Summary of 💰Judas Swing ICT Forex With Confirmation Indicator MT4/5 - [TradingFinder]💰
The video presents the Judas Swing ICT Forex Swing Separator Indicator with Confirmation designed for MetaTrader 4 and 5 platforms, available on the TradingFinder website. This indicator is tailored for ICT (Inner Circle Trader) style traders to identify swing points and generate buy/sell signals based on price action around the New York trading session.
Main Financial Strategies and Market Analysis:
- The indicator focuses on swing high and swing low breakouts during the first 15 minutes of the New York session.
- It issues a first signal when price breaks the swing high or low.
- After the breakout, the indicator waits for a Change of Character (CH) or Change in State of Delivery (CISD) to confirm a reversal or continuation, issuing a second signal.
- The tool monitors price pullbacks into order block ranges or fair value gaps (FWG) after the CH/CISD, signaling potential trade entry points.
- Users can customize session start and end times, as well as backtest settings to align with their broker’s GMT and server time.
Methodology / Step-by-Step Guide:
- Download and install the indicator on MT4/MT5 from TradingFinder.
- Apply the indicator by dragging it onto a chart, which switches the timeframe to 1 minute.
- Observe the indicator identifying swing highs/lows during the first 15 minutes of the New York session.
- Wait for the breakout of these swings to receive the first buy/sell signal.
- Look for a Change of Character (CH) or CISD to confirm the trend and receive a second signal.
- Monitor price pullbacks into order blocks or FWG zones for optimal trade entries.
- Adjust session start/end times and backtesting parameters as needed in the indicator settings.
Presenters / Sources:
- TradingFinder (the tutorial and indicator provider)
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Category
Business and Finance