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Turtle Soup Indicator ICT MT4

35 USD

Demo downloaded: 3

Published: 21 February 2025

Current version: 1.11

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Turtle Soup Indicator ICT MT4

Indicators
Eda Kaya
Version: 1.11
Activations: 10

Turtle Soup Indicator ICT for MT4

The Turtle Soup Indicator for MetaTrader 4 is a well-known trading pattern within the ICT (Inner Circle Trader) methodology. It specializes in identifying false price breakouts, helping traders recognize situations where the price movement is deceptive. When market conditions align, the indicator provides an entry signal in the opposite direction of the breakout, making it highly effective for reversal trading strategies.

This tool features a straightforward visual design, categorizing false breakouts as either Internal or External. Moreover, newly formed highs are labeled as "HH" and lows as "LL," with green lines connecting these key points. These green lines act similarly to a ZigZag pattern, assisting in trend visualization.

Indicator Specifications Table

Category	ICT - Predictive Signal - Liquidity
Platform	MetaTrader 4
Skill Level	Intermediate
Indicator Type	Reversal - Range
Timeframe	Multi-timeframe
Trading Style	Scalping - Day Trading - Swing Trading
Market	Cryptocurrency - Forex - Commodities - Stocks

Key Features of the Indicator

Within the ICT approach, fake breakout setups hold significant value. The Turtle Soup indicator pinpoints key levels where traders commonly set stop losses, labeling these as Liquidity Hunt Zones. When a liquidity hunt occurs, the indicator marks these areas with a green arrow, providing traders with actionable signals. Since it functions across multiple asset classes, it is applicable to forex, stocks, cryptocurrencies, and commodities.

Turtle Soup Indicator in an Uptrend

Based on the USD/CAD 1-hour chart, the price has fallen below a critical support zone. The Turtle Soup indicator detects this false breakout and signals a buy opportunity with a green arrow. If the price rebounds and surpasses the support level, it confirms that the breakdown was deceptive, indicating a strong possibility of a price reversal to the upside.

Turtle Soup Indicator in a Downtrend

On the Binance Coin 4-hour chart, the price has moved beyond a key resistance level. The Turtle Soup pattern identifies this invalid breakout and generates a sell signal, indicated by a green arrow.

Indicator Settings

Theme – Adjust visual preferences on the chart.
Minor Trend Calculation Type (ZigZag - Candle Close) – Choose the method for minor trend calculations.
Show Minor Trend ZigZag – Toggle the display of the minor trend ZigZag.
Show Major Trend ZigZag – Toggle the display of the major trend ZigZag.
Show External Signal – Enable or disable external trade signals.

Conclusion

The Turtle Soup Indicator for MT4 is designed to detect two distinct types of fake breakouts: internal and external. As one of the essential ICT trading patterns, it helps traders minimize losses by highlighting liquidity hunt areas and signaling trade entry opportunities. This versatile tool is widely used across forex, stocks, cryptocurrencies, and commodities, making it an invaluable addition to any trader’s toolkit.

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Order Block Indicator for MT5 The Order Block Indicator (OB) is a highly efficient tool tailored for traders utilizing ICT and Smart Money trading methodologies. Specifically built for the MetaTrader 5 (MT5) platform, this indicator enables traders to pinpoint crucial price zones where major financial institutions execute their orders. These areas often act as key decision points, where price movements tend to reverse after encountering liquidity. Traders can leverage this tool to refine their e

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Refined Order Block Indicator for MT4 The Refined Order Block (OBR) indicator is a specialized tool tailored for traders utilizing ICT and Smart Money (SMC) methodologies on the MetaTrader 4 (MT4) platform. This indicator pinpoints bullish order blocks in green and bearish order blocks in brown, assisting traders in recognizing pivotal market zones. Order block regions are critical price areas where substantial institutional orders can heighten the probability of trend reversals or directional s

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Improved Fair Value Gap Void MT5 The Improved Fair Value Gap (iFVG + Void) indicator for MetaTrader 5 is an advanced iteration of the traditional Fair Value Gap "FVG" indicator. Fair Value Gaps emerge following sharp price movements, marking crucial zones where supply and demand are unbalanced. Price action often gravitates back to these levels. This indicator visually marks bullish Fair Value Gaps (FVG) with green boxes and bearish Fair Value Gaps with red boxes. Additionally, it shades the use

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Propulsion Block Indicator for MT5 The Propulsion Block Indicator (ICT Propulsion Block) in MetaTrader 5 is an advanced analytical tool designed to detect price shifts and liquidity zones. These propulsion blocks emerge after the last candle revisits an order block, absorbing liquidity following notable price movements. This indicator pinpoints critical areas where order blocks intersect with Supply and Demand Zones , automatically updating the chart once the price enters one of these designated

