j trader ModelAn indicator designed to trade indices using the jtrader model and ICT concepts.
jtrader Model:
Below are the key points to trade this model:
Power of 3 is the key element of this model.
Accumulation during pre NY open.NY Open represents 9:30am opening of NY Stock Exchange.
Manipulation(JUDA) immediately after NY open. Juda is a manipulated move by the indices after the session open.
Distribution as a reversal with BOS ,Heatmap preferably during Macros. Distribution is market phase where it moves towards its original expansion during macros. Macros are 20 minute time windows where indices give moves with strong force. Heatmap represent kis point of interests for the trade.
Indicator Features:
Creates a complete window of trading with key elements needed to trade The jtrader Model.
Identify and marks key points of interests (POIs).
Identify and highlights key swing points of Sessions, Days, Weeks, True open etc.
Highlights the NY Open.
Highlights the Macros.
Indicator Settings:
Enable/Disable any POI marking.
Adjust session time ranges.
Adjust enabling of model poi marking time window.
Choose color of choice for highlighting the POI.
Enable/Disable Macros.
This indicator will gradually updated with new features to trade the jtrader model. Your feedback will help us improve and enhance this indicator.
Ict
ICT HTF Candles [Source Code] (fadi)Plotting a configurable higher timeframe on current chart's timeframe helps visualize price movement without changing timeframes. It also plots FVG and Volume Imbalance on the higher timeframe for easier visualization.
With ICT concepts, we usually wait for HTF break of structure and then find an entry on a lower timeframe. With this indicator, we can set it to the HTF and watch the develop of price action until the break of structure happens. We can then take an entry on the current timeframe.
Settings
HTF Higher timeframe to plot
Number of candles to display The number of higher timeframe candles to display to the right of current price action
Body/Border/Wick The candle colors for the body, border, and wick
Padding from current candles The distance from current timeframe's candles
Space between candles Increase / decrease the candle spacing
Candle width The size of the candles
Imbalance
Fair Value Gap Show / Hide FVG on the higher timeframe
Volume Imbalance Show / Hide Volume Imbalance on the higher timeframe
Trace
Trace lines Extend the OHLC lines of the higher timeframe and the source of each
Label Show/Hide the price levels of the OHLC
Captain Backtest Model [TFO]Created by @imjesstwoone and @mickey1984, this trade model attempts to capture the expansion from the 10:00-14:00 EST 4h candle using just 3 simple steps. All of the information presented in this description has been outlined by its creators, all I did was translate it to Pine Script. All core settings of the trade model may be edited so that users can test several variations, however this description will cover its default, intended behavior using NQ 5m as an example.
Step 1 is to identify our Price Range. In this case, we are concerned with the highest high and the lowest low created from 6:00-10:00 EST.
Step 2 is to wait for either the high or low of said range to be taken out. Whichever side gets taken first determines the long/short bias for the remainder of the Trade Window (i.e. if price takes the range high, bias is long, and vice versa). Bias must be determined by 11:15 EST, otherwise no trades will be taken. This filter is intended to weed out "choppy" trading days.
Step 3 is to wait for a retracement and enter with a close through the previous candle's high (if long biased) or low (if short biased). There are a couple toggleable criteria that we use to define a retracement; one is checking for opposite close candles that indicate a pullback; another is checking if price took the previous candle's low (if long biased) or high (if short biased).
This trade model was initially tested for index futures, particularly ES and NQ, using a 5m chart, however this indicator allows us to backtest any symbol on any timeframe. Creators @imjesstwoone and @mickey1984 specified a 5 point stop loss on ES and a 25 point stop loss on NQ with their testing.
I've personally found some success in backtesting NQ 5m using a 25 point stop loss and 75 point profit target (3:1 R). Enabling the Use Fixed R:R parameter will ensure that these stops and targets are utilized, otherwise it will enter and hold the position until the close of the Trade Window.
