Summary of CISD - CSD + Price Gap Openings Indicator MT4/5 - Download - [TradingFinder]

The video presents the CISD - CSD + Price Gap Openings Indicator available for MetaTrader 4 and 5 platforms via the TradingFinder website. This indicator is designed to help traders identify opening price gaps and CISD level breakouts on price charts, which are critical for making informed trading decisions, especially for ICT (Inner Circle Trader) level traders.

Main Financial Strategies and Market Analyses:

The indicator detects opening gaps on price charts and highlights areas where price gaps occur at market open.
It identifies CISD levels by analyzing price action, specifically looking for a sequence where bearish candles are followed by a bullish candle, marking a potential breakout point.
When price reaches and breaks these CISD levels, it generates bullish or bearish breakout signals that traders can use to enter trades aligned with the trend.
The tool helps traders capitalize on breakouts following opening gaps, which are often strong market moves.

Methodology / How to Use the Indicator:

Download and install the indicator file for MT4 or MT5 from the TradingFinder site.
Load the indicator from the Navigator section and drag it onto the price chart.
Enable the “Allow DLL Imports” option in the indicator settings to ensure full functionality.
Once applied, the indicator automatically searches for and draws opening gap areas on the chart.
Use the input settings to customize:
- Display status of validated opening gaps (cut or delete mode).
- Enable or disable the display of new daily opening gaps.
- Set the maximum number of CISD levels to identify (default is 5).
- Choose the color for new daily opening gaps.
The CISD breakout logic involves checking price movement backward by five candles to confirm bearish momentum followed by a bullish candle, marking a CISD level.
A breakout above this level triggers a trade signal for entering an upward trend.

Business Trend:

The indicator reflects a growing trend in using automated technical tools that integrate price gap analysis and breakout detection to enhance precision in trading decisions.
It caters to traders who focus on price action and market structure, particularly those following ICT methodologies.

Presenters / Sources:

The video is presented by TradingFinder, the platform offering the indicator and tutorial.

This summary encapsulates the indicator’s purpose, usage instructions, and the trading strategy it supports, aimed at improving breakout trade entries using price gap analysis.

Notable Quotes

— 01:27 — « After that a bullish CISD breakout signal was issued allowing traders to enter a trade after the candle closed and join an upward Trend. »

— 03:43 — « A bullish candle is identified which marks a CISD level for us in this section and with the price movement and breaking of this level it signals a signal for us. »

— 03:54 — « Well friends we have reached the end of this indicator tutorial we would be happy if you share your comments what and suggestions with us in the comment section. »