A Closed-Bar ICT Session Sweep and FVG Confirmation Indicator
Summary
This MT5 indicator tracks up to three configured symbols and analyzes completed Asian and London session ranges, using M5 as its default internal timeframe. A session sweep alone does not qualify: the described sequence requires a sweep, a close through a confirmed pre-sweep swing to establish a market structure shift, directional displacement, a same-direction three-candle fair value gap, and a later closed-bar retest that closes beyond the gap midpoint. The setup is invalidated if price breaks the frozen sweep extreme after the shift.
Only completed setups receive a confluence score and projected entry, stop, and targets. The score is explicitly not a probability of profit; tick volume contributes only a small bonus. The indicator does not execute trades, and its economic-calendar display does not change validation or trade levels. It describes internal audit rules, including treating same-bar stop and target ambiguity conservatively, but supplies no independent performance evidence. Results depend on broker session times, available symbols, and the model’s assumptions.
Key ideas
- A sweep of a completed session range is only the first event in the required setup sequence.
- Confirmation requires a market structure shift, displacement, a directional fair value gap, and a later retest.
- Breaking the frozen sweep extreme after the structure shift invalidates the setup.
- The confluence score summarizes the model’s criteria and is not a win probability.
- The indicator displays trade projections but does not place or manage orders.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.