ICT HTF MSS & Liquidity (fadi)ICT HTF MSS & Liquidity provides higher timeframe view of where the liquidity may reside and when higher timeframe market structure shift has occurred.
In his 2022 mentorship, ICT has advocated used the 15m chart to watch for liquidity and looking for lower timeframes for entry (5m,4m,3m,2m,1m).
Liquidity will reside above pivot points and ICT pivot points are based on 3 candle formation for the short term, three short term formation for intermediate, and three intermediate formation for the long terms.
Options
Timeframe Timeframe to monitor
Use the Short, Intermediate, or Long Term highs and lows
Liquidity Styles
Open liquidity line style, size, and color
Claimed liquidity line style, size, and color
Extend the open liquidity line beyond the current candle
Number of lines to display, this includes claimed and open
Opening Range Gaps [TFO]This indicator displays Opening Range Gaps with an adjustable time window. Its intention is to capture the discrepancy between the close price of previous and new Real Trading Hours (RTH) sessions, i.e. yesterday's close compared to today's open. A gap will be drawn from this area with a solid line denoting its midpoint, and dashed lines denoting the upper and lower quartiles of its range. Its color is determined by whether the new session open price is above or below the previous session close.
The Gap Session parameter allows users to define the specific time window for which to capture the "gap" in price. Using U.S. index futures as an example, we can use 16:00 - 09:30 (EST) to capture the discrepancy between the previous day's close price and the current day's open price. However, this parameter is left as adjustable for users that may want to observe different markets or simply experiment with different time windows.
Show Session Delineations will draw vertical timestamps denoting the start and end times of the provided Gap Session. Track Start Price serves as a visual aid to track the initial price of the Gap Session until its end price is validated, for easy visual verification of a gap's upper and lower bounds. With both options turned off, the indicator will only display the gap boxes and lines, as shown here:
Extend Boxes will draw all gaps with an indefinite extension to the right. This can get messy with a large number of boxes, which is why we have a Keep Last parameter to limit how many sessions' drawings should be stored. Any drawings that were made beyond this number of sessions in the past will automatically be deleted.
The Timeframe Limit will dictate that the indicator as a whole will only draw objects on timeframes less than or equal to this timeframe, determined by the user. In some cases this may help users avoid resolution errors which may arise from using timeframes that are too large for a given session. For example, if a user wanted to track a Gap Session of 16:15-09:30, the Timeframe Limit should be set to 15 minutes because the close price at 16:15 cannot be observed on a 30 minute chart (or greater).
ICT NWOG/NDOG [Source Code] (fadi)New Week Opening Gap (NWOG) and New Day Opening Gap (NDOG) are areas on the chart where price tend to react to and has the potential of moving from one gap to the next. These gaps can act as support and resistance zones where price can bounce of, or go through and retest. Areas of interest are the high, low, the Consequent Encroachment (C.E.), which is the middle between high and low of each gap.
Event Horizon is the 50% distance between two NWOGs and price tend to react to, and could act as Premium/ Discount between two NWOGs.
New Week Opening Gap (NWOG)
The difference between Friday close, and Sunday open. Consequent Encroachment (C.E.) is the area between two NWOGs.
Settings NWOG
- The Colors in the form of Current/Previous and line style for NWOG
- Background color to use for Current/Previous
- Number of NWOGs to use by the indicator (ICT recommends using minimum of 5)
- Extend Configuration:
-- Always Extend all NWOGs
-- Above and below only Shows the immediate two NWOGs that are above and below current price. These two NWOGs are recalculated as price moves
-- Any that is near current price Any NWOG that is near the current price, this can result in multiple NWOGs being displayed, with some overlapping
- Event Horizon only applicable when using the "Above and below only settings"
-- Show Date label and type of gap
New Day Opening Gap (NDOG)
The difference between Yesterday's close and Today's open.
