Video summary

My 90% Win Rate No Wick Trading Strategy (Full 5 Hour Course, Everything Explained)

Main summary

Key takeaways

Finance

Finance-focused Summary (No Wick / “Noic” Trading Strategy Course)

Market / Instrument Context & Ticker Mentions

Primary instruments (forex)

  • USDJPY
  • GBPUSD
  • AUDUSD (spoken as “AUDUSD/AUD JJ”)
  • Gold (mentions “XAU…”, in gold context)

Additional mentions (validity / alternatives / comparisons)

  • NASDAQ 100 (student backstory example)
  • US30 (mentioned as works with strategy in a student example)
  • Bitcoin (mentioned as working via a student; details not fully provided)
  • Silver (mentioned as part of broader possible markets)
  • USD CAD (named as profitable for a student; author hasn’t backtested personally)
  • GBPJPY (“absolute no” / negative performance claim)
  • EURUSD and other euro pairs
    • Author says to avoid euro pairs; EUR news affects GBP

Timeframes / sessions

  • Core timeframe: 15-minute candles and above
  • Best session claimed: London, then Asia, then New York
  • Avoid rules:
    • Early Asia
    • Late New York

Indicators / data tools

  • TradingView alerts
  • Indicator: “X Ghost wickless candles” (identifies “no-wick / noic” candles)
  • News: ForexFactory.com (red/orange/yellow/gray folders)

Strategy Core (Step-by-Step Framework)

Entry Trigger

1) Determine trend structure (external + internal)

  • Identify external and internal trends using:
    • Higher-highs / higher-lows
    • Lower-highs / lower-lows

2) Detect “no-wick / noic” candles via indicator

  • Bullish noic candle
    • Candle closes up
    • Candle has no bottom wick
  • Bearish noic candle
    • Candle closes down
    • Candle has no top wick

Trade Timing (Retracement Before Entry)

  • The author does not enter immediately on the candle close.
  • Instead, wait until price retraces back to the noic candle, then enter.

Order Placement (Base Rules)

Timeframe

  • 15 minutes or higher
  • Author discourages 5m/1m due to noise.

Retrace window constraint

  • Price must return to the noic candle within 10 candles
  • Otherwise, the trade is considered invalid.

Direction rules

  • Buy
    • Bullish trend + Bullish noic candle
  • Sell
    • Bearish trend + Bearish noic candle

Stop-loss (SL)

  • Buy SL: at the most recent low
    • (Author initially frames it with “most recent higher low” but later clarifies SL as most recent low.)
  • Sell SL: at the most recent high
    • (Can be described as “most recent lower high” depending on framing.)

Take-profit (TP)

  • TP is fixed at 1:1 (“one to one” R:R)
  • Optional deviations are discussed, but base method is 1:1.

Risk Control / “Breathing Room”

  • Add approximately 10% extra distance to SL to reduce stop-outs from:
    • spread
    • liquidity grabs
  • Examples:
    • 10 pips SL → 11 pips
    • 20 pips SL → 22 pips
    • 30 pips SL → 33 pips
  • TP remains 1:1 in the base method.

Trend Methodology (Structure + Reversal / CoC)

External Trend

  • Uptrend: Higher Lows (HL) and Higher Highs (HH)
  • Downtrend: Lower Highs (LH) and Lower Lows (LL)

Confirmation requirement (close-based)

  • Higher low / lower high is confirmed only after a close breaks the most recent opposite extreme:
    • Higher low confirmed after closing above the most recent high
    • Lower high confirmed after closing below the most recent low

Internal Trend

  • Internal structure can disagree with external trend during pullbacks.
  • The author treats internal trend as often faster for decisions.

