🔵Introduction
🟣ICT
The "ICT" style is a subset of "Price Action" technical analysis. The primary goal of the ICT trading strategy is to merge "Price Action" with the "Smart Money" concept to pinpoint optimal trade entry points.
However, this approach's strength extends beyond merely finding entry points. It also helps traders gain a deeper understanding of price behavior and adapt their trading strategies to the market structure.
The most important concepts of "ICT":
🟣Session
Financial markets are divided into several time periods, each featuring distinct characteristics and levels of activity. These periods, known as sessions, are active at different times during the day.
The primary active sessions in financial markets include:
Based on the UTC time zone, the schedule for these key sessions is:
Note
To avoid session overlap and minimize interference during kill zones, the session times have been modified as follows:
🟣KillZone
Kill zones are periods within a session where trader activity spikes. During these times, trading volume surges, and price movements become more pronounced.
The major kill zones, according to the UTC time zone, are as follows:
🔵How to Use
🟣Order Block
Order blocks are a distinct category of "Supply and Demand" zones, formed when a series of orders are grouped together. These blocks are often created by banks or other significant market participants.
Banks typically execute large orders in blocks during their trading sessions. If they were to enter the market with small quantities, substantial price movements would occur before the orders were fully executed, reducing potential profit.
To mitigate this, they divide their orders into smaller, more manageable positions. Traders should seek "buy" opportunities in "demand order blocks" and "sell" opportunities in "supply order blocks."
🟣Fair Value Gap (FVG)
To pinpoint the "Fair Value Gap" on the chart, meticulous candle-by-candle analysis is essential. Pay close attention to candles with significant bodies, examining each candle alongside the one preceding it.
The candles flanking this central candle should exhibit elongated shadows, with bodies that do not intersect the body of the central candle. The span between the shadows of the first and third candles is referred to as the FVG range.
Note:
The origin of all Order Blocks and FVGs starts from inside a kill zone and extends up to the end of the same session.
🟣Kill Zone Hunt
Following this strategy, after the conclusion of the kill zone and the stabilization of its high and low lines, if the price touches either of these lines within the same session and encounters a robust rejection, it presents an opportunity to enter a trade.
🔵Setting
🟣Global Setting
🟣Logic Parameter
🟣Order Blocks Display
🟣Order Block Refinement
🟣FVG
🟣Session
Show More Info Session Color
🟣Alert
🟣ICT
The "ICT" style is a subset of "Price Action" technical analysis. The primary goal of the ICT trading strategy is to merge "Price Action" with the "Smart Money" concept to pinpoint optimal trade entry points.
However, this approach's strength extends beyond merely finding entry points. It also helps traders gain a deeper understanding of price behavior and adapt their trading strategies to the market structure.
The most important concepts of "ICT":
- Order Block
- Fair Value Gap(FVG)
- Liquidity
🟣Session
Financial markets are divided into several time periods, each featuring distinct characteristics and levels of activity. These periods, known as sessions, are active at different times during the day.
The primary active sessions in financial markets include:
- Asian Session
- European Session
- New York Session
Based on the UTC time zone, the schedule for these key sessions is:
- Asian Session: 23:00 to 06:00
- European Session: 07:00 to 16:30
- New York Session: 13:00 to 22:00
Note
To avoid session overlap and minimize interference during kill zones, the session times have been modified as follows:
- Asian Session: 23:00 to 06:00
- European Session: 07:00 to 14:25
- New York Session: 14:30 to 22:55
🟣KillZone
Kill zones are periods within a session where trader activity spikes. During these times, trading volume surges, and price movements become more pronounced.
The major kill zones, according to the UTC time zone, are as follows:
- Asian Kill Zone: 23:00 to 03:55
- European Kill Zone: 07:00 to 09:55
- New York Morning Kill Zone: 14:30 to 16:55
- New York Evening Kill Zone: 19:30 to 20:55
🔵How to Use
🟣Order Block
Order blocks are a distinct category of "Supply and Demand" zones, formed when a series of orders are grouped together. These blocks are often created by banks or other significant market participants.
Banks typically execute large orders in blocks during their trading sessions. If they were to enter the market with small quantities, substantial price movements would occur before the orders were fully executed, reducing potential profit.
To mitigate this, they divide their orders into smaller, more manageable positions. Traders should seek "buy" opportunities in "demand order blocks" and "sell" opportunities in "supply order blocks."
🟣Fair Value Gap (FVG)
To pinpoint the "Fair Value Gap" on the chart, meticulous candle-by-candle analysis is essential. Pay close attention to candles with significant bodies, examining each candle alongside the one preceding it.
The candles flanking this central candle should exhibit elongated shadows, with bodies that do not intersect the body of the central candle. The span between the shadows of the first and third candles is referred to as the FVG range.
Note:
The origin of all Order Blocks and FVGs starts from inside a kill zone and extends up to the end of the same session.
🟣Kill Zone Hunt
Following this strategy, after the conclusion of the kill zone and the stabilization of its high and low lines, if the price touches either of these lines within the same session and encounters a robust rejection, it presents an opportunity to enter a trade.
🔵Setting
🟣Global Setting
- Show All Order Block:
- Show All FVG:
- Show More Info Session:
🟣Logic Parameter
- Pivot Period of Order Blocks Detector:
- Order Block Validity Period (Bar):
- Mitigation Level Order Block:
🟣Order Blocks Display
- Demand Order Block:
- Supply order Block:
🟣Order Block Refinement
- Refine Demand OB:
- Refine Supply OB:
🟣FVG
- FVG Validity Period (Bar):
- Mitigation Level FVG:
- Show Demand FVG:
- Show Supply FVG:
- FVG Filter:
🟣Session
Show More Info Session Color
- Asia Session, London Sesseion, New York am Session & New York pm Session:
🟣Alert
- Send Alert When Touched Session high & Low:
- Alert Demand OB Mitigation:
- Alert Supply OB Mitigation:
- Alert Demand FVG Mitigation:
- Alert Supply FVG Mitigation:
- Message Frequency:
- Show Alert Time by Time Zone:
- Display More Info: