Summary of Macro ICT Indicator for MetaTrader 4 /5 📥Download - Free - [TradingFinder]

The video provides a tutorial on the Macro ICT Indicator available for MetaTrader 4 and 5, detailing how to download, install, and utilize the indicator effectively. The main focus is on the indicator's functionality, which helps traders identify macro ranges such as Accumulation, Manipulation, and Distribution/Expansion during trading sessions.

Key Financial Strategies and Features:

• Indicator Installation:
  • Download the indicator file from the Trading Finder website.
  • Drag the indicator onto the trading chart.
  • Enable "Allow DLL Imports" and confirm the installation.
• Indicator Functionality:
  • The indicator visualizes macro ICT ranges, highlighting different market phases:
    • Accumulation
    • Manipulation
    • Distribution/Expansion
  • Specific examples are provided for the London and New York trading sessions, with different modes for each.
• Settings and Customization:
  • Display settings allow for three themes: Dark, Light, and Auto.
  • Time settings can be adjusted for both London and New York sessions.
  • Default calculation range is set to 3 days, with options to show/hide text labels based on specific market sessions.
• Backtesting Adjustments:
  • Users can adjust for time differences in backtest mode by entering the difference in seconds.

Methodology/Step-by-Step Guide:

1. Download the Macro ICT Indicator from the Trading Finder website.
2. Drag the indicator file onto your MetaTrader 4 or 5 chart.
3. Enable "Allow DLL Imports" in the settings.
4. Confirm the installation.
5. Customize display settings (choose theme, enable/disable text labels).
6. Adjust time settings for London and New York sessions as needed.
7. For backtesting, adjust the time difference in seconds if necessary.

Presenters/Sources:

• TradingFinder

Notable Quotes

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Category

Business and Finance

Video