Judas Swing ICT Indices Without Confirmation MT5
- Indikatoren
- Eda Kaya
- Version: 1.11
Judas Swing ICT Indices Without Confirmation for MetaTrader 5
The Judas Index Indicator is an essential tool in MetaTrader 5, designed to help traders recognize deceptive price movements. Many market participants misinterpret the initial price fluctuations, leading to incorrect trade entries. This indicator assists traders in detecting these false moves and provides signals for potential trade opportunities.
The Judas Indices ICT Indicator specifically monitors price swings between the most recent high and low within a 15-minute timeframe from 09:30 to 09:45 during the New York session—a critical period when market makers typically seek liquidity.
«Indicator Installation & User Guide»
MT5 Indicator Installation | Judas Swing ICT Indices Without Confirmation MT4 | ALL Products By TradingFinderLab | Best MT5 Indicator: Refined Order Block Indicator for MT5 | Best MT5 Utility: Trade Assistant Expert TF MT5 | TP & SL Tool: Risk Reward Ratio Calculator RRR MT5 | Money Management: Easy Trade Manager MT5
«Indicator Installation & User Guide»
MT5 Indicator Installation | Judas Swing ICT Indices Without Confirmation MT4 | ALL Products By TradingFinderLab | Best MT5 Indicator: Refined Order Block Indicator for MT5 | Best MT5 Utility: Trade Assistant Expert TF MT5 | TP & SL Tool: Risk Reward Ratio Calculator RRR MT5 | Money Management: Easy Trade Manager MT5
Indicator Details
Category | ICT - Smart Money - Liquidity |
Platform | MetaTrader 5 |
Skill Level | Advanced |
Indicator Type | Reversal - Continuation |
Timeframe | 1-Minute to 15-Minute Charts |
Trading Style | Scalping - Fast Scalping |
Markets | Forex - Cryptocurrency |
Overview of the Indicator
The Judas Index Indicator enables traders to detect misleading price movements and pinpoint precise trade entry points. By analyzing manipulation patterns, traders can avoid poor trade decisions caused by deceptive market fluctuations.
This indicator becomes active when a price breakout occurs at a high or low (marked by a gray arrow). Following this breakout, if a Change of Character (CHoCH) forms and price revisits key areas like order blocks or Fair Value Gaps (FVGs), the indicator provides trade signals. It marks buy opportunities with a green arrow and sell opportunities with a red arrow.
Judas Indicator in Bullish Market Conditions
On a 1-minute USD/CHF chart, when price breaks a high (gray arrow), it moves downward, forming a CHoCH before revisiting key areas like order blocks or gaps (FVGs). Once these levels are tested, the indicator generates a buy signal with a green arrow.
Judas Indicator in Bearish Market Conditions
On a 1-minute EUR/USD chart, when price breaks a low (gray arrow), it retraces upward, establishing a CHoCH before returning to order blocks or voids (FVGs). At this point, the indicator recognizes the reversal potential and presents a sell signal with a red arrow.
Indicator Settings
- Chart & Object Color Theme: Defines the chart background color.
- New York Session Start Time: Default setting is 09:30.
- New York Session End Time: Default setting is 09:45.
- Time Offset for Server (Backtest Mode): Adjusts for time zone differences, defaulting to 7200 seconds.
Conclusion
The Judas Index Indicator is an advanced analytical tool that enhances a trader's ability to detect misleading price fluctuations. It is particularly valuable in the New York session (09:30-09:45), where liquidity manipulation often occurs. By using this tool, traders can make more informed and accurate trading decisions, reducing the risk of falling into market traps.