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Risk Reward Ratio Calculator Indicator MT5 - Free Download Risk Reward Ratio Calculator Indicator for MT5 - Free Meta: Download the "R/R Ratio Calculator" indicator for free – Create Take Profit (TP) and Stop Loss (SL) levels in MT5 – Risk/Reward Ratio Calculator Indicator The R/R Ratio Calculator is an essential tool designed to help traders set Take Profit and Stop Loss levels directly on the chart while analyzing each trade's risk reward ratio . This indicator features a user-friendly man

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BOS and CHOCH with Label Indicator MT5 The BOS-CHOCH market structure shift detector is an advanced tool designed for traders who analyze internal price movements on the MetaTrader 5 (MT5) platform . This indicator leverages sophisticated algorithms to cater specifically to traders following ICT (Inner Circle Trader) and Smart Money trading methods . It automatically detects Break of Structure (BOS) and Change of Character (CHOCH) and marks them on the chart with clearly labeled annotations. A

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ZigZag Indicator for MT5 The ZigZag Indicator is a valuable tool available in MetaTrader 5, designed to highlight the highs and lows on a price chart. By marking pivotal turning points in price—commonly referred to as Pivot Highs and Lows (HH-HL-LH-LL)—it simplifies the process of identifying price trends. In any price movement, consecutive peaks and troughs are formed. Understanding these patterns correctly is essential for recognizing the direction of the overall market trend or short-term flu

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Market Structure Indicator BOS CHOCH MT5 The Market Structure Indicator (BOS-CHOCH) is a specialized ICT-style tool designed for MetaTrader 5 (MT5) . This indicator detects both primary and secondary market character shifts (CHOCH) and breaks in structure (BOS) across multiple levels, offering valuable insights for ICT and Smart Money traders . By helping traders analyze price behavior, it enhances market structure recognition and provides more precise trade opportunities. Market Structure Indic

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Three 3TP Easy Trade Pad Expert for MetaTrader 5 Download The 3TP Easy Trade Pad Expert is an advanced, specialized tool for capital management, risk management, and trading in the MetaTrader 5 (MT5) platform, designed.This expert utilizes a special panel to provide specialized functionalities for trade management. Key features of this expert include setting the risk-to-reward ratio, calculating stop loss , setting multiple take profits , and managing both take profits and stop losses, alongsi

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Order Block Indicator for ICT and Smart Money Trading in MT4 The Order Block Indicator is an essential tool for traders using ICT (Inner Circle Trader) and Smart Money Concepts on the MetaTrader 4 (MT4) platform. This indicator helps identify crucial price zones where institutional orders are likely to be concentrated, allowing traders to pinpoint potential reversals or high-impact market levels. Bullish order blocks appear in green , while bearish order blocks are displayed in brown . When pric

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Easy Trade Manager Expert in MT4 Download - Free The Easy Trade Manager Expert is a specialized product designed for effective trade management and risk reduction within the MT4 platform. This tool features a user-friendly panel to easily set Stop Loss and Take Profit levels automatically. The management panel includes settings for adjusting chart themes and calculating the Risk-to-Reward ratio. Specifications Table of Easy Trade Manager Expert The table below illustrates the detailed specifi

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Fair Value Gap (FVG) Indicator for MetaTrader 4 – Download and Guide Introduction Traders rely on a variety of tools and strategies to discover profitable investment opportunities. Among these, the Fair Value Gap (FVG) indicator in MetaTrader 4 stands out as a highly effective tool. An FVG represents a price gap within the market structure where supply and demand are not balanced. These gaps emerge during sharp price movements. In simple terms, when three candlesticks form, the gap between the f

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Rejection Block Indicator and Void MT5 The Rejection Block Indicator is a powerful tool designed to detect market reversal zones in MetaTrader 5 . By analyzing candle wicks, this indicator marks crucial rejection block areas where long upper shadows near price highs and lower shadows near price lows act as potential reversal points. Additionally, the Void (absorbed portion) within the rejection blocks is highlighted in gray. Once this void is entirely filled, it signals that the level has lost i

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Order Block Void Indicator MT5 The Order Block + Void Indicator in MetaTrader 5 is an advanced tool designed to detect key liquidity areas and highlight them as order blocks. These zones are frequently utilized by institutional traders, making them ideal reference points for determining support and resistance levels. This indicator visually marks bullish order blocks with green boxes and bearish order blocks with red boxes. Additionally, once an order block is consumed, it turns gray to indic

