The purpose of this indicator is to see how often price reached certain standard deviations from a selected time range. The inspiration for this was to study ICT (Inner Circle Trader) concepts regarding the Central Bank Dealer’s Range (CBDR), which is 2:00 pm - 8:00 pm New York local time according to ICT Core Content. However, the idea and data collection could...
Japanese below / 日本語説明は英文の後にあります。 ------------------------- *This indicator is based on upslidedown's "Liquidity Engulfing Candles ". It's a very cool indicator. thank you. It has 2 functions: show the Liquidity Engulfing on HTF and candle color change when displacement occurs. === Function description === 1. Liquidity Engulfing on HTF This indicator gives...
An indicator with which you can easily compare any ticker with the ones offered. You can choose any of the tags that are offered in the options You can also create your own ticker if you select the Custom in Mode option. If the comparison mode is enabled, the current ticker you are viewing is divided by the ticker selected in the indicator. For example, if you...
This indicator allows you to easily compare any ticker you're looking at with the ones I've found to work best over many years of studying the crypto market. For these reasons, the code of the script is hidden because that is exactly what makes it unique. You can choose any cryptocurrency, but I recommend using only perpetuals on 'BINANCE' exchange. If the...
Credit goes to LuxAlgo for the inspiration from 'Sessions' which allowed users to analyse specific price movements within a user defined period with tools such as trendline, mean and vwap. Settings Sessions Enable Session: Allows to enable or disable all associated elements with a specific user set session. Session Time: Opening and closing times of the user...
The goal of this indicator is to anticipate potentially "choppy" New York trading sessions, based on what price does during the Asia and London trading sessions. Based on some user-defined success criteria, we can also track how successful these warnings are. Many Inner Circle Trader (ICT) students have noted that choppy New York sessions are often preceded by...
Indicator looks for liquidity grab & reversal trades on any timeframe. These types of trades reveal how the big institutions, banks and hedge funds trade with big money. If they want their very big positions to be filled they need to find areas in chart where the majority of the money is sitting. Where is it? Where is the majority of orders placed? Right below...
TGIF - "Thank God it's Friday" After a heavily bearish week (tuesday, wednesday and thursday) price sometimes looks for some retracement on fridays. Vice versa for bullish weeks. This script shows how often that specific scenario happens and displays that data in a table. The user has the option to input a starting year for the statistic and is able to filter...
This Indicator displays the ICT kill zones' open price You will be able to see the following open prices (ALL TIMES ARE IN NEW YORK TIME) All times and appearances are customisable to your own liking. The default time setting is recommended - 00:00 AM Midnight New York Open Price (RED DASH LINE) - 2:00 AM Frankfurt Open Price (GREEN DASH LINE) - 3:00 AM...
The Buyside & Sellside Liquidity indicator aims to detect & highlight the first and arguably most important concept within the ICT trading methodology, Liquidity levels. 🔶 SETTINGS 🔹 Liquidity Levels Detection Length: Lookback period Margin: Sets margin/sensitivity for a liquidity level detection 🔹 Liquidity Zones Buyside Liquidity Zones:...
Japanese below / 日本語説明は英文の後にあります。 ------------------------- *This indicator is based on sbtnc's "HTF Liquidity Levels". It's a very cool indicator. thank you. It has 3 functions: visualization of HTF liquidity (with alert), candle color change when displacement occurs, and MSB (market structure break) line display. === Function description === 1. HTF liquidity...
This indicator has been made to get a statistical edge. It has two different options. Weekly High/Low or Daily High/Low Weekly High/Low - use this on Daily Chart This option plots a table, that shows how often the High/Low of the Week has been made on certain Days of the Week. It is possible, to only filter bullish/bearish weeks, to have more precise...
The SMT Divergences indicator highlights SMT divergences between the chart symbol and two user-selected tickers (ES and YM by default). A dashboard returning the SMT divergences statistics is also provided within the settings. 🔶 SETTINGS Swing Lookback: Calculation window used to detect swing points. Comparison Ticker: If enabled, will detect SMT...
Description: The Open Interest (OI) is a valuable metric that gets released at the end of each trading day. This metric represents the number of outstanding futures contracts held by market participants for a given commodity or market The concept of utilizing the OI data as a strategic trading tool was first introduced by Larry Williams : Rise in Price...
█ 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...