Summary of "🎯 Quarterly Theory ICT 05 Indicator in TradingView – [TradingFinder]"
The video presents a detailed overview of the Quarterly Theory ICT 05 Indicator (version 3F5) available on TradingView via the TradingFinder website. This indicator is designed to assist traders in analyzing price action, market structure, and institutional activity using advanced concepts from the Inner Circle Trader (ICT) methodology.
Main Financial Strategies and Market Analyses Presented:
- ICT95 Short-Term Theory:
- Divides the market into two main phases: Doubling One (quarters 1 & 2) and Doubling Two (quarters 3 & 4).
- Each quarter represents a distinct market phase:
- Q1: Accumulation
- Q2: Price Manipulation
- Q3: Distribution
- Q4: Continuation or Reversal
- Uses correlation between two symbols (e.g., NASDAQ and S&P 500) to identify Smart Money Techniques (SMT) divergences, liquidity sweeps, and key liquidity zones.
- Identifies institutional activities and potential entry/exit points based on these phases and cross-asset signals.
- Smart Money Concepts (SMT) and Liquidity Sweeps:
- The indicator detects divergences between correlated assets (e.g., one asset making a higher high while the other fails to do so) to highlight liquidity zones and probable market turning points.
- Liquidity sweeps occur in the second phase to capture remaining liquidity and allow institutional order execution.
- Cycle and Quarter Analysis:
- The market is analyzed in multiple time cycles (yearly, monthly, weekly, daily, 90-minute, micro 22-minute), each subdivided into four quarters for granular timing and structure analysis.
- Examples include:
- Yearly cycle: four seasons as quarters
- Monthly cycle: four weeks as quarters
- Weekly cycle: Monday to Thursday as quarters (Friday excluded)
- Daily cycle: major market sessions as quarters (Asia, Sydney, London, New York)
- Shorter cycles for intraday precision.
Step-by-Step Guide to Using the Indicator:
- Access and Apply the Indicator:
- Search for the indicator on TradingView under the indicator section.
- Add it to favorites for quick access.
- Apply it to the chart.
- Configure Settings:
- Select the main trading symbol and a correlated symbol (e.g., NASDAQ and S&P 500).
- Choose the cycle quarter type (yearly, monthly, weekly, daily, 90-min, micro).
- Set pivot calculation period (default 3) to define swing highs/lows (higher values identify major pivots, lower values minor pivots).
- Set pivot sync threshold (max candle difference allowed when comparing pivots between two assets).
- Set pivot validity period (default 30 candles) after which divergence is considered invalid.
- Enable or disable visual displays of cycles, labels, bullish/bearish SSMT lines and labels, liquidity high/low lines and labels, and SMT lines with color customization.
- Configure alert settings including alert message frequency (all, once per bar, per bar close), time zone, and alert naming.
- Interpret Indicator Outputs:
- Watch for SMT divergences between correlated symbols to identify liquidity zones.
- Monitor liquidity sweeps in quarters 3 and 4 for potential trade entries (buy or sell).
- Use cycle and quarter breakdowns to time market phases and anticipate accumulation, manipulation, distribution, or continuation/reversal.
Business Trend:
- Integration of smart money concepts and multi-asset correlation into a single comprehensive indicator for enhanced institutional-level market analysis.
- Providing traders with customizable, multi-timeframe cycle analysis to better time entries and exits.
- Emphasis on automation and alert systems to facilitate timely decision-making.
Presenters / Sources:
- The tutorial is provided by TradingFinder, showcasing the Cortelli Theory ICT Indicator version 3F5 on TradingView.
- No individual presenter names are mentioned in the subtitles.
Category
Business and Finance