No Wick Candles [LYFTOFF-S]

This indicator identifies "no wick" candles and labels them. Simple and effective candlestick analysis. Candles without wicks offer interesting trading opportunities, indicating severe momentum in a particular direction with no opposition. On higher timeframes, these can be consistently profitable signals for trades when paired with other technical analysis.

*LYFTOFF-S is part of the LYFTOFF strategy series, offering profitable and proven indicators that can be paired with our strategy template to automate trading.