Settings NDOG
- The Colors in the form of Current/Previous and line style for NDOG
- Background color to use for Current/Previous
- Number of NDOGs to use by the indicator, default is 1 but price tend to react to previous ones as well
- Extend Configuration:
-- Always Extend all NDOGs
-- Above and below only Shows the immediate two NDOGs that are above and below current price. These two NDOGs are recalculated as price moves
-- Any that is near current price Any NDOG that is near the current price, this can result in multiple NDOGs being displayed, with some overlapping
-- Show Date label and type of gap
Other Settings
Number of candles to use in calculation is used to calculate the size of the candles in order to derive the distance from current price. If current candle sizes is more important than over longer period of time then use 14 or near that number
Factor multiplier for distance test is the number above times X value. Lower timeframes require a higher number than a larger timeframe. If day trading, a value between 10 and 20 is probably best. If swing trading, a value between 5 and 10 is probably best.
Buffer How many candles beyond current price to extend the gaps by. this is helpful to provide cleaner view of the price action
Market Structure [TFO]The purpose of this indicator is to provide a simple approach to Market Structure. When price is closing over swing highs, we may categorize that as bullish structure; and when price is closing below swing lows, we may categorize that as bearish structure.
We can easily find swing highs and lows via the following built-in Pine Script functions:
ta.pivothigh()
ta.pivotlow()
We can pass in our Pivot Strength parameter to determine the size/significance of these pivots. The lowest value of 1 will validate a swing high when a given high is larger than that of 1 bar to the left and right of it. A pivot strength of 3, for example, would validate a swing high only when a high is larger than that of the 3 bars to the left and right of it, making it much more selective.
In any case, we can simply track the most recent swing highs and lows and check for when price through them. Enabling the Show Pivots option will mark all the swing highs and lows that are being considered for future structure breaks.
If the trend is bearish and we begin closing over swing highs, that would mark a Market Structure Shift (MSS). If the trend is already bullish and we are closing over swing highs, that would mark a Break of Structure (BOS), and vice versa for bearish conditions. MSS essentially signifies reversals in Market Structure while BOS signifies continuations.
Users may also create alerts for Any/Bull/Bear BOS or MSS. Simply create a new alert, select this indicator, and select the desired BOS or MSS criteria.
ICT HTF FVGs (fadi)ICT HTF FVGs displays the higher timeframe FVGs on current chart. This allows the trader to easily visualize the higher timeframe FVGs without having to mark them manually and see when price reaches point of interest for possible reversals or reaction.
This indicator attempts to provide as much flexibility possible by being able to define the following:
Higher Timeframe Settings
Timeframe to monitor
Bullish FVG color for this timeframe
Bearish FVG color for this timeframe
Maximum number of FVGs to display for this timeframe
Distance from current bar. This prevents overcrowding of FVGs
Hide Lower Timeframes from current chart. If this option is turned off, 5m timeframe FVGs will be displayed on an hourly chart as an example.
Show Border for the FVGs. Border color is derived from the FVG color
Show Mitigated FVG on the chart. The labels are removed to prevent the labels from overlapping with the candles on the chart/
Show C.E. Draws a line at the middle point of the FVG. This is usually an area of interest.
Show Label Shows the label with label color, background color, and label size.
Session CandlesThis indicator is designed to visually represent different trading sessions on a price chart, highlighting candlestick colors to distinguish between bullish (upward movement) and bearish (downward movement) trends during various market sessions. Here's an overview of how the indicator works:
1. Session Definition: The indicator defines four distinct trading sessions:
- London Session: Typically covering the European trading hours.
- New York AM Session: Representing the morning hours of the New York trading session.
- New York PM Session: Representing the afternoon hours of the New York trading session.
- Asia Session: Encompassing the trading hours of the Asian markets.
2. Configuration Options: Users can customize the behavior of the indicator through input options. For each session, users can enable or disable the display of session-specific candles.
