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Judas Swing Index Download without Confirmation Indicator (ICT) in MT4 - MetaTrader 4 Resources

author EAcpu | 3 reads | 0 comments |

The Unconfirmed Judas Index Indicator (ICT) , a MetaTrader 4 indicator , is designed to identify false trend movements and liquidity hunting in the early morning hours of the New York market . This indicator detects false price movements by market makers in the time frame from 09:30 to 09:45 (New York session) and informs traders of incorrect trade entries .

Indicator table

Indicator categories: ICT MT4 Indicator
Smart Money MT4 Indicator
MT4 Liquidity Indicator
platform: MetaTrader 4 Indicators
Trading Tips: advanced
Indicator type: Inverse MT4 Indicator
time frame: M1-M5 Time MT4 Indicator
M15-M30 Time MT4 Indicator
Trading style: Fast Scalper MT4 Indicator Scalper MT4 Indicator
Trading Tools: Forward Markets MT4 Indicators Cryptocurrency MT4 Indicators Forex MT4 Indicators

Indicator overview

The Judas Indices ICT indicator considers the range between the last swing low and high on the 15-minute time frame from 09:30 to 09:45 New York time. During this period, market makers hunt for liquidity.

After breaking out of a high or low (grey arrow), the price is expected to move in the opposite direction with a character change (CHoCH) and return to the order block or FVG. In this case, the indicator issues an entry signal, with a green arrow indicating buy and a red arrow indicating sell.

Judah Index indicator is in an uptrend

The AUD/USD 1 minute price chart is displayed. This indicator identifies a price trend followed by a low breakout on the 15 minute time frame and, following liquidity hunting and price increases , issues an entry signal with a green arrow on a trend reversion order block .

Uptrend in the 1-minute time frame
AUD/USD price chart

Judah Index Indicator is in Downtrend

On the USD/CAD 1 minute price chart , this indicator identifies a high on the 15 minute time frame and, after its price breakout , moves towards FVG and takes on liquidity ; after a change of character is known as the "Price Gap" (CHoCH) , this indicator shows an entry signal (short) .

USD/CAD currency pair
The Judah Index indicator is in a downtrend (USD/CAD)

Indicator settings

Settings
Judah Index Indicator Settings
  • Color themes for charts and objects: chart background color;
  • New York start time: New York opening time 09:30;
  • New York end time: New York closing time 09:45;
  • Server lead in seconds (backtest): Time ratio (seconds) vs. geolocation.

in conclusion

Utilizing key concepts such as Market Opening 09:30, Identify FVG, Order Block, Break of Structure (BOS), Buy Liquidity, Sell Liquidity , this indicator can easily become a trader's primary trading strategy and help make better trend identification decisions.

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