Welcome Forex EA downloads & MT4/MT5 auto-trading resources — EAs, Gold EAs, quant tools and real-world automation.
Sign In Sign Up

Swing Failure Mode (SFP) ICT Indicator for MT5 | Forex Indicators Download - MetaTrader 5 Resources

author EAcpu | 5 reads | 0 comments |

The SFP (Swing Failure Mode) indicator identifies the time when price initially hits a support or resistance level , seemingly breaking through it, but then quickly reverses , closing above or below that level.

This MetaTrader 5 indicator highlights liquidity-gathering areas with green and orange lines .

Swing Failure Mode (SFP) ICT Spec Sheet

This table provides an overview of the ICT SFP indicator and how it functions in trading.

Indicator categories: Smart Money MT5 Indicators Liquidity Indicators MT5 Indicators
ICT MT5 Indicators
Platforms: MetaTrader 5 Indicators
Trading Skills: Advanced
Indicator Types: MT5 Breakout Indicator Reversal MT5 Indicator
Time frame: Multi Time Frame MT5 Indicators
Trading Style: Intraday MT5 Indicators
Trading Tools: Forex MT5 Indicators Cryptocurrency MT5 Indicators Stock MT5 Indicators

Indicator Overview

The SFP , or swing failure mode , is one of the key tools in ICT style . This pattern occurs when price reaches significant levels, gathers market liquidity , and reverses in the opposite direction. A fake break of the high or low , followed by a price not staying at that level, is a strong signal of trend reversal .

Uptrend Conditions

In the EUR/USD chart [5-minute time frame], price breaks below a previous support level or low forms a long wick, gathers liquidity, and then reverses.

The next candle closes above the support level , increasing the likelihood of trend reversal .

ICT SFP Indicator in a Bullish Trend
ICT Swing Breakout Pattern Indicator in Bullish Trend

downtrend conditions

In the XAU/USD (Global Gold) chart [1 minute time frame], price broke resistance and created a long wick above the previous high, but after gathering liquidity , it quickly reverses and closes below resistance.

ICT Swing Failure Pattern Indicator in a Bearish Trend
Global gold price chart shows bearish trend in SFP ICT indicator

Indicator Settings

The following image shows the customizable parametric ICT Swing Failure Mode (SFP) indicator :

SFP ICT Indicator Settings
ICT style Swing Failure Pattern indicator settings panel
  • Do you want to understand trends: View trend analysis
  • SFP Method: SFP Trading Strategy
  • Color Management: Adjust color settings
  • Support Zone: Where prices rise
  • Resistance Zone: the level at which prices fall

Conclusion

The ICT-style SFP indicator is a powerful tool for identifying fake breakouts at key support and resistance levels .

This MetaTrader 5 Liquidity indicator shows green and orange lines of liquidity after price collection, rushing in opposite directions.

(1)

📦 Download attachments/Download Files

Verification code Refresh