3. Candle Coloring: The indicator determines the color of candles based on the following criteria:
- For each session, it checks whether the current candle's closing price is higher than its opening price.
- If the closing price is higher, the candle is considered bullish, and a user-defined green color is used for the candle.
- If the closing price is lower, the candle is considered bearish, and a user-defined red color is applied.
4. Display: The indicator then applies the calculated candle colors to the respective candles of each trading session on the price chart. This visual distinction helps traders quickly identify the prevailing trend during different market sessions.
To use the indicator, traders can overlay it on their price charts in TradingView. By enabling or disabling specific trading sessions, they can focus on the trends and price movements during those specific time periods.
Please note that the actual appearance of the indicator on the chart depends on the user's chosen settings for session enablement and color preferences.
ICT Time Indicator - MinimalisticThis indicator is intended to make backtesting and journaling a lot easier.
This script will automatically plot the sessions you selec.t
You don't have to worry about your timezone because this indicator will automatically handle that.
For best results please don't go any higher than the Hourly.
I aimed to keep this indicator very minimalistic to reduce the 'lipstick' on your chart.
Enabling any of the follow settings will quickly show you on your chart the times you want to be looking at:
Morning Session
Lunch
Afternoon Session
Marco 0950-1010
Marco 1050-1110
Marco 1450-1510
Silver Bullet London Open
Silver Bullet AM
Silver Bullet PM
You can also customize the color of any time session to suite your color scheme.
If you have any requests please leave a comment (I'm sure there are more marcos) :)
ICT True Day Range [MK]The indicator displays the following:
Vertical line day separator from 00:00 to 00:00 EST
High/Low lines for the days true range from 00:00 to EOD
Opening line from 00:00 EST to EOD
Opening line from 08:30 EST to EOD
Weekly Opening line from Sunday open at 18:00 EST to last bar in the week
Monday range high/low/mid line, which can be extended to EOW
Text displaying Days of the Week
All functions can be fully customized regarding color/style and line width.
Below shows image of indicator with day separator: (it didn't show on the main chart despite being enabled?)
All of the above are to be used to give the user all the tools necessary to analyze the following concepts which can be studied on ICTs you tube channel:
Weekly profile, eg, has the weekly manipulated below the weekly open to then rise the rest of the week?
Daily profile, eg, has the day manipulated below the daily open (00:00 EST) to then rise the rest of the day?
Daily liquidity grab, eg has the current day taken PDH/PDL at the start of the current day?
Daily targets, eg will the current day end up taking liquidity from the PDH/PDL?
Monday range, will Mondays high/low range act as the accumulation phase of the weekly AMD profile?
Tuesday/Wednesday/Thursday/Friday reversal, eg, does a day of the week line up with a HTF target and a high volatility news event which could see price reverse after the manipulation phase of the weekly AMD profile?
In strong trending markets, will the 0830 open line be used in the NY session as manipulation reference in the same manner as the 00:00 line is normally used?
The above examples of how the indicator 'could' be used are not the only ways to use the indicator.
The indicator is by no means a trading strategy on its own. Users should be fully aware of ICT concepts and have performed extensive back-testing before using the indicator with live accounts.
FVG w/ Fibs [QuantVue]The "FVG w/ Fibs" indicator is a trading tool designed to identify and visualize Fair Value Gaps (FVGs) while overlaying two Fibonacci retracement levels.
• Bullish FVG: Occurs when the low of the current bar is higher than the high of two bars ago, and the previous close is higher than the high of two bars ago.
• Bearish FVG: Occurs when the high of the current bar is lower than the low of two bars ago, and the previous close is lower than the low of two bars ago.
The indicator filters these gaps based on user-defined criteria such as the minimum percentage size of the gap.
Once identified, these FVGs are highlighted on the chart using customizable boxes and the 50% and 61.8% (default settings) Fibonacci retracement levels are calculated and drawn based on the size of the identified FVG.
