure from start to end of the candle.

Bearish (red) no-wick candle:

Open = High

Close = Low

Strong selling pressure throughout the candle.

These candles indicate a clear directional move with no retracement during the timeframe.


🧠 Trading Use Cases
Trend Continuation Entry: These candles can signal strong momentum continuation.

Breakout Confirmation: Often appear on breakouts—confirming strength.

Scalping or Intraday: Great for short timeframes where clean moves matter most.