ICT-Style Trade Scoring with Sweeps, Trend Filters, and Fair Value Gaps

Summary

The document presents a Pine Script strategy that scores potential long and short trades using higher-timeframe bias, moving-average trend, liquidity sweeps, displacement, market-structure shifts, fair value gaps, price location within a recent range, and session timing. It also includes ATR activity filtering, a cooldown setting, daily trade limits, and a minimum score parameter. The stated objective is frequent daily trading, but the title’s trade-frequency and win-rate target are not supported by reported performance results.

The visible code describes how indicators and component scores are calculated, then begins a reversal engine based on sweeps and discount pricing. The source ends partway through that logic, so the complete entry, exit, and risk-management rules cannot be assessed. No backtest period, market, transaction-cost assumptions, or measured results are provided in the supplied text. Treat the advertised target as unverified, and regard the partial code as insufficient to reproduce or evaluate the full strategy.

Key ideas

• The strategy combines higher-timeframe direction and local moving-average alignment with ICT-inspired price-action signals.
• It assigns weighted points to sweeps, displacement, structure breaks, fair value gaps, range location, and session eligibility.
• ATR conditions, cooldown bars, and a daily trade cap are included as configurable filters or limits.
• The supplied source is truncated before the full trading and exit logic appears, and it provides no performance evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.