• Dynamically updates and extends the boxes as the price evolves.
• Alerts / visual changes for FVGs that get filled.
• User option for fills by Wicks or Close
• User-customizable settings for box colors, styles, and Fibonacci level appearances
Give this indicator a BOOST and COMMENT your thoughts!
We hope you enjoy.
Cheers!
Position and Risk Calculator (for Indices) [dR-Algo]Position and Risk Calculator : Your Ultimate Risk Management Tool for Indices
The difference between a novice and a seasoned trader often comes down to one essential element: risk management. While trading indices, the challenges are even more intense due to market volatility and leverage. The Position and Risk Calculator steps in here to bridge the gap, providing you with an efficient tool designed exclusively for indices trading.
Key Features:
User-Friendly Interface: Designed to integrate effortlessly with your TradingView chart, this tool's interface is intuitive and clutter-free.
Dynamic Price Level Adjustment: Move your Entry, Stop Loss, and Take Profit levels directly on the chart for an interactive experience.
Account Balance Input: Customize the tool to understand your unique financial situation by inputting your current account balance.
Trade Risk Customization: Define how much you're willing to risk per trade, and the tool will do the rest.
Automated Calculations: The indicator calculates the maximum monetary risk and translates it into the maximum lot size you can afford. It delivers a full-integer lot size to make your trading decisions easier.
Comprehensive Risk Evaluation: Beyond lot sizes, it provides you with the Cost-to-Reward Ratio (CRV) of your trade, the actual monetary risk according to the calculated lot size, and the potential profit.
How To Use:
Once you add the Position and Risk Calculator to your TradingView chart, a new interactive panel appears. Here’s how it works:
Set Price Levels: Using draggable lines on the chart, set your Entry Price, Stop Loss, and Take Profit levels.
Account Details: Go to settings and enter your Account Balance and your desired risk percentage per trade.
Automatic Calculations: As soon as the above details are set, the indicator goes to work. It first calculates your maximum risk in monetary terms and then translates that into the maximum lot size you can take for the trade.
Review and Trade: The indicator shows you all the vital statistics - CRV of the trade, the money at risk according to the calculated lot size, and the possible profit.
Why Choose This Tool?
Informed Decisions: Your trading decisions will be based on concrete numbers, removing guesswork.
Time-saving: No need for manual calculations or using separate tools; everything is in one place.
Focus on Trading: By automating the risk management aspect, this tool allows you to focus more on your trading strategy and market analysis.
Tailor-Made for Indices: Unlike many other tools that try to serve all markets, the Position and Risk Calculator is designed specifically for indices trading.
Remember, effective risk management is what separates successful traders from those who burn out. The Position and Risk Calculator not only helps you define your risk but also helps you understand it, empowering you to trade with confidence.
So why not give yourself the best chance of success? Add the Position and Risk Calculator to your TradingView setup and experience the difference it can make.
ICT Clean Midnight [dR-Algo]
Are you a trader who values clean charts and precise indicators? Are you an avid follower of ICT Concepts? If so, the Midnight Marker is tailored for you. This ultra-simple, highly effective TradingView script draws a nearly transparent blue line at midnight on your chart, keeping your interface as clean as possible while delivering essential information.
Why is "ICT Clean Midnight" so Special?
Focus on Price Action: The minimalist design ensures that you can focus solely on price action, which is a core principle of ICT teachings.
Easy Back Testing: Whether you're trading live or back-testing strategies, the midnight marker helps you quickly identify key time points.
Customizable: Though designed to be subtle, the line's color and opacity can be easily customized to suit your charting needs.
This indicator embodies ICT's principle of maintaining a clutter-free, focus-driven trading environment. Perfect for both novice traders wanting to adopt ICT concepts and seasoned traders looking for minimalistic yet effective tools.
