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This Forex ICT indicator integrates SMC and ICT into one AIO indicator with a dashboard that has simple-to-use buttons for changing settings and turning on or off particular features.
One notable approach is the ICT (Inner Circle Trader) technique, which provides a set of ideas and tactics for interpreting the behavior of key players in the market. This strategy has advanced with the release of the ICT Indicator for MT4, which gives traders a full tool for navigating the forex market by fusing the analytical depth of SMC (Smart Money Concepts) with the accuracy of ICT techniques.
This includes a range of approaches and tactics aimed at comprehending the actions and choices made by banks, hedge funds, and other large financial institutions—collectively referred to as “smart money.” Understanding the movements of these entities can help traders make better judgments and potentially profit from market fluctuations. These entities have a crucial influence in shaping market moves.
Understanding how smart money behaves and moves is the foundation of both ICT and SMC. Nevertheless, their approaches and methods differ:
The book Smart Money Concepts focuses on more general tactics, such as manipulating the market and understanding the psychology of wise financial choices. It seeks to pinpoint the times when these significant players are buying or selling assets, enabling traders to adjust their tactics appropriately.
Inner Circle Trader offers a comprehensive framework for comprehending, forecasting, and profiting from smart money moves by delving into more specialized trading tools, tactics, and indicators.
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There is more to this Forex ICT than just a trading indicator system. Nonetheless, it can be a great asset to your trading as a tool for further chart research, determining the trade exit position (TP/SL), and more. Although this technique is accessible to traders of all skill levels, it can be helpful to practice on an MT4 demo account until you have the consistency and self-assurance necessary to move on to actual trading. With most Forex firms, you can open a genuine or demo trading account.
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 | No Minimum Deposit ECN Acount No Commission | |
 | Min Deposit of 20$ |
Indicators included in the ICT Indicator
1. Auto Order Block with Break of Structure (BoS)
The ICT Indicator automatically identifies order blocks and breaks of structure, pivotal elements in SMC trading. This feature aids traders in spotting potential reversal points and continuation patterns in the market.
2. Dashboard Controls
The indicator comes with a dashboard featuring buttons to quickly turn on or off specific functions or change settings without navigating through complicated menus. This design enhances usability and allows for rapid adjustments according to market conditions.
3. Multi-Time Frame Analysis
Traders can select higher time frame order blocks or points of interest (POIs) and fair value gaps (FVGs) or imbalances across multiple time frames. This functionality supports a broader market perspective, facilitating better-informed trading decisions.
4. Volume and Price Imbalances
The indicator identifies volume imbalances and gaps in the market, as well as equal highs/lows, enabling traders to recognize potential liquidity pools and price manipulation areas.
5. Liquidity and Market Highs/Lows
It monitors liquidity levels and records significant market highs and lows over various periods, including daily, weekly, and monthly. This information is crucial for understanding market sentiment and potential turning points.
6. Trading Sessions
The ICT Indicator outlines specific trading sessions—Asian, London, and New York—along with critical periods such as the Kill Zone and Silver Bullet. It also tracks the daily and weekly opens, which are essential for session-based trading strategies.
7. Alerts
Traders can set alerts for numerous market events, including break of structure, new order blocks, order block touches, FVG/imbalances, equal highs/lows, and liquidity touches. These alerts ensure traders don’t miss key trading opportunities even when not actively monitoring the charts.
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