The ICT Concepts Indicator is a comprehensive tool designed for traders who follow Inner Circle Trader (ICT) methodologies. This script integrates essential concepts to enhance market analysis and improve trade execution.
Key Features:
Market Structure Visualization: Automatically detects and labels Higher Highs (HH), Higher Lows (HL), Lower Highs (LH), and Lower Lows (LL). Liquidity Zones: Highlights areas of high liquidity above recent highs and below recent lows with customizable colors. Order Blocks: Identifies bullish and bearish order blocks, marking them as key zones of interest. Fair Value Gaps (FVGs): Highlights price imbalances, allowing traders to anticipate potential retracements. Kill Zones: Displays the Asian, London, and New York sessions with distinct color-coded backgrounds. Customizable Alerts: Alerts for price interactions with liquidity zones, order blocks, or fair value gaps. Multi-Timeframe Support: Easily switch between higher timeframe analysis and the current chart. User-Friendly Settings Panel: Customize colors, transparency, and visibility of each feature. How It Helps:
Pinpoints critical price zones for informed decision-making. Provides a clearer view of institutional trading dynamics. Simplifies the process of identifying high-probability trade setups. Note: This script adheres to Pine Script v5 standards and is optimized for performance. Ideal for both beginner and advanced traders seeking to leverage ICT concepts effectively.
I would highly appriciate any donations to enhance the scripts :)
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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