Inverse FVG with Rejections [TFO]This indicator is made to look for Inverse Fair Value Gaps (IFVGs) and show rejections from relevant areas. Fair Value Gaps (FVGs) are created when there is an energetic move that leaves a gap between the preceding and following candle's wicks. When that area is violated, we may consider that area as an Inverse FVG, treating it along the lines of a "support turned resistance" type setup with proper context.
Once a Fair Value Gap (FVG) is found with sufficient user-defined displacement, it is saved until price fully closes through that area, at which point it becomes an IFVG, which is also saved until price once again closes through that area.
Users can select a specific time period from which to look for and save FVGs, such as during the New York trading session in the following example.
Lastly, users can enable rejections that look for swing lows in bullish FVGs/IFVGs and swing highs in bearish FVGs/IFVGs. The following picture shows an instance of rejections from both regular and inverse FVGs, meaning the pivots were formed in a mutually shared area between a FVG and IFVG.
ICT Kill Zones [dR-Algo]ICT Kill Zones Indicator by dR-Algo
Introducing the dR-Algo's ICT Kill Zones Indicator – a tool meticulously crafted to blend with the elegance of the ICT Concept of Kill Zones. Built for traders who seek clarity and focus, this unique indicator is tailored to highlight the essential time frames while ensuring minimal distraction from the core price action.
Key Features:
Three Kill Zones:
London Kill Zone: Kickstart your trading day with the London Kill Zone, highlighting the critical period between 03:00 to 04:00 (UTC-4). The London session, known for its volatility due to the overlapping of the Asian session, is captured precisely for your benefit.
NY AM Session: As the European markets gear towards close and the US markets come alive, our indicator emphasizes the activity from 10:00 to 11:00 (UTC-4). It’s a window where significant market moves often originate.
NY PM Session: Capture the late-day trading action between 14:00 to 15:00 (UTC-4). As markets prepare to close, this time frame can offer last-minute opportunities.
Subtle Yet Effective Visualization: Unlike many other indicators that bombard traders with an array of colors, our ICT Kill Zones Indicator is intentionally designed to be subtle. It provides just the right amount of visual emphasis without overwhelming the chart. The primary goal is to let traders focus on what truly matters: the price action.
User-Friendly Customization: The indicator's settings can be easily tailored to align with individual trading styles, allowing traders to adjust and tweak as per their preference.
Seamless Integration with Trading View: Smoothly integrates with your TradingView charts ensuring optimal performance and real-time responsiveness.
Why Choose Our ICT Kill Zones Indicator?
The market is flooded with indicators, each promising to be the 'next big thing.' What sets dR-Algo's ICT Kill Zones Indicator apart is its dedication to simplicity and effectiveness. It's not just about adding an indicator to your chart; it's about adding value to your trading experience. By seamlessly merging vital time frames without overshadowing the price action, we ensure traders get the best of both worlds.
Join the trading revolution with dR-Algo and embrace a focused approach to the markets.
SMC Structures and FVGThe SMC Structures and FVG indicator allows the user to easily identify trend continuations (Break Of Structure) or trend changes (CHange Of CHaracter) on any time frame. In addition, it display all FVG areas, whether they are bullish, bearish, or even mitigated.
Fair Value Gap :
The FVG process shows every bullish, bearish or even mitigated FVG liquidity area. When a FVG is fully mitigated it will directly be removed of the chart.
There is an history of FVG to show. By selecting specific number of FVG to show in the chart, the user can focus its analysis on lasts liquidity area.
Here's the rules for FVG color :
Green when it's a bullish FVG and has not been mitigated
Red when it's a bearish FVG and has not been mitigated
Gray when the bullish / bearish FVG has been mitigated
Removed when the FVG has been fully mitigated
Structures analysis:
The Structure process show BOS in grey lines and CHoCH in yellow lines. It shows to the user the lasts price action pattern.
The blue lines are the high value and the low value of the current structure.
ICT Daily Bias Finder [DTCC]What is This?
