Summary of "⚡️ICT ADR Levels and Zones indicator for MT5/4 Download – Free – [TradingFinder]"
The video introduces the ICT ADR Levels and Zones indicator available for MetaTrader 4 and 5, downloadable from the TradingFinder website. This indicator is designed for ICT (Inner Circle Trader) style traders to identify key swing points and liquidity zones based on Average Daily Range (ADR) calculations.
Main Financial Strategies and Market Analysis Presented:
- The indicator calculates the average high and low prices over the past five trading days.
- It then plots ADR levels for the current trading day, including:
- Full ADR level (red dotted line)
- Half ADR level (sky blue dotted line)
- One-third ADR level (green dotted line)
- Traders use these levels to spot swing points and liquidity grabs.
- After liquidity is collected around these levels, traders can enter buy or sell trades, particularly during the London and New York trading sessions.
- The indicator helps to anticipate market reversals or continuation trends following liquidity grabs near ADR levels.
Methodology / How to Use the Indicator:
- Download the ICT ADR Levels and Zones indicator file from TradingFinder for MT4 or MT5.
- Load the indicator onto your chart via the Navigator section by dragging the file onto the chart.
- The indicator automatically calculates and draws the ADR levels without requiring any user settings.
- Observe price action relative to the ADR levels to identify potential swing points.
- Enter trades after liquidity grabs near these levels, aligned with session timings (London/New York).
Presenters / Sources:
- The video is presented by the TradingFinder team.
Category
Business and Finance