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Unicorn and SFP Indicator MT5

Unicorn + SFP Indicator MT5

The Unicorn + SFP Indicator is crafted to detect Unicorn Zones and identify the Swing Failure Pattern (SFP). Unicorn Zones emerge when Breaker Blocks overlap with Fair Value Gaps (FVGs), creating areas recognized for potential price reversals within the ICT trading methodology.

This tool pinpoints false breakouts, commonly referred to as SFP, and marks them with small arrows when detected.

Features of the Unicorn + SFP Indicator

The table below outlines key details of the indicator:

Category

ICT - Liquidity - Smart Money

Platform

MetaTrader 5

Skill Level

Advanced

Indicator Type

Reversal - Continuation

Timeframe

Multi-timeframe

Trading Style

Day Trading

Market

All Markets

Overview of the Indicator

Unicorn Zones appear as colored rectangles at the highs and lows of candlesticks. Bullish Unicorn Zones are displayed in light purple, whereas Bearish Unicorn Zones are shaded pink. These areas signal potential reversals and function as support and resistance levels.

Indicator Performance in an Uptrend

In the case of Ethereum (ETH) on a 15-minute chart, the price revisited a Bullish Unicorn Zone (light purple area) on two occasions. Each time, an SFP formation occurred, with the indicator marking these instances using green arrows.

Indicator Performance in a Downtrend

On a 30-minute NZD/USD chart, an upward movement proved deceptive. A false breakout from the Bearish Unicorn Zone (pink area) led to an SFP occurrence, which the indicator highlighted using a red arrow.

Indicator Configuration

For a more refined analysis, the following settings are available:

  • Chart & Object Colors: Customizable color settings
  • Candle Count: Defines the number of bars for analysis (default: 1000)
  • Breaker Block (BB) Settings:
    • Display of Level 1 Breaker Blocks
    • Type and latest Breaker Blocks visibility
    • Number of recent Breaker Blocks shown
  • FVG Settings:
    • Toggle Fair Value Gap (FVG) visibility
    • Define FVG type and latest occurrences
    • Number of recent FVGs displayed
  • Unicorn Zone Display: Enable or disable Unicorn Zones
  • SFP Configuration: Select SFP type and display settings

Conclusion

The Unicorn + SFP Indicator is built upon ICT trading principles, providing traders with a way to spot fake breakouts (SFP) and reversal zones (Unicorn Zones). These zones represent key liquidity levels, where a price reversal becomes more probable following the formation of an SFP pattern.

 


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Swing Trading es el primer indicador diseñado para detectar oscilaciones en la dirección de la tendencia y posibles oscilaciones de reversión. Utiliza el enfoque de intercambio de línea de base, ampliamente descrito en la literatura comercial. El indicador estudia varios vectores de precios y tiempos para rastrear la dirección de la tendencia agregada y detecta situaciones en las que el mercado está sobrevendido o sobrecomprado y listo para corregir. [ Guía de instalación | Guía de actualización
FourAverageMT5
Mikhail Sergeev
5 (2)
FourAverage es una nueva palabra en la detección de tendencias. Con el desarrollo de las tecnologías de la información y un gran número de participantes, los mercados financieros son cada vez menos susceptibles de ser analizados por indicadores obsoletos. Los medios técnicos convencionales de análisis, como la media Móvil o el Estocástico, en su forma pura no son capaces de determinar la dirección de la tendencia o su reversión. ¿Puede un indicador indicar la dirección correcta del precio futuro
Quantum Trend Sniper
Bogdan Ion Puscasu
4.73 (51)
Introduciendo       Indicador Quantum Trend Sniper   , el innovador indicador MQL5 que está transformando la forma en que identificas y negocias los cambios de tendencia. Desarrollado por un equipo de comerciantes experimentados con experiencia comercial de más de 13 años,       Indicador de francotirador de tendencia cuántica       está diseñado para impulsar su viaje comercial a nuevas alturas con su forma innovadora de identificar cambios de tendencia con una precisión extremadamente alta. *
Auto Order Block with break of structure based on ICT and Smart Money Concepts (SMC) Futures Break of Structure ( BoS )             Order block ( OB )            Higher time frame Order block / Point of Interest ( POI )    shown on current chart           Fair value Gap ( FVG ) / Imbalance   -  MTF      ( Multi Time Frame )    HH/LL/HL/LH  -  MTF      ( Multi Time Frame )  Choch  MTF      ( Multi Time Frame )  Volume Imbalance     ,  MTF          vIMB Gap’s Power of 3 Equal High / Low’s  
Golden Spikes Detector
Batsirayi L Marango
3.25 (4)
Golden Spikes Detector Este indicador se basa en una estrategia avanzada principalmente para negociar picos en índices de auge y caída. Se implementaron algoritmos complejos para detectar únicamente entradas de alta probabilidad. Alerta sobre posibles entradas de Compra y Venta. Para negociar picos en el corredor Deriv o Binary, solo acepte las alertas Buy Boom y Sell Cash. Se optimizó para cargarse en un período de tiempo de 5 minutos, aunque se realiza un análisis de múltiples períodos de tiem
Atomic Analyst MT5
Issam Kassas
4.32 (19)
En primer lugar, vale la pena enfatizar que este Indicador de Trading no repinta, no redibuja y no se retrasa, lo que lo hace ideal tanto para el trading manual como para el automatizado. Manual del usuario: configuraciones, entradas y estrategia. El Analista Atómico es un Indicador de Acción del Precio PA que utiliza la fuerza y el impulso del precio para encontrar una mejor ventaja en el mercado. Equipado con filtros avanzados que ayudan a eliminar ruidos y señales falsas, y aumentan el poten
Dark Absolute Trend   is an Indicator for intraday trading. This Indicator is based on   Trend Following  strategy but use also candlestick patterns and Volatility. We can enter in good price with this Indicator, in order to follow the main trend on the current instrument. It is advised to use low spread ECN brokers. This Indicator does   Not repaint   and   N ot lag . Recommended timeframes are M5, M15 and H1. Recommended working pairs: All. I nstallation and  Update Guide   -  Troubleshooting
RelicusRoad Pro MT5
Relicus LLC
4.78 (18)
Ahora $ 147 (aumentando a $ 499 después de algunas actualizaciones) - Cuentas ilimitadas (PC o Mac) Manual de usuario de RelicusRoad + Videos de capacitación + Acceso al grupo privado de Discord + Estado VIP UNA NUEVA MANERA DE VER EL MERCADO RelicusRoad es el indicador comercial más poderoso del mundo para divisas, futuros, criptomonedas, acciones e índices, y brinda a los comerciantes toda la información y las herramientas que necesitan para mantenerse rentables. Brindamos análisis técnico
Black Dragon indicator mt5
Ramil Minniakhmetov
4.83 (58)
El indicador de detección de tendencias complementará cualquier estrategia y también se puede utilizar como una herramienta independiente. Ventajas Fácil de usar, no sobrecarga el gráfico con información innecesaria; Puede usarse como filtro para cualquier estrategia; Tiene niveles integrados de soporte y resistencia dinámicos, que se pueden usar tanto para obtener ganancias como para establecer límites de pérdidas; El indicador no cambia de color después de que se cierra la vela;  Funciona e
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