Trend Reversal / Shift: Change of Character (CoC)

  • Uptrend → downtrend attempt
    • Confirmed by a close below the most recent higher low
  • Downtrend → uptrend attempt
    • Confirmed by a close above the most recent lower high

Three-step verification for a “full” shift (best win-rate goal)

  1. Closure through the key internal extreme (not wick)
  2. Respecting highs/lows
    • Price should not close back beyond the old extreme
  3. Closing through the opposite extreme
    • Break lows for uptrend → downtrend
    • Break highs for downtrend → uptrend

Imbalances (ICT “Fair Value Gaps”) — How They’re Used

  • Imbalance is treated as a gap-like price inefficiency where price leaves “space” and tends to revisit.
  • Primary role: confluence/filter, not a hard rule.
  • Caution:
    • Imbalances can attract price to your SL if SL is positioned poorly relative to the imbalance.
  • Author emphasis:
    • Avoid trades where imbalance is likely to cause a stop-out before rejection
    • Do not rely on imbalances mechanically

ABC Setup Ranking & Win-Rate Claims

  • Author claims ~90% win rate when all rules are followed and the trade is an A setup.

Setup probabilities (explicit)

  • A setup: ~90%
    • External + internal trends align (clean, continuous structure)
  • B setup: ~80%
    • Internal trend opposes external trend
    • Still traded, but cases where TP would require breaking the external trend are avoided
  • C setup: ~70%
    • A noic candle appears right after change of character
    • But before full structure confirmation
    • SL logic uses most recent high/low depending on case

Special Entry: “Omar Entry” (Early Entry)

Purpose

  • Sometimes price almost taps the noic candle but never actually touches it
  • Then price hits TP.
  • Omar entry is presented as a way to improve probability by catching otherwise “missed” setups.

Base rule (simple forex-only logic)

  • If SL distance > 15 pips → use Omar entry
  • If SL < 15 pips → use normal entry

Method

  • Enter approximately 2 pips earlier than the noic candle
  • Still target 1:1 TP

Session Timing & “Don’t Trade” Windows

  • Works in all sessions, but author advises avoiding:
    • Early Asia: first ~3 hours after Asia open (low volume, random spikes)
    • Late New York: last couple of hours of New York
    • NY → Asia transition period
  • Overnight holding:
    • If session/news transition occurs, author may close/avoid holding
    • “Don’t hold overnight” depends on timezone

News Filter & Execution Rules (Risk Management)

News source

  • ForexFactory.com

Colors / impact levels

  • Red: high impact (avoid)
  • Orange: medium
  • Yellow: weak
  • Gray: bank holidays

Rules for red (high-impact) news

  • No new trades: 1 hour before red news
  • Close positions: 15 minutes before red news
  • Resume trading: 15 minutes after red news

Trade-impact mapping (explicit restrictions)

  • USD red: cannot trade anything
  • JPY red: avoid JPY pairs
  • GBP red: avoid GBP pairs
  • Euro red: avoid EUR, and author states it also impacts GBP

Additional caution

  • Author strongly discourages trading news due to:
    • slippage
    • possible SL miss (broker may not honor SL)
  • Result risk framing: what should be a controlled loss can become a much larger drawdown.

Additional Recommendations / Cautions

  • Don’t overtrade pairs
    • Master the chosen list rather than constantly backtesting new pairs.
  • Avoid chop / consolidation
    • If trend isn’t clearly readable, skip trades.
  • TP/SL customization can reduce win rate
    • Changing from 1:1 to 1:2 / 1:3 may reduce win rate substantially.
  • Confluence stacking is allowed
    • But it reduces number of setups.
    • Beginners should stick to base rules.

Risk Management Guidance (Position Sizing / Capital Preservation)

  • Live funded trading preference:
    • Risk about ~1% per trade
  • Also mentioned:
    • 1–2% as upper range
    • 2% described as high
  • Account types referenced:
    • “Compounding” account: live, controlled risk
    • “Flipping” account: high risk / high blow-up probability (avoid until mastering strategy)
  • Psychological emphasis:
    • Risk management + psychology + emotion control are presented as more important than mechanics.

Disclosures / Disclaimers

  • The speaker repeatedly frames results as dependent on:
    • following rules
    • proper testing
  • Tone is “not guaranteed,” with emphasis that performance is not assured.

Presenters / Sources

  • Presenter: Omar Noic
    • Also referenced as “Omar Noick/Noic” in subtitles
  • Indicator mentioned: “X Ghost wickless candles”
  • Trend indicator source mentioned: “Break of structure/change of character by nephew Sam”
    • Author notes it’s not 100% accurate
  • News website: ForexFactory.com

Original video