Summary of 📊🚀Twitter Model ICT Indicator on TradingView - Free - [TFlab]
The video discusses the ICT style Twitter model indicator available for use on TradingView. This indicator is designed to assist traders in analyzing price movements between external and internal liquidity, particularly in lower time frames.
Key Features of the Twitter Model Indicator
- Market Structure Shift (MSS): A fundamental concept for identifying entry points based on shifts in market structure.
- Smart Money Technique (SMT): Used in conjunction with MSS to generate buy or sell signals.
- Change in State of Delivery (CISD): Helps to identify liquidity levels, specifically daily highs (PDH) and daily lows (PDL).
- Time Frame Usage: The indicator utilizes the 1-hour time frame for the fwg identifier and the 15-minute time frame for confirming entries.
- Signal Generation: Traders can enter trades based on signals generated from price movements and divergence analysis.
The video also provides a detailed guide on how to access and configure the indicator, including:
- Adding the indicator to favorites for quick access.
- Customizing settings such as the number of candles for identifying political levels, the validity period for these levels, and the selection of trading sessions (e.g., London, New York).
- Adjusting symbols for SMT comparisons and setting time zone preferences.
Finally, the tutorial emphasizes the importance of enabling or disabling various display options for better visualization of significant price levels and divergences.
Main Speakers/Sources
- The video is presented by TFlab, focusing on the ICT model and trading strategies.
Notable Quotes
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Category
Technology