█ Concept Overview The Inner Circle Trader (ICT) methodology is focused on understanding the actions and implications of the so-called "smart money" - large institutions and professional traders who often influence market movements. Key to this is the concept of market structure and how it can provide insights into potential price moves. Over time, however,...
The goal of this indicator is to find Fair Value Gaps (FVGs) that overlap on multiple timeframes. FVGs are already meant to be “sensitive” areas where one might expect price to react from, therefore FVGs that overlap on multiple timeframes could provide even more confluence that there may be a reaction in said area (with proper context). Mitigation Type...
Description: The Commitment of Traders (COT) is a valuable raw data report released weekly by the Commodity Futures Trading Commission (CFTC). This report offers insights into the current long and short positions of three key market entities: Commercial Traders ( usually represented in red ) Large Traders ( typically depicted in green ) Small Speculator...
example: if you want to find the stronger/weaker pair between eurusd and gbpusd, what you can do is check the eurgbp charts. if eurgbp is bullish, that means, that longs longs on eurusd are better than on gbpusd. Unfortunately, there is no such thing to compare for example usoil with ukoil, or us100 with us500. That's where this indicator comes in handy. You can...
This indicator highlights the Overnightsession (ONS), taught by TheCurrenyMerchant. The Overnightsession is from 4-8 am UTC-5. This session can be used to form trades, e.g. after one side has been taken out. It has the options to display Projection and the equilibrium level. Equilibrium level (50%) can be used to identify if price is currently in premium/discount...
The ICT Macros indicator aims to highlight & classify ICT Macros, which are time intervals where algorithmic trading takes place to interact with existing liquidity or to create new liquidity. 🔶 SETTINGS 🔹 Macros Macro Time options (such as '09:50 AM 10:10'): Enable specific macro display. Top Line , Mid Line , Bottom Line and Extending Lines ...
Just an easy to use time based indicator that allows you to track ICT London Open Killzone, New York Open killzone, AM session Silver Bullet time window & PM Session Silver Bullet Time Window, and last but not least the Last Hour of trading which often has nice moves.
This Seasonality indicator is meant to provide insight into an asset's average performance over specified periods of time (Daily, Monthly, and Quarterly). It is based on a 252 trading day calendar, not a 365 day calendar. Therefore, some estimations are used in order to aggregate the Daily data into higher timeframes, as we assume every Month to be 21 trading...
This script plots the timewindows of the ICT killzones (for forex) and trading session + makros below the chart. Individual components can be switched of to your liking
This script highlights the ICT trading makros and silverbullet timewindows with different background colors on your chart. The drawings are only visible on the timeframe 1min - 5min because they become useless above and i didnt code the logic for below 1min
Students of ICT concepts will know that the first FVG found within particular session periods can identify an important price level for intraday traders. "Find the first FVG at the start of the session and drag a box from it to the right"....ICT The script finds the first FVG (either bull or bear) within the following periods: London Killzone (0200 - 0500)...
The FVG Sessions indicator highlights the first fair value gap of the trading session as well as the session range. Detected fair value gaps extend to the end of the trading session. Alerts are included on the formation of a session fair value gap, price being within a session fair value gap, mitigations, and price crossing session fair value gaps average. 🔶...
Advanced ADR/AWR/AMR indicator created for Traders Reality community, as well as the greater trading community. Thanks to the TR community discord guys: infernix, peshocore and xtech5192 Everything is modular and can be turned on/off, including a customisable table showing daily/weekly/monthly average pips/dollars. If you just want the average daily range lines...
Displays Open, High, Low, Close and 50% levels for the Previous Day/Week/Month. Also shows the Open for the Current Day/Week/Month Also shows the Current New Week Opening Gap Midline (NWOG) These levels are key to teachings by ICT as well as other trading strategies. There are lots of scripts available for this data, however this one plots the levels to the...
The Breaker Blocks with Signals indicator aims to highlight a complete methodology based on breaker blocks. Breakout signals between the price and breaker blocks are highlighted and premium/discount swing levels are included to provide potential take profit/stop loss levels. This script also includes alerts for each signal highlighted. 🔶 SETTINGS 🔹 Breaker...
This Indicator is based on "ICT Killzones" - sessions in which price moves the "cleanest" and usually has the most volume. The script is able to either display Killzones as a Label above current bars, or in form of lines on top or bottom of the charts. Also, the user is able to choose between Forex Killzones and Indices Killzones. times for...
This Simple ICT Market Structure is based on the teachings of ICT, specifically in his episode 12 of the Public 2022 Mentorship. The only omission here is the peculiar calculation of Intermediate Term points, for which I am not using the concept of repricing imbalances – this can be added later! Feel free to use this tool, however it is quite simple and market...
This script returns trailing stops on the occurrence of market structure (CHoCH/BOS labeling). Trailing stops are adjusted based on trailing maximums/minimums with the option for users to be able to control how quickly a trailing stop can converge toward the price. 🔶 SETTINGS Pivot Lookback: Pivot length used for the detection of swing points. Increment...