Summary of 📥 ICT 2022 Model Indicator for MetaTrader 4&5 - Free Download - [TradingFinder]
The video presents the ICT 2022 Model Indicator designed for MetaTrader 4 and 5 platforms, available for free download on the TradingFinder website. The indicator is used on price charts to identify key market patterns and signals, aiding traders in making informed entry and exit decisions.
Main Financial Strategies and Market Analyses Presented:
- Swing Failure Patterns (SFPs): The indicator detects SFPs, which occur when price breaks a level but reverses after a few candles, signaling potential market reversals.
- Change of Character (ChoCH): Identifies shifts in market behavior by tracking price movements from highs to lows or vice versa, signaling trend changes.
- Fair Value Gaps (FVG): The indicator highlights unused price gaps where price is expected to return and react, providing potential entry points.
- Sweeps: Detects liquidity gathering moves where price breaks support or resistance levels temporarily before reversing, helping traders spot stop hunts or liquidity grabs.
- Liquidity Lines: Tracks areas where price accumulates liquidity before making significant moves.
- Profit Signals: Buy and sell signals are generated based on the combination of the above patterns and price behavior relative to FVGs and swing levels.
Methodology / Step-by-Step Guide for Using the Indicator:
- Download and install the ICT 2022 Model Indicator file from the TradingFinder website for MetaTrader 4 or 5.
- Load the indicator from the Navigator section in MetaTrader and apply it to the chart.
- Enable the “Allow DLL Imports” option in the indicator settings to ensure full functionality.
- Use the indicator on the chart to identify:
- Swing Failure Patterns (SFPs)
- Change of Character (ChoCH)
- Fair Value Gaps (FVGs)
- Sweeps and liquidity lines
- Interpret signals:
- A buy signal is issued when price closes above the FVG after a Change of Character.
- A sell signal is issued when price closes below the FVG after a swing failure or sweep.
- Customize display settings:
- Choose chart themes: dark, light, or auto (which changes candle colors based on bullish or bearish moves).
- Adjust the maximum number of candles the indicator analyzes (default is 5,000).
- Enable or disable buy and sell signals as preferred.
Business Trend:
The video promotes the integration of advanced price action concepts (like SFP, ChoCH, and FVG) into automated tools to enhance trading efficiency and decision-making, reflecting a trend toward combining traditional technical analysis with algorithmic aids.
Presenter / Source:
The tutorial is presented by TradingFinder, the platform providing the indicator and the instructional content.
Notable Quotes
— 03:03 — « A change of character has been formed which means a change in Market Behavior. »
— 03:41 — « The sweep limits are the levels the price breaks gathering liquidity below or above support or resistance levels; this is identified as a sweep and is displayed with a signal. »
— 04:36 — « With the price returning to the FVG range and moving and closing above the FVG level, a Buy Signal is issued for us. »
— 05:25 — « By selecting the auto option only the colors of the candles change with profit candles turning bright green and bearish candles turning bright red. »
— 06:20 — « All right friends, we've reached the end of this indicator tutorial; we would love to hear your comments and suggestions in the comments section. »
Category
Business and Finance