Summary of 📥 Judas Swing ICT Setup 03 + (CHOCH, FVG) Indicator on TradingView - Free Download

The video presents a detailed tutorial on the ICT Style Swing Indicator Setup 03 along with the Change of Character (CHOCH) and Fair Value Gap (FVG) indicators, available for free on TradingView and other platforms via the Trading Finder website. This indicator setup is designed to assist traders in identifying key market structures and potential trade entries based on price action and session timeframes.

Main Financial Strategies and Concepts:

Session Time Range Marking: The indicator automatically marks specific time ranges for major market sessions (e.g., New York session 8:15-8:30 a.m. and 8:30-8:45 a.m. for Forex; 9:15-9:30 a.m. and 9:30-9:40 a.m. for stocks).
Breakout and Structure Identification: It identifies breakouts of highs/lows within these time ranges, signaling new market structure formations.
Change of Character (CHOCH): When price breaks a previous high or low and then reverses, indicating a potential trend change or breakout signal.
Order Blocks and Fair Value Gaps (FVG):
- Order Blocks: Marked as red bearish zones when bearish Order Blocks appear.
- Fair Value Gaps: Marked as orange zones indicating price inefficiencies that may act as support or resistance.
Trade Entry Signals: After a breakout signal, if the price returns to an identified order block or FVG zone, traders can consider entering buy or sell trades.

Indicator Customization and Settings:

Market Selection: Choose between Forex or stock markets to adjust session times accordingly.
Order Block Status: Enable/disable refined order block detection.
Risk Modes:
- Defensive Mode: Suitable for risk-averse traders; draws a conservative order block range.
- Aggressive Mode: Suitable for traders with higher risk tolerance; draws a wider order block range.
Mitigation Levels for Order Blocks and FVG:
- Proximal: Closest level to current price.
- 50% OB: Mid-range of the order block.
- Distal: Furthest level from the price.
FVG Filter Modes:
- Very Aggressive: Requires last candle max/min to exceed middle candles.
- Aggressive: Allows more FVGs including smaller middle candles.
- Defensive: Requires larger middle candles and matching candle trends for higher quality FVGs.
- Very Defensive: Adds additional filtering to avoid small or doji candles for the highest quality.
CISD (Change in Session Direction) Settings: Adjustable back-check period (default 5 candles) to confirm breakout signals.
Display Options: Toggle visibility and colors for Order Blocks, demand zones, FVGs, and CISD lines.
Time Adjustments: Customize session start/end times for Forex and stock markets, including order block and FVG identification windows.

Step-by-Step Guide to Using the Indicator:

Access and add the indicator on TradingView.
Select your market (Forex or stocks) to adjust session timeframes.
Observe the indicator marking session ranges and breakout signals.
Watch for CHOCH signals when highs or lows are broken and price reverses.
Identify Order Blocks and FVG zones highlighted on the chart.
Choose risk mode (defensive or aggressive) based on your trading style.
Set mitigation levels to define how the indicator treats Order Blocks and FVGs.
Enable FVG filters to refine the quality of FVGs shown.
Adjust CISD settings to control breakout signal sensitivity.
Toggle display options for clarity.
Use breakout signals combined with price returning to order block or FVG zones as potential trade entry points.

Presenters / Sources:

The tutorial is presented by the creator or instructor of the ICT Style Swing Indicator setup, presumably affiliated with the Trading Finder website and TradingView platform. No specific individual names are mentioned in the subtitles.

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