The purpose of this indicator is to provide an additional layer of insight into where price is likely to draw towards and then reverse from once it reaches these levels. ICT identifies the High and Low of the past three days as key liquidity points that the algorithm frequently refers back to when seeking liquidity.
The High and Low of Yesterday The High and Low of the Day Before Yesterday The High and Low of Two Days Before Yesterday
ICT frames the daily range from 00:00 to 23:59 (Midnight EST to 11:59 PM EST).
You’ll notice how price often targets these levels and reverses from them.
This is an active work in progress based on the concepts taught in the 2024 Mentorship. For suggestions or alterations, please leave a comment or message me directly.