An ICT Chart Indicator for Structure, Imbalances, Liquidity, and Sessions
Summary
This chart indicator groups several Inner Circle Trader concepts into optional display modules. It identifies market structure shifts and breaks of structure from swing points, marks fair value gaps and implied gaps, and locates order blocks from candles preceding a structure break. It also scans recent pivots for clustered highs or lows as possible liquidity zones, marks gaps between adjacent candle bodies as volume imbalances, and flags large-bodied displacement candles. Session killzones add configurable time-window shading.
The description explains the detection rules and key settings, including separate lookbacks for structure and order blocks, an ATR-based tolerance for liquidity clusters, and session times that should be adjusted to broker time. It describes chart annotation behavior and state tracking, but supplies no empirical evidence that these concepts predict price moves or improve trading results. The levels and labels are heuristic interpretations of price data, and their usefulness depends on parameter choices, instrument, timeframe, and session configuration. The indicator is a visualization tool rather than a tested entry or risk-management system.
Key ideas
- Market structure shifts and breaks are detected when price closes beyond confirmed swing levels.\nFair value gaps, implied gaps, and order blocks are drawn from candle and swing relationships.\nClusters of swing highs or lows are treated as potential liquidity zones using an ATR-based tolerance.\nVolume imbalances, displacement candles, and configurable session windows provide additional chart annotations.\nThe document describes indicator rules but provides no evidence of predictive performance.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.