Summary of "🐍 ICT Venom Trading Model Indicator in TradingView – Free – [TradingFinder]"

Summary of ICT Venom Trading Model Indicator (TradingFinder) – Finance-Specific Content

Assets, Sectors, and Markets

The indicator is designed primarily for intraday trading on price charts available on TradingView. While no specific tickers or asset classes are explicitly mentioned, the methodology is applicable to markets that follow New York session hours, such as:

US equities
Futures
Forex

Methodology / Trading Framework

Timeframe: Focuses on the first hour of the New York trading session (8:00 a.m. to 9:30 a.m. New York time).
Core Concept: Formation of a “Venom Box” range during 8:00–9:30 a.m.
Liquidity Sweep: After market open (9:30 a.m.), price typically sweeps the high or low of the Venom Box to collect liquidity.
Structure Change Signals:
- MSS (Market Structure Shift)
- CISD (Change in State of Delivery)
Zones Identified:
- FBG (Fair Value Gap) zones
- Order Blocks (also called order blacklist zones)
Trade Entry:
- Enter buy/sell positions on pullbacks to FBG or order block zones after liquidity sweep and structure shift.
- Stop loss is placed behind the identified zone.
- Take profit targets are set at the session high or previous day’s high.
Example Scenarios:
- Liquidity sweep followed by CISD and order block identification leads to trade entries.
- If liquidity sweep or pullback to order block does not occur, no trade or a failed setup results.

Indicator Settings and Customization

Order Block Refinement Modes:
- Defensive
- Aggressive
Mitigation Levels for Order Blocks:
- Proximal (closest to price, default)
- 50% OB (midpoint)
- Distal (farthest from price)
FVG (Fair Value Gap) Filter Modes:
- Very Aggressive
- Aggressive
- Defensive
- Very Defensive (strictest filtering)
FVG Mitigation Levels: Proximal, 50% OB, Distal (similar to order blocks)
CISD Back Check Bars: Default is 5 bars look-back to detect CISD.
Visual Display Options:
- Enable/disable order block demand and supply zones with customizable colors.
- Enable/disable FVG demand and supply zones with customizable colors.
- Enable/disable CISD zones with customizable display and colors.
Session Settings:
- Set opening time of the Venom Box range (default 8:00 a.m. to 9:30 a.m.).
- Set trading permit time.
Status Line Display: Option to show or hide input values.

Key Numbers and Timelines

Venom Box range: 8:00 a.m. – 9:30 a.m. (New York time)
Market open: 9:30 a.m.
CISD detection: 5 candles look-back by default

Recommendations and Cautions

The indicator is designed specifically for intraday trading during the New York session.
Trade entries rely on liquidity sweeps, structure breaks, and zone pullbacks.
Stop loss and take profit levels are clearly defined to support risk management.
Users can customize the sensitivity and strictness of zone detection to fit their trading style.
No explicit financial advice or guarantees on performance are provided.

Disclaimers

No explicit disclaimers are stated, but it is implied that this tool should be used with trader discretion.

Presenters and Sources

The video and indicator are produced by TradingFinder.
No individual presenter names are provided.

This summary captures the finance-specific content related to the ICT Venom trading model indicator, including its methodology, settings, and practical application for intraday trading during the New York session.