Venom ICT Model Indicator in MetaTrader 5 - Free Download [TradingFinder]

The Venom ICT model indicator on MetaTrader 5 was developed based on three components: liquidity, time and price, and its structure conforms to the trading logic ICT style Venom strategy .

The tool identifies that the initial New York session ranges from 08:00 to 09:30 New York time and is displayed as a red box.

After the official opening at 09:30, the price usually breaks through one of the boundaries of the range to absorb liquidity, followed by a green arrow giving a buy entry signal and a red arrow giving a sell signal.

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 combines the three concepts Market Structural Shift (MSS), Delivery Status Change (CISD) and Fair Value Gap (FVG) to identify false breakouts and determine trade entry paths.

This trading tool focuses on Liquidity zones and is able to identify structural reversals and distinguish valid moves from false ones.

bullish trend indicator

The chart below shows the 5-minute time frame for New Zealand Dollar against the US Dollar (NZD/USD).

In a bullish trend, after a false breakout of the liquidity zone low, price enters a liquidity accumulation phase and reacts quickly to form a strong bullish reversal.

At this stage, signs of a Market Structural Shift (MSS) and confirmation of the market's Fair Value Gap (FVG) appear, providing a suitable area to enter a buy trade.

Bearish trend indicator

In the price chart of the Global Gold Index 15-minute time frame, after a brief correction, the range high was broken by a false breakout and buyer liquidity was absorbed.

Then, as the Market Structural Shift (MSS) reveals itself and the Fair Value Gap (FVG) reverses, the right opportunity is created for a sell trade.

Conclusion

Venom ICT model indicators are designed based on concepts such as liquidity, time, and price to accurately analyze the market structure.

By combining elements of MSS, CISD and FVG, this tool can identify false breakouts and define structural reversals.