toodegrees

ICT Anchored IPDA Ranges

toodegrees Actualizado   
This script is an anchored variation of my "ICT IPDA Look Back" script. Similarly, it calculates ICT's daily IPDA look back time intervals and their respective discount / equilibrium / premium; however, it also applies the Forward Cast IPDA daily ranges.

The Forward Cast can be used to estimate the time at which IPDA might initiate a change in institutional order flow. This depends on several factors such as time of the year, and time of daily structure break.

> IPDA Basics:
  • IPDA stands for Interbank Price Delivery Algorithm. Said algorithm appears to be referencing the past 20, 40 , and 60 days intervals as points of reference to define ranges and related PD arrays.
  • Intraday traders can find most value in the 20 Day Look Back box, by observing imbalances and points of interest.
  • Longer term traders can reference the 40 and 60 Day Look Back boxes for a clear indication of current market conditions.


Thanks to @atradesdaily for the suggestion.
Notas de prensa:
- Added color customization for the Forward Cast, minor bug fixes.
Notas de prensa:
Cosmetics: Added a Line for Equilibrium instead of using the boxes for better visualization and customization; removed border of Cast Forward.
Notas de prensa:
Added option to display Lower Time Frame IPDA Lookbacks and Cast Forwards

homo faber fortunæ suæ
Script protegido
Este script se publica con código cerrado, pero puede utilizarlo libremente. Márquelo como favorito y podrá usarlo en un gráfico. El código fuente no se puede ver ni modificar.
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.

¿Quiere utilizar este script en un gráfico?