No Wick Candle Identifier: MT5 indicator highlighting high-intent candles for precise entries

No Wick Candle Identifier review 2025 performance analysis begins with the core concept: identify candles that open at the extreme and therefore lack a wick on one side. This review evaluates the No Wick Candle Identifier on live MT5 data, measuring hit rates, average profit per trade, and drawdown sequences. The product aims to make price-action signals more objective by drawing attention to immediate buying or selling pressure when a candle opens at the high or low. Vishnu Bajpai designed the indicator to be lightweight and visually clear, with color-coded markers and optional alerts. What makes No Wick Candle Identifier unique is its focus on one specific, high-attention candle type rather than broad pattern recognition. The underlying algorithm scans each new bar and applies strict criteria: open equals high or open equals low, confirmation of minimal opposite wick size, and optional volume or momentum filters. This results in concentrated signals that tend to occur at momentum bursts, breakouts, or rapid reversals. In practice, the indicator performs best on trending sessions and during marked liquidity transitions, including London and New York overlaps. Risk management is left to the trader but the indicator encourages tight stops beyond the extreme and measured position sizing because signals can be volatile. Expected performance characteristics include moderate win rates with favorable reward-to-risk ratios when entries are timed on pullbacks to the identified candle. Overall, No Wick Candle Identifier is a specialist tool that integrates with MT5 strategies to sharpen entry timing and reduce subjective judgment.