Venom ICT Model Indicator in MetaTrader 4 - Free Download [TradingFinder]

The Venom ICT model indicator on MetaTrader 4 is designed based on the three core elements of liquidity, time and price. Venom strategy style in the ICT sector .

This trading tool determines the initial range of the New York market between 08:00 and 09:30 New York time and marks it as a red box as the reference area for analysis.

After the official opening at 09:30, the price usually breaks through one of the boundaries of the range to absorb liquidity and eventually displays a buy or sell entry signal with green and red arrows.

Venom ICT model indicator table

The general specifications of Venom ICT model indicators are shown in the table below:

List of Venom ICT model indicators

The Venom ICT model indicator integrates three main concepts: Market Structural Shift (MSS), Delivery Status Change (CISD) and Fair Value Gap (FVG) to identify false breakouts and trade entry paths.

This trading tool focuses on areas of liquidity, distinguishes structural reversals and separates real moves from fake ones.

bullish trend indicator

The chart below shows the Canadian Dollar against the Japanese Yen (CAD/JPY) on a 15-minute time frame.

In an uptrend, after a false breakout of the Liquidity Zone low, price enters a Liquidity sweep phase and reacts quickly to create a strong bullish reversal.

At the same time, signs of a Market Structural Shift (MSS) and Fair Value Gap (FVG) confirmation were observed; thus, the conditions for entering a buy trade were formed.

Bearish trend indicator

The market structure within the Venom ICT model clearly indicates a bearish trend on the USD/CHF price chart on the 15-minute time frame.

After a brief correction, price broke above the range high and produced a false breakout and absorbed buyer liquidity. Subsequently, as the Market Structural Shift (MSS) forms and the market reverses into the Fair Value Gap (FVG) area, conditions for a sell entry are provided.

Conclusion

The Venom indicator (ICT Venom) is designed based on the concepts of liquidity, time and price, and is a specialized tool for identifying false breakouts and structural reversals.

This ICT-style indicator is able to differentiate between valid moves and false moves by combining liquidity, MSS, CISD and FVG.

Additionally, its focus on the initial New York trading session range ensures highly accurate entry and exit points.