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Wickless Candles detector - [STRATTON]

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This TradingView indicator is designed to automatically identify wickless candles and draw horizontal lines from their price levels.

Key Features 📈📉
  • Automatic Detection: The script identifies several types of wickless candles:
  • Bullish Candles: Those with no upper wick, no lower wick, or that are completely wickless.
  • Bearish Candles: Those with no upper wick, no lower wick, or that are completely wickless.
  • Wickless Doji: A very rare case where the open, close, high, and low are all identical.


Level Plotting: A line is automatically drawn from the corresponding price level (the high or low of the wickless part of the candle). These lines can serve as a reference for future price interactions.

Dynamic Line Management: By default, when a line is touched by the price of a subsequent candle, it is automatically deleted from the chart. This helps keep the chart clean by showing only "active" levels that have not yet been tested.

Integrated Alert System: You can set up alerts in TradingView to be notified in real-time as soon as any type of wickless candle is detected on the chart.

Customizable Settings ⚙️
The indicator offers great flexibility through its numerous settings:
Colors: Fully customize the line colors for bullish (default green), bearish (default red), and doji (default yellow) candles.

Line Appearance:
  • Style: Choose between solid, dashed, or dotted lines.
  • Width: Adjust the line width for better visibility.
  • Extension: Lines can extend indefinitely to the right (Extended Lines) or have a fixed length that you can define (Line Length).


Line Behavior:
Keep Touched Lines: If this option is enabled, instead of being deleted, lines will stop at the point where the price touched them, leaving a visual record of tested levels.

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By Stratton, for traders, by traders !
הערות שחרור
This TradingView indicator is designed to automatically identify wickless candles and draw horizontal lines from their price levels.

Key Features 📈📉
- Automatic Detection: The script identifies several types of wickless candles:
- Bullish Candles: Those with no upper wick, no lower wick, or that are completely wickless.
- Bearish Candles: Those with no upper wick, no lower wick, or that are completely wickless.
- Wickless Doji: A very rare case where the open, close, high, and low are all identical.

Level Plotting: A line is automatically drawn from the corresponding price level (the high or low of the wickless part of the candle). These lines can serve as a reference for future price interactions.

Dynamic Line Management: By default, when a line is touched by the price of a subsequent candle, it is automatically deleted from the chart. This helps keep the chart clean by showing only "active" levels that have not yet been tested.

Integrated Alert System: You can set up alerts in TradingView to be notified in real-time as soon as any type of wickless candle is detected on the chart.

Customizable Settings ⚙️
The indicator offers great flexibility through its numerous settings:
Colors: Fully customize the line colors for bullish (default green), bearish (default red), and doji (default yellow) candles.

Line Appearance:
- Style: Choose between solid, dashed, or dotted lines.
- Width: Adjust the line width for better visibility.
- Extension: Lines can extend indefinitely to the right (Extended Lines) or have a fixed length that you can define (Line Length).

Line Behavior:
- Keep Touched Lines: If this option is enabled, instead of being deleted, lines will stop at the point where the price touched them, leaving a visual record of tested levels.

---

By Stratton, for traders, by traders !
הערות שחרור
  • Update indicator name
הערות שחרור
- data update
הערות שחרור
- preview graph update

כתב ויתור

המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.