Summary of Indicator One Shot One Kill ICT on TradingView - Free - [TFlab]

The video explains the "ICT style One Shot One Kill" indicator available on TradingView, designed to assist traders by applying ICT (Inner Circle Trader) strategies focused on Liquidity Hunting, market structure, and precise price action analysis.

Main Financial Strategies and Market Analyses:

ICT Strategy Foundation: The indicator is based on ICT concepts such as Liquidity Hunting, discount and premium markets, and market structure changes.
Liquidity Hunting: The indicator identifies liquidity levels by plotting the previous day’s highs and lows on the price chart. It tracks price movement towards these levels to find liquidity pools.
Market Structure Changes: When price breaks liquidity levels and changes market structure, it signals potential trade entries.
Use of Fibonacci Retracement: After liquidity is hunted and a market structure change occurs, Fibonacci Retracement levels (especially 0.618 and 0.5) are used to time trade entries on pullbacks.
Entry and Exit Points: The strategy helps identify key entry and exit points based on the interaction with liquidity levels and Fibonacci retracements.

Access the indicator on TradingView by searching its name and adding it to favorites for quick access.
Once applied, the indicator plots previous day highs/lows and highlights liquidity levels.
Monitor price movements towards these liquidity levels (e.g., previous day’s high or low).
When price hunts liquidity and breaks market structure, draw Fibonacci Retracement levels.
Enter trades at key Fibonacci levels (0.618 or 0.5) after a pullback.
Use the indicator’s settings to customize:
- Number of candles to identify CISD (Current Inside Swing Day) levels (default 5).
- Validity time for CISD levels in candles (default 25).
- Liquidity swing pivot period (default 50) to adjust sensitivity to short or long-term swings.
- Maximum candles to check in the past (default all or custom with default 100).
- Enable/disable and customize colors for support/resistance and liquidity levels.
Save settings after customization.

Customizable inputs for tailoring the indicator to different trading styles.
Visual aids for liquidity, support/resistance, and market structure.
Free availability on TradingView, making it accessible to a wide range of traders.

The tutorial is presented by TFlab, as indicated in the video title and content.

— 00:00 — « No notable quotes »