Summary of 🎯CISD-CID + BPR Combined Indicator in ICT Style MT4/5 Download - Free - [TFlab]

Summary of Video: 🎯CISD-CID + BPR Combined Indicator in ICT Style MT4/5 Download - Free - [TFlab]

Technological Concepts & Product Features:

• CISD, CID, and BPR Indicators:
  These are specialized trading tools designed for the ICT (Inner Circle Trader) style, aimed at identifying price reversal levels and generating buy/sell signals on trading charts.
• Platform Compatibility:
  Available for MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. Users can download the indicator files from the Trading Finder website and apply them to their charts.
• Installation & Setup:
  • Indicators are loaded via the Navigator section in MT4/MT5 by dragging the file onto the chart.
  • Users must enable the "Allow DLL Imports" option in the command settings for the indicator to function properly.
• Indicator Functionality:
  • Once applied, the indicators draw specific levels on the chart and identify buy and sell signals.
  • The indicators focus on identifying BPR levels (formed by the intersection of bearish and bullish affinities).
  • These BPR levels represent price zones where reversals or trading opportunities are likely.
• Settings & Customization:
  • Display Settings: Users can choose between Dark, Light, or Auto themes for the chart template and candle colors.
    • Dark theme applies a dark template.
    • Light theme applies a light template.
    • Auto theme changes candle colors dynamically (bullish candles to bright green, bearish to bright red).
  • BPR Settings: Users can enable or disable the display of BPR levels and signals. By default, BPR is enabled.
  • CISD Limit: Default set to 4, this setting controls the number of candles counted after a BPR level is consumed to identify breakout signals.
• Trading Signal Logic:
  • A BPR level is identified when price moves downwards consuming a bearish affinity or upwards consuming a bullish affinity.
  • When the price breaks the opening price level of the last bullish or bearish candle (the breakout level), buy or sell signals are generated.
  • The indicator counts four candles after the BPR level consumption to confirm breakout signals.
• Examples & Use Cases:
  The video demonstrates how the indicator marks bullish and bearish affinities, identifies BPR levels, and generates corresponding buy/sell signals based on price action and breakout confirmation.

Guides & Tutorials:

• Step-by-step instructions on downloading, installing, and setting up the indicators on MT4/MT5.
• Explanation of all input settings, including theme selection and BPR enablement.
• Detailed walkthrough of how the indicator interprets price action to generate trading signals.
• Visual examples of BPR levels and breakout signals on live charts.

Call to Action:

• Viewers are encouraged to share comments and suggestions in the video’s comment section for further interaction.

Main Speaker / Source:

• The tutorial is presented by the team or individual associated with TFlab, the creators or distributors of the CISD, CID, and BPR indicators tailored for ICT style trading.

Notable Quotes

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Technology

Video