The ICT Daily Bias Finder uses a method called "DTCC" to identify the London and New York session's bias, bullish or bearish. This indicator should only be relied on for 5 minute, and not other timeframes.
How do I use it?
Look at the previous days two boxes (labeled DTCC Bear/DTCC Bull), if both are bullish or both are bearish it is NOT recommended to rely on DTCC for that day. If the first one is bullish and second one is bearish, the DTCC for the next day says that London session will turn ABOVE midnight opening price, while New York will turn UNDER midnight opening price (longs in London, shorts in New York). If the second one is bearish and the first is bullish, the DTCC for the next day says that London session will turn UNDER midnight opening price, while New York will turn ABOVE midnight opening price (shorts in London, longs in New York)
Emoji guide to DTCC indicator:
🟢🟢: Don't trust DTCC for that day
🔴🔴: Don't trust DTCC for that day
🟢🔴: Longs in London above Midnight Opening Price, Shorts in New York under Midnight Opening Price
🔴🟢: Shorts in London under Midnight Opening Price, Longs in New York under Midnight Opening Price
Reminder: NEVER rely solely on DTCC, DTCC can be wrong and is not right 100% of times.
ICT Institutional Order Flow (fadi)ICT Institutional Order Flow indicator is intended to provide wholistic view to better analyze order flow and where price may go to next. The concept follows ICT principles.
ICT Market Structure
ICT breaks down Pivot points into three categories:
Short Term High/Low (STH/STL) is a 3 candle pattern with a low with higher low on each side (STL), or a high with lower high on each side (STH)
Intermediate Term High/Low (ITH/ITL) uses the calculated STH/STL and marks any STH that has lower or STH on each side, and STL that has higher STL on each side
Long Term High/Low (LTH/LTL) uses the calculated ITH/ITL and marks any ITH that has lower or ITH on each side, and ITL that has higher ITL on each side
Note: ICT also states that if a STH wicks into and closes (almost?) a FVG, he marks it as ITH even if it does not have STH on reach side. This scenario is not covered by this indicator
Liquidity
liquidity is usually present under pivot points. The more prominent the pivot point, the more likely higher values liquidity pools reside under/above it. Liquidity under ITL and LTL as an example, will have better indication of which liquidity the price may seek next.
Displacement
Displacement registers above average move in the price resulting in strong visible move. If requiring a FVG is enabled (in settings), then the displacement could possibly (but never guaranteed) be used to visually recognize a move as it develops.
Full Credit: The calculation for Displacement is derived from TFO's Visualizing Displacement
Imbalances
Imbalances can come in different forms. This indicator identifies three type of imbalances:
1. FVG
2. Volume Imbalance
3. Open Gaps
Imbalances completes the picture by help visualize strong moves, where possible pivot points may develop, and how to enter or manage a trade.
ICT Daily Levels and Zones (fadi)ICT Daily Levels and Zones indicator provides some of the relevant zones and levels for ICT type analysis. The purpose of this indicator is to provide consolidated way of automatically highlighting and identifying relevant levels for ICT type traders.
Daily Separator and Day of Week
Display a separator based on NY Midnight and day of week.
Killzones
Highlight ICT Asia, London, and NY killzones. Please note that the default times are based on Index Futures. Update the times of day if you plan on using it for other instruments such as Forex.
Open Range
The 9:30am to 10:00am open range
(Shown with Extend setting on)
Open Range Gap
The open range Gap is the difference between the 4:15pm close and the 9:30am open.
(Shown with Extend setting on)
Time of Day Levels
The Midnight, 8:30am, and 9:30am open levels.
Daily Midnight Candle
ICT style Daily candle formation based on Midnight open
HTF Liquidity Dashboard [TFO]The purpose of this indicator is to server as a multi-symbol scanner that indicates when user-defined symbols have exceeded their previous Day/Week/Month highs and lows.
