Summary of 📥 Judas Swing Indices Without Confirmation Indicator (ICT) in MT4&5 free_Download [Tradingfinder]

The video presents the Separate Swing Index Without Confirmation Indicator, designed for MetaTrader 4 and 5 platforms, available for free download on the Trading Finder site. This indicator is tailored for ICT (Inner Circle Trader) style traders to identify market swings and potential trade signals efficiently.

Main Financial Strategies and Market Analyses:

Swing Identification Based on New York Session:
The indicator identifies separate swings by analyzing price action from the New York session's opening to its close, focusing on a 15-minute timeframe.
Breakout Levels Using Zigzag Lines:
It uses Zigzag Lines to mark short-term and long-term major swing levels (ceiling and floor), helping traders spot breakout points.
Order Block and Change of Character (CISD) Detection:
The indicator detects order blocks during the New York session and identifies changes of character (CISD) in market structure, signaling potential trend reversals or continuations.
Signal Generation Process:
1. Identify ceiling and floor swing levels based on the New York session.
2. Detect the first breakout of ceiling or floor.
3. Wait for a CISD (Change of Character) to confirm the breakout.
4. After confirmation, wait for a price pullback to the order block or fair value gap (FVG) area.
5. Enter trade upon candle closing outside the order block area.
6. Set stop loss at the previous swing level.
7. Set take profit at the next significant level for a favorable risk-reward ratio.
Difference from Confirmation Indicator:
This version does not require price validation via return to order block or inefficiency zones before signaling, unlike the "wide confirmation" version which waits for candle close outside the range for signal confirmation.

Download and load the indicator file into MetaTrader 4 or 5.
Enable "Allow DLL Imports" in the common settings when applying the indicator.
The indicator automatically switches to a 1-minute timeframe internally for calculations.
Observe plotted swings, breakout signals, and CISD markers on the chart.
Adjust New York session start/end times and server GMT offset in the settings for accurate session timing.
Use the dark template option for better visual clarity.
Use the signals for entry, stop loss, and take profit placement based on the identified swings and order blocks.

The indicator supports ICT trading methodology, emphasizing structured market analysis and precise entry/exit points, reflecting a trend towards automated and semi-automated tools for technical trading strategies.

The tutorial is provided by the Trading Finder channel, focusing on ICT style trading tools and indicators.

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