ict order block indicator free download

The Forex ICT Indicator for MT4 is a comprehensive tool that combines the principles of Smart Money Concepts and Inner Circle Trading (SMC) to provide traders with a comprehensive tool for navigating the forex market. This indicator stands out by offering a collection of strategies and concepts designed to understand the movements and decisions of big financial institutions, banks, and hedge funds, collectively known as’smart money.’ These entities play a significant role in dictating market directions, and by comprehending their movements, traders can make more informed decisions and potentially capitalize on market movements.

Both ICT and SMC are founded on the principle of deciphering the behaviors and movements of smart money. However, they diverge in their approach and methodologies: Smart Money Concepts focuses on broader strategies, including market manipulation and the psychology behind smart money decisions. It aims to identify when these major players are accumulating or offloading assets, allowing traders to align their strategies accordingly. Inner Circle Trader delves into more specific trading tools, techniques, and indicators, providing a detailed framework for understanding, predicting, and capitalizing on smart money movements.

The Forex ICT Indicator includes several indicators, such as Auto Order Block with Break of Structure (BoS), Dashboard Controls, Multi-Time Frame Analysis, Volume and Price Imbalances, Liquidity and Market Highs/Lows, Trading Sessions, and Alerts. 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. It also monitors liquidity levels and records significant market highs and lows over various periods, including daily, weekly, and monthly.

Trading sessions include 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.

Alerts are set 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.

In conclusion, the Forex ICT Indicator for MT4 is a powerful tool that embodies the essence of Smart Money Concepts and Inner Circle Trader. With its array of features, including auto Order Block detection with BoS, a user-friendly dashboard, multi-time frame analysis, and an extensive alerts system, it provides traders with the resources they need to navigate the Forex market confidently. Whether you’re a seasoned trader or new to the Forex market, this indicator is a valuable resource for traders looking to make informed decisions and capitalize on market movements.