Summary of Turtle Soup Indicator in ICT Style for MetaTrader 5/4 Download - Free
The video discusses the Turtle Soup Indicator in ICT style for MetaTrader 4 and 5, available for download on the Trading Finder website. The tutorial covers how to install and use the indicator, which helps traders identify fair value gaps (FWG) and ranges during different trading sessions (London, Tokyo, New York).
Key Features:
- Installation: Users can download the indicator file and drag it onto their chart after enabling the "allow dealers to sell this port" option.
- Functionality: The indicator draws high and low ranges for each trading session and identifies FWGs. It changes color based on price movements, indicating potential resistance or support levels.
- Customization Options:
- Display Settings: Users can choose between dark, light, and auto themes for the chart.
- Market Time Display: Options to enable or disable the display of different market sessions (Tokyo, London, New York).
- Fibonacci Settings: Users can adjust Fibonacci levels and their display.
- Backtesting Settings: Important for aligning backtest time with GMT.
The indicator is particularly beneficial for session traders and those following the ICT trading style, as it allows for easier identification of trading opportunities based on session dynamics.
Main Speakers/Sources:
- The video does not specify individual speakers but appears to be a tutorial from the Trading Finder platform.
Notable Quotes
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Category
Technology