Summary of "馃拵Accumulation, Manipulation, and Distribution indicator MT4/MT5- [TradingFinder]"
The video presents the Accumulation, Manipulation, and Distribution (AMD) indicator based on the ICT (Inner Circle Trader) style, available for MetaTrader 4 and MetaTrader 5 platforms via the TradingFinder website. This indicator helps traders visually identify key market phases鈥攁ccumulation, manipulation, and distribution鈥攁cross three time frames directly on price charts.
Main Financial Strategies and Market Analysis:
- Accumulation Phase: Marked in red, this phase indicates where price consolidates over a specific period, suggesting that smart money or institutions are accumulating positions.
- Manipulation Phase: Occurs after accumulation, characterized by price movements designed to gather liquidity (often downward moves) before reversing. This phase reflects market manipulation to induce stop losses or trap retail traders.
- Distribution Phase: Follows manipulation, showing sharp upward price moves as positions are distributed or profits taken by larger players.
How the Indicator Works:
- Draws colored boxes on the chart to highlight the three phases.
- Operates on three different time frames simultaneously.
- Allows traders to visually track market phase transitions and potential liquidity zones.
- Has a single adjustable parameter to set the duration for displaying the AMD phases, defaulting to 5 days.
Methodology / Step-by-Step Guide to Use:
- Download the AMD indicator file from the TradingFinder website for MT4 or MT5.
- Load the indicator onto the chart via the Navigator section.
- Enable "Allow DLL import" when prompted to ensure the indicator functions correctly.
- The indicator automatically plots accumulation, manipulation, and distribution zones on the chart.
- Adjust the time duration parameter if needed to customize the historical range displayed.
Presenters / Sources:
- The tutorial is presented by the TradingFinder team, as indicated in the video and website references.
Category
Business and Finance