dmn's ICT Toolkit

This is my quality of life indicator for forex trading using the methods and concepts of ICT.
The idea is to automate marking up important price levels and times of the day instead of doing it manually every day.


Killzones

• Marks the most volatile times of the day on the chart, during which the intraday high/low usually takes place.
  
• Particularly impactful when there's news released during these times.
  
• London Open (02:00-05:00 EST)
  
• New York Open (08:30-11:00 EST)
  
• London Close (10:00-11:30 EST)
  

True Day delineation

• Vertical line at the start of the "true day" (00:00 EST), start of the algorithmic trading day and aids in visualizing the intraday direction.
  

New York midnight price level

• Noteworthy price level at the start of the "true day".
  
• This price level is referenced by the interbank trading algorithms during the day. Buy below it on bullish days, sell above it on bearish days.
  

Daily open price level

• Reference level for optimal trade entries. Buy below it on bullish days, sell above it on bearish days.
  

Central Banks Dealers Range (CBDR) (14:00-20:00 EST) &
Central Banks Dealers Flout (CBDF) (15:00-24:00 EST) &
Asian Range (AR) (20:00-24:00 EST)

• The standard deviation lines available are used to make predictions for short-term future highs/lows when the CBDR and AR are smaller than 40 pips.
  
• Trade them by looking for 5/15min key levels that converge with the projection levels.
  

X days Average Daily Range (ADR)

• Default to 5 days back, gives an idea of how much movement to expect intraday when the ADR high/low is converging with CBDR/CBDF/AR standard deviations.
  

Current Daily Range (CDR)

• Used for comparison against the ADR to help determine if there's enough intraday range left to enter a trade.
  
• Dynamically changes color based on percentage of the ADR. Green below 50% of ADR, orange between 50 and 100%, red when CDR exceeds ADR.
  
  All of the above are used in conjunction with each other and higher timeframe levels of importance to find entries and target.
  
  Note: Preferably use New York's time zone for your charts.

Notas de prensa:

Added Asian Killzone

Notas de prensa:

Added weekday labels

Notas de prensa:

Forgot the code that made toggling weekday labels on and off work.

Notas de prensa:

Added customization options for the stats box

Notas de prensa:

Added GMT Midnight open price line
Fixed a settings bug

Notas de prensa:

Added 4am open price line (experimental)
Added price level labels

Notas de prensa:

Added some options:

• Use bodies or wicks for the ranges.
  
• Timeframe on which the ranges are measured.
  
• Customizable start and end times for the ranges.
  

Notas de prensa:

Added customizable number of std. deviations.

Notas de prensa:

Fixed a weekday display bug when using unorthodox exchanges' data feeds.
Also added an offset option to move the text horizontally to get it in a nice spot when it's misaligned due to the exchange used.

Notas de prensa:

• Changed default killzone times for NY open and London close.
  
• Added optional "trueday" deliniation for sundays.
  
• Added standard deviation projection line width option.
  

Notas de prensa:

Reverted a couple of things meant for testing purposes that got published (killzone vertical shift and dynamic CBDR box border color).

Notas de prensa:

Updated the indicator chart image to better reflect the current version.

Notas de prensa:

Redesigned killzone indicators with optional text labels.

Notas de prensa:

• Text label related killzone option bug fix.
  
• Added option to use the old visual style of killzones.
  

Notas de prensa:

Chart timeframe related asian range standard deviation calculation bug fix

Notas de prensa:

Added PDH and PDL Levels.

Notas de prensa:

Changed a tooltip.

Notas de prensa:

• Added PMH and PML levels.
  

Notas de prensa:

• Added New York Lunch to killzones (off by default)
  

Notas de prensa:

• Fixed NY Lunch history lines/boxes not being removed when history is toggled off.
  

Notas de prensa:

• Changed PDH/PDL Lines to the previous true day h/l instead of the previous daily candle's h/l.
  
• PDH/PDL Lines now start at the actual high and low.
  

Notas de prensa:

• Added automatic timezone option (sets the indicator's timezone automatically to New York).
  

Notas de prensa:

• Fixed asian open killzone box dynamic text color bug.
  

Notas de prensa:

• Fixed PML/PMH line positioning bug that could occur under certain circumstances.
  

Notas de prensa:

• gmt open time correction.
  

Notas de prensa:

Build 1457

• Added Y-offset option for killzone boxes/lines (higher value = closer to price)
  

Notas de prensa:

Increased Killzone size limit for better visibility on certain tickers.