Summary of Turtle Soup Indicator in ICT Style for MetaTrader 5/4 Download - Free
The video discusses the Turtle Soup Indicator in the ICT style, available for download on the Trading Finder website for MetaTrader 4 and 5 platforms. It provides a tutorial on how to install and use the indicator effectively on trading charts.
Key Features and Functionality:
- Installation: Users can drag the indicator file onto their charts after ensuring the "allow DLL imports" option is checked.
- Indicator Visualization: The indicator displays two types of zigzag lines (minor and major) in different colors (green for major, dotted for minor).
- Signal Generation:
- buy signals: Triggered by price pullbacks and breakouts, particularly when the price returns to specific ranges.
- sell signals: Generated when the price retraces to order block ranges or hits retracement levels.
Settings:
- Display Options: Users can choose between dark, light, and auto themes for the chart display.
- Zigzag Trend Settings: Options to enable or disable the display of minor and major zigzag trends, along with internal and external signal statuses.
- Customization: Users can adjust settings for the type of zigzag trend and the display of signals.
Conclusion:
The video concludes with an invitation for viewers to share their comments and suggestions regarding the indicator tutorial.
Main Speakers/Sources:
The video does not specify individual speakers but refers to the Trading Finder website as the source for the Turtle Soup Indicator.
Notable Quotes
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Category
Technology