Summary of ☄️ Quarterly Theory ICT 02 Indicator to TradingView — [TradingFinder]
The video presents the Quarterly Theory ICT 02 Indicator, a powerful trading tool available on TradingView and other platforms via the official TradingFinder website. This indicator is designed to analyze market phases across multiple time frames and quarters, helping traders identify key market cycles and potential trading opportunities.
Main Financial Strategies and Market Analyses:
- The indicator divides market behavior into four quarters/phases across yearly, monthly, weekly, daily, and session time frames:
- Quarter 1: Accumulation Phase – Market ranges and establishes price.
- Quarter 2: Manipulation Phase – Characterized by deceptive price moves; considered the true start of the market cycle and key for determining market direction.
- Quarter 3: Distribution Phase – Marks peak price volatility and potential trend exhaustion.
- Quarter 4: Continuation or Reversal Phase – Determines the main market direction going forward.
- The indicator draws true open lines for each quarter and time frame, which serve as critical levels:
- Price above the true open line signals an uptrend.
- Price below the true open line signals a downtrend.
- Price ranging near or within the true open level indicates accumulation or distribution phases.
- Traders can use the indicator to:
- Wait for price to decisively break below or above the true open level to confirm the start of a major move.
- Identify manipulation phases to anticipate market direction.
- Recognize distribution phases that may precede trend reversals.
- Monitor multiple time frames simultaneously for comprehensive market insight.
Methodology / How to Use the Indicator:
- Access and setup:
- Find the Quarterly Theory ICT 02 Indicator in TradingView’s indicator section.
- Add it to favorites for quick access.
- Apply it to the chart to automatically display true open lines for various time frames.
- Customization options:
- Enable or disable true open lines for yearly, monthly, weekly, daily, 90-minute sessions (Asia, London, New York morning and afternoon), and micro (1-minute) time frames.
- Adjust the extension of true open lines:
- N: Draw lines for up to 5 candles.
- R: Extend lines to the right.
- L: Extend lines to the left.
- B: Extend lines in both directions.
- Enable or disable the comprehensive table showing all quarters and phases across time frames.
- Enable detailed phase information for deeper analysis.
- Toggle the status line display for quick reference.
- Visual aids:
- The indicator provides a detailed table summarizing the current quarter and phase for each time frame.
- Visual lines mark key levels and phases to assist in decision-making.
Business Trend:
The indicator leverages a multi-time frame, phase-based approach to market analysis, reflecting a growing trend in trading tools that combine cyclical theories with precise visual aids to improve timing and accuracy in trading decisions.
Presenter / Source:
- The video is presented by TradingFinder, the official source of the Quarterly Theory ICT 02 Indicator.
Category
Business and Finance