Summary of "馃搳 Quarterly Theory ICT Indicator on TradingView - Free - [TradingFinder]"
The video presents the Quarter Theory ICT Indicator, a free trading tool available on TradingView via the TradingFinder website. This indicator is designed to assist traders, especially those following the ICT (Inner Circle Trader) style, by dividing market price action into four distinct Quarterly Phases across multiple time frames, facilitating detailed fractal and Multi-Timeframe Analysis.
Main Financial Strategies and Market Analysis Concepts:
- Quarterly Phases: The indicator divides market cycles into four phases, each representing a different market condition:
- Q1 (Accumulation): Market consolidation and range-bound behavior.
- Q2 (Manipulation/True Open): Start of the trend, potential price manipulation, and identification of the true market direction.
- Q3 (Distribution): Peak volatility and price spread, with significant price movements.
- Q4 (Continuation or Reversal): Trend continuation or reversal becomes apparent, aiding in decision-making for trade exits or entries.
- Multi-Timeframe Analysis: The indicator displays these Quarterly Phases across various time frames including yearly, monthly, weekly, daily, 90-minute, and micro (1-minute) intervals, allowing traders to perform fractal and layered analysis.
- Market Session Breakdown: Weekly quarters correspond to market days (Monday to Thursday), excluding Friday, while the 90-minute cycle is subdivided into four 22-minute phases, reflecting finer intraday timing.
Methodology / How to Use the Indicator:
- Accessing the Indicator:
- Search for "Quarter Theory ICT Indicator" in TradingView鈥檚 indicator section.
- Add it to favorites for easier future access.
- Apply it to your chart to start viewing Quarterly Phases.
- Visual and Analytical Features:
- By default, micro quarter phases (1-minute timeframe) display on the chart.
- A table on the top right aggregates quarter statuses for yearly, monthly, weekly, and daily cycles.
- The indicator shows labels and phases visually on the chart or in a lower panel window, which can be toggled on or off.
- Settings and Customization:
- Enable or disable quarterly cycles individually (yearly, monthly, weekly, daily, 90-minute, micro).
- Control visibility of phase labels and cycle displays either on the chart or in the lower window.
- Customize the display of the analytical table, including supplementary information indicating the phase type (accumulation, manipulation, distribution, continuation/reversal).
- Adjust input display settings within the status line (currently no data shown).
- Trading Application:
- Traders can use the indicator to identify market phases and optimize trade entries and exits.
- Multi-timeframe and fractal analysis support helps in understanding price behavior at different scales.
- The tool is especially useful for ICT-style traders aiming to decode market manipulation and trend phases.
Presenters / Sources:
- The tutorial is presented by TradingFinder, as indicated by the video title and content.
- No individual presenter names are mentioned in the subtitles.
Category
Business and Finance