Swing Failure Pattern Sfp ICT Indicator MT5
Swing Failure Pattern SFP ICT Indicator MT5
The Swing Failure Pattern (SFP) ICT Indicator for MT5 helps identify instances where the price tests a key support or resistance level, briefly surpasses it, and then swiftly pulls back, closing within the initial zone. This MetaTrader 5 tool marks liquidity zones using distinct green and orange lines.
Swing Failure Pattern (SFP) ICT Specifications Table
The table below outlines the key features of this ICT-based SFP indicator and its functionality in trading:
Category | ICT – Smart Money – Liquidity |
Platform | MetaTrader 5 |
Skill Level | Advanced |
Indicator Type | Reversal – Breakout |
Timeframe | Multi-timeframe |
Trading Style | Intraday Trading |
Trading Market | All Markets |
Indicator Overview
The Swing Failure Pattern SFP ICT Indicator MT5 is designed to recognize liquidity grabs at crucial levels, signaling potential reversals. When a price fails to sustain a breakout, it indicates a shift in market momentum.
Uptrend Conditions
In a EUR/USD [5-minute chart], the price dips below a prior support level, forming an extended wick as liquidity is collected before reversing. A subsequent candle closing above this level confirms a possible reversal.
Downtrend Conditions
On a XAU/USD [1-minute chart], the price surges past a resistance level, creating a long wick beyond the previous high. As liquidity accumulates, the price swiftly retraces and closes beneath resistance, signaling a potential shift downward.
Indicator Settings
The following settings allow traders to customize the Swing Failure Pattern SFP ICT Indicator MT5:
- Trend Analysis Visibility: Option to enable or disable trend display.
- SFP Method: Adjust the trading approach for detecting swing failure patterns.
- Color Configuration: Modify color schemes for enhanced visibility.
- Support Zone: Defines key price levels where upward movement is expected.
- Resistance Zone: Identifies areas where downward movement may occur.
Conclusion
The Swing Failure Pattern SFP ICT Indicator MT5 is an essential tool for detecting false breakouts at significant price levels. This liquidity-focused MT5 indicator provides clear green and orange markers to highlight reversal points after liquidity absorption.