Judas Swing Index Download without Confirmation Indicator (ICT) in MT5 - MetaTrader 5 Resources
The Judas Index (Unconfirmed) indicator is a key MetaTrader 5 indicator that assists analysts in identifying false price movements . Many traders enter trades due to incorrect analysis of initial price movements; this indicator helps traders become aware of these false moves (feints) and provides entry signals for trading.
The Judas Indices ICT indicator specifically examines the volatility range between the last high and low on a 15-minute time frame from 09:30 to 09:45 New York session. During this period, market makers were known to chase liquidity.
Indicator table
| Indicator categories: | Smart Money MT5 Indicators Liquidity Indicators MT5 Indicators ICT MT5 Indicator |
| platform: | MetaTrader 5 Indicators |
| Trading Tips: | advanced |
| Indicator type: | Inverse MT5 Indicator |
| time frame: | M1-M5 Time Range MT5 Indicator M15-M30 Time Range MT5 Indicator |
| Trading style: | Scalper MT5 Indicator Fast Scalper MT5 Indicator |
| Trading Tools: | Forex MT5 Indicators Cryptocurrency MT5 Indicators Forward MT5 Indicators |
Indicator overview
The Judah Index indicator is designed to identify false price movements and provide traders with entry signals. Analyzing deceptive market movement patterns can help traders avoid poor decisions and inappropriate trade entries.
The indicator is activated after a breakout of a high or low (marked by gray arrows). This occurs when price undergoes a character change (CHoCH) and returns to an area such as an order block or void (FVG). In this case, the indicator shows an entry signal with a green arrow for buy and a red arrow for sell.
Judas Indicator in Uptrend
On the 1 minute USD/CHF chart , after the price breaks out of the high (grey arrow) , the price moves downward, the character changes (CHoCH) and then returns to the order block area or gap (FVG) . This indicator displays a buy signal with a green arrow .
Judas Indicator in Downtrend
On the EUR/USD 1-minute chart , after the price broke out of the low (grey arrow) , the price changed upward (CHoCH) and returned to the order block area or gap (FVG) . This indicator identifies these areas and raises sell entry signals with a red arrow .
Indicator settings
- Color themes for charts and objects : background color for charts;
- Start time New York : New York session starts at 09:30;
- New York end time : New York session ends at 09:45;
- Server Leading in Seconds (Backtest) : Time offset in seconds by geolocation, default is 7200.
in conclusion
As a key tool for market analysis , this Judas Index indicator has a high ability to identify false price movements , allowing traders to make more accurate trading decisions . This indicator is particularly useful during the early morning New York session (09:30 to 09:45) to detect false price movements .
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