By default, the dashboard will use a compact view where the green ✔ means that price has swept and is currently exceeding the level of interest, the red ❌ implies that price swept the level but reversed back into the original range, and - indicates that the level hasn't been reached. However, the dashboard text can be toggled to show the numerical values of the highs and lows instead of these compact strings, as shown in the following image.
These levels may be shown and customized on the current chart as well via the Show Levels option. By default, levels from the selected timeframes will initially be plotted as black, and will change to red once traded through. Users can optionally increase the Session Limit parameter to show more than one previous high/low on their chart, for each selected timeframe.
Optionally, we can also plot labels to show when any of the user-defined symbols have exceeded their respective highs and lows, for any of the selected timeframes. Alerts can be created for these events as well; simply select the desired symbols and timeframes, create a new alert using this indicator, and you should be alerted when highs and lows are traded through. Note: if you encounter any issues with duplicate alerts, try deleting the alert, navigating to a lower timeframe such as the 1m, and making a new alert.
ICT Friday's Asian Range°This concept was engineered and taught by the Inner Circle Trader .
The goal of this script is to outline a potential draw on liquidity for the next trading week. It gives a parameter for ICT PD Arrays to be located above and below the marketplace and should be used in conjunction with the higher Timeframe Arrays as defined by ICT.
If there is a higher Timeframe array with a standard deviation confluence of the Friday Asian Range it is considered high probability for price to reach up/down to that level, and present a potential retracement or reversal.
The Asian Range is defined as the window of Time between 7PM to Midnight New York Time. In this case we will be only using the Friday's Asian Range which will take place on Thursday between these Times.
We have two ranges: a Body range made of the highest and lowest candle bodies, and a Wick range made by the highest and lowest candle wicks.
ICT teaches that we only want to apply this concept to the 5minute and 15minute chart.
THIS SCRIPT WILL NOT WORK ON ANY OTHER TIMEFRAME OUT OF THE BOX
Framework:
Visualization:
Example:
Liquidity Voids (FVG) [LuxAlgo]The Liquidity Voids (FVG) indicator is designed to detect liquidity voids/imbalances derived from the fair value gaps and highlight the distribution of the liquidity voids at specific price levels.
Fair value gaps and liquidity voids are both indicators of sell-side and buy-side imbalance in trading. The only difference is how they are represented in the trading chart. Liquidity voids occur when the price moves sharply in one direction forming long-range candles that have little trading activity, whilst a fair value is a gap in price.
🔶 USAGE
Liquidity can help you to determine where the price is likely to head next. In conjunction with higher timeframe market structure, and supply and demand, liquidity can give you insights into potential price movement. It's essential to practice using liquidity alongside trend analysis and supply and demand to read market conditions effectively.
The peculiar thing about liquidity voids is that they almost always fill up. And by “filling”, we mean the price returns to the origin of the gap. The reason for this is that during the gap, an imbalance is created in the asset that has to be made up for. The erasure of this gap is what we call the filling of the void. And while some voids waste no time in filling, some others take multiple periods before they get filled.
🔶 SETTINGS
The script takes into account user-defined parameters and detects the liquidity voids based on them, where detailed usage for each user-defined input parameter in indicator settings is provided with the related input's tooltip.
🔹 Liquidity Detection
Liquidity Voids Threshold: Act as a filter while detecting the Liquidity Voids. When set to 0 basically means no filtering is applied, increasing the value causes the script to check the width of the void compared to a fixed-length ATR value
Bullish: Color customization option for Bullish Liquidity Voids
Bearish: Color customization option for Bearish Liquidity Voids
Labels: Toggles the visibility of the Liquidity Void label
Filled Liquidity Voids: Toggles the visibility of the Filled Liquidity Voids
🔹 Display Options
Mode: Controls the lookback length of detection and visualization
# Bars: Lookback length customization, in case Mode is set to Present
🔶 RELATED SCRIPTS
Buyside-Sellside-Liquidity
Fair-Value-Gaps
