STL & ITL & LTL Indicators Download for MetaTrader 5 (ICT) - Free - [TFlab]

The STL, ITL and LTL Indicator in MetaTrader 5 indicator is designed to identify short-term lows (STL), intermediate-term lows (ITL) and long-term lows (LTL) . It is not always easy for traders to detect and visualize all these lows.

With this indicator, key lows that impact trend analysis are clearly displayed, allowing traders to gain a comprehensive understanding of price action .

Indicator Table

Indicator overview

This indicator considers three consecutive candles with the lowest price. The middle candle with the lowest price is determined as the short-term low (STL) . The intermediate-term low (ITL) is also shown after a significant price reaction has occurred on the higher time frame.

Traders can identify these areas to gain insight into price trends and execute trades with reduced risk.

Indicators are in an upward trend

The chart below represents the CAD/CHF currency pair on the 1 hour time frame.

After breaking Short-Term Low (STL) and Intermediate-Term Low (ITL) , the price in the downtrend reached Long-Term Low (LTL) and then reversed upward.

Traders can enter a buy trade by setting a stop-loss order below the Long-Term Low (LTL) .

Indicators are in a downward trend

In the DOGE/USD price low and reaching the Long-Term Low on the pair's chart after the 15-minute time frame, price growth was weak and failed to form higher highs.

Therefore, the break of the Long-Term Low continues the downtrend.

Traders can use this indicator to enter SHORT trades and validate their trading strategies.

Indicator Settings

• Color themes for charts and objects: background color for charts;
• Show STL: Show short-term lows;
• Show ITL: Show mid-term low;
• Show LTL: Show long-term lows.

Conclusion

The STL, ITL, and LTL Indicator is designed to identify key levels based on market structure analysis within the ICT trading style .

STL is identified as Short-Term Low , ITL as the Interim Low , and LTL as the Long-Term Low .

These indicators help traders identify trend reversal points and refine their trading strategies.