Summary of 💎Premium & Discount ICT Indicator for MT4/5 Download - Free - [TradingFinder]💎

The video presents the Premium and Discount Indicator designed for ICT (Inner Circle Trader) style trading, available for MetaTrader 4 and 5 platforms via the Trading Finder website. This indicator helps traders identify premium (overvalued) and discount (undervalued) price areas on charts, enhancing specialized market analysis.

Main Financial Strategy and Market Analysis:

The indicator uses zigzag lines to mark movement legs on price charts.
It identifies premium areas (marked with a "P" label and shown in red) and discount areas (marked with a "D" label and shown in blue).
The 50% level of each movement leg is indicated by a black line, separating premium and discount zones.
Traders can analyze price action more precisely by observing these zones, which helps in making better entry and exit decisions based on ICT methodology.

How to Use the Indicator (Step-by-Step):

Download the indicator file for MT4 or MT5 from the Trading Finder website.
Open the Navigator section in MetaTrader.
Drag and drop the indicator file onto the chart.
Enable "Allow DLL Imports" in the command section and confirm.
The indicator will automatically draw zigzag lines and label premium and discount areas.
Click on the "P" or "D" labels to view detailed premium and discount zones and the 50% level.
Customize the zigzag line color in the input settings if desired.

Business Trend:

The video reflects a growing trend of providing free, downloadable custom indicators tailored to specific trading methodologies (like ICT), supporting retail traders in technical analysis.

Presenter/Source:

Trading Finder (no individual presenter named)

Notable Quotes

— 01:09 — « Allow the premium and discount indicator to identify the premium and discount areas for each movement leg, giving ICT Traders the ability to conduct more specialized analyses on the price chart. »

— 01:55 — « You can see the 50% level of the movement leg marked with a black line where the premium and discount areas separate from each other. »

— 03:00 — « Well friends, we've reached the end of this indicator tutorial. We would be happy to have you share your comments and suggestions with us in the comments section. »