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Fair Value Gap (FVG) Indicator for MetaTrader 5 Introduction The Fair Value Gap (FVG) Indicator is an effective tool designed to spot trading opportunities in MetaTrader 5 by identifying imbalances in supply and demand. These imbalances, known as FVGs, emerge when the price moves aggressively. To explain simply, imagine three candlesticks: the gap between the first and third candlestick forms the " FVG ." This indicator highlights these gaps as dynamic boxes—green for bullish FVGs and red for b

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Risk Reward Ratio Calculator Indicator MT4 - Free Download Risk Reward Ratio Calculator Indicator for MT4 - Free The Risk Reward Ratio Calculator Indicator is a practical tool that helps traders easily define take profit (TP) and stop loss (SL) levels, while calculating the risk-to-reward ratio (R/R) for each trade. This indicator includes a management panel where traders can set the TP, SL, and R/R values. The indicator displays TP and SL levels as green and red boxes, respectively. These boxe

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Fair Value Gap Void MT4 The Fair Value Gap and Void (FVG + Void) indicator is a powerful tool designed for ICT and Smart Money traders who aim to detect and analyze price gaps and fair value gaps (FVGs) on the MetaTrader 4 (MT4) platform. This indicator effectively pinpoints bullish imbalances, marking them with green rectangles, while bearish imbalances are displayed using brown rectangles. As price revisits these areas and begins filling the existing orders, the indicator dynamically updates t

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Download the Laguerre RSI Indicator for MT5 Introduction The Laguerre RSI indicator is a powerful trend-following oscillator designed for MetaTrader 5. It can function independently as a trading tool or serve as a supporting confirmation indicator within broader strategies. Unlike the traditional RSI, it significantly reduces signal lag, particularly in extended time frames. Additionally, it employs a gamma (Γ) filter that minimizes price fluctuations, leading to fewer misleading signals.

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Improved Fair Value Gap Void MT4 The Improved Fair Value Gap (iFVG + Void) indicator for MetaTrader 4 is an upgraded and refined version of the traditional fair value gap tool. Fair Value Gaps (FVGs) arise from sudden and sharp price movements, creating imbalances between supply and demand, which the price often retraces to fill. The "iFVG + Void" indicator integrates both fair value gap regions and void zones on the chart, offering traders a clearer visual representation. This tool marks bullis

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Fair Value Gap or FVG indicator MT4 Traders utilize a variety of tools and methodologies to uncover profitable market opportunities. One such efficient and valuable tool is the Fair Value Gap (FVG) indicator in MetaTrader 4. A Fair Value Gap (FVG) represents a pricing discrepancy where the market has not yet reached an equilibrium between supply and demand. These gaps materialize during significant price swings. In simpler terms, when three consecutive candlesticks form, the space between the fi

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Swing Failure Pattern BB OB Indicator for MT5 The Swing Failure Pattern (SFP) indicator is a valuable tool in MetaTrader 5, designed to identify false breakouts and key market reversal points. This indicator provides a visual representation of significant price action events such as Break of Structure (BOS), Change of Character (CHoCH), and Fake Breakout (SFP). It is particularly useful for traders following price action strategies, ICT methodologies, and Smart Money trading concepts to pinpoint

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Easy Reward to Risk RRR Indicator for MT5 The Easy Reward to Risk RRR Indicator is a powerful trading assistant that streamlines technical analysis. It calculates and visualizes the risk-to-reward ratio in real time. This tool simplifies trading decisions by displaying two distinct areas on the chart a red zone for stop-loss levels and a green zone for take-profit levels . These zones help traders visualize potential losses and gains . Easy Reward to Risk RRR Specification Table The followin

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RSI on Moving Average Indicator for MT5 Introduction The RSI on MA Indicator integrates Moving Average Crossovers with the Relative Strength Index (RSI) to enhance trend detection and momentum analysis. By merging these technical elements, it improves precision in identifying market movements. The indicator displays two oscillating lines ranging from 0 to 100, making it easier to pinpoint buy and sell opportunities while clarifying trend directions. RSI on Moving Average Indicator Specification

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TP & SL Calculator Indicator for MT4 The Take Profit & Stop Loss Calculator Indicator is a valuable tool designed for the MetaTrader 4 platform . It enables traders to calculate and display the profit and loss for each trade. This indicator features a dedicated management box that provides several essential tools for efficient trade handling, including: Creating Take Profit and Stop Loss levels for buy and sell positions ; Determining trade volume in lots; Displaying the Risk to Reward (R/R)

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Trade Assistant Expert TF MT5 The Trade Assistant Expert is a specialized trading tool developed for MetaTrader 5, featuring an interactive chart-based control panel for seamless trade execution and risk oversight. This expert advisor incorporates key functionalities such as automatically adjusting Stop Loss to the entry point (Break Even), activating Trailing Stop, and displaying the countdown until the next candlestick formation. Trade Assistant Expert Specifications The following table o

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