No Wick Trading Strategy

Discover the No Wick Trading Strategy, a mechanical price action method for Forex & Futures. Identify no-wick candles in trends and enter with a 1:1 risk-reward

Published · Updated · Methodology: Price Action

  • Methodology: Price Action
  • Content type: strategy
  • Timeframes: 15 minutes (Forex), 5 minutes (Futures), higher time frame (Futures)
  • Markets: Forex, Futures

Source video

Decoded from: Watch Me Live Backtest My 85% WR No Wick Trading Strategy (Part Two) by omarnowick — watch the original

Key timestamps:

  • 0:00 - Introduction to the strategy's philosophy
  • 2:58 - Bullish entry rules explained
  • 3:29 - Bearish entry rules explained
  • 3:59 - Timeframes and markets
  • 5:46 - Additional rule: price must return within 10 candles
  • 10:48 - Discussion on win rate and simplicity

Topics

no wick trading strategy · price action strategy · forex strategy · futures trading strategy · mechanical trading · 15 minute strategy · 5 minute strategy · scalping strategy · day trading strategy · no wick forex · tradingview strategy · trading strategy · pine script

About this strategy page

This trading strategy was decoded by Strategy Decoder's AI from a public YouTube trading video and turned into a structured, reviewable specification. In the interactive app this page shows the full entry and exit logic, risk management settings, the indicators involved with their parameters, AlgoWizard-compatible logic and a Pine Script export ready for TradingView backtesting — plus an automated backtest verdict when one has been computed for this strategy.

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