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Unicorn and SFP Indicator MT4

5

Unicorn + SFP Indicator for MT4

The Unicorn + SFP Indicator is an advanced trading tool integrating liquidity principles with ICT methodology. A Unicorn Zone emerges where a Breaker Block and a Fair Value Gap (FVG) overlap, marking areas with a high probability of price reversal. The Swing Failure Pattern (SFP) occurs when the price falsely breaches a level, indicating potential liquidity grabs and a possible market shift.

«Indicator Installation & User Guide»

MT4 Indicator Installation | Unicorn and SFP Indicator MT5 | ALL Products By TradingFinderLab | Best MT4 Indicator: Refined Order Block Indicator for MT4 | Best MT4 Utility: Trade Assistant Expert TF MT4 | TP & SL Tool: Risk Reward Ratio Calculator RRR MT4 | Money Management: Easy Trade Manager MT4 | Trade Copier: Free Fast Local Trade Copier MT4


Features of the Unicorn + SFP Indicator

A summary of the indicator's specifications is provided in the table below:

Category

ICT - Liquidity - Smart Money

Platform

MetaTrader 4

Skill Level

Advanced

Indicator Type

Reversal - Continuation

Timeframe

Multi-timeframe

Trading Style

Day Trading

Market

All Markets


Overview of the Indicator

The Unicorn Indicator highlights Bullish Unicorn Zones with light purple boxes and Bearish Unicorn Zones with pink boxes on the price chart. Additionally, the Swing Failure Pattern (SFP) is identified with arrow markers at crucial price points.

Functionality in an Uptrend

By analyzing Bitcoin (BTC) price action on the 1-hour chart, the indicator highlights Bullish Unicorn Zones with a light purple box. If the price re-enters this zone and experiences a false breakout, an SFP forms, which the indicator marks with a green arrow.

Functionality in a Downtrend

For bearish scenarios, the indicator plots Bearish Unicorn Zones using pink boxes. When the price falsely pierces these levels, the SFP appears, and the indicator signals this with a red arrow.


Customization and Settings

Traders can adjust various parameters to tailor the indicator’s functionality:

  • Chart & Object Colors: Customize the visual theme for better clarity.
  • Bar Count: Defines the number of candles analyzed (default: 1000).
  • Level 1 BB Display: Enables or disables Breaker Blocks.
  • Level 1 BB Mode: Selects the type of Breaker Block displayed.
  • Recent BB Count: Determines the number of recent Breaker Blocks shown.
  • FVG Visibility: Enables the display of Fair Value Gaps.
  • FVG Mode: Configures the type of Fair Value Gaps displayed.
  • Recent FVG Count: Sets how many recent FVGs are visible.
  • Unicorn Zones Display: Toggles the visibility of Unicorn Zones.
  • SFP Mode: Adjusts the type of Swing Failure Pattern recognized.
  • SFP Visibility: Enables or disables Swing Failure Pattern markers.


Conclusion

The Unicorn + SFP Indicator is a sophisticated trading tool that combines Unicorn Zones and Swing Failure Patterns to enhance market analysis. Unicorn Zones arise where Breaker Blocks and Fair Value Gaps align, while Swing Failure Patterns mark liquidity hunts and potential reversals. With its clear visual cues and customization options, this indicator helps traders make more informed trading decisions. 

Comentários 3
simoncoller
118
simoncoller 2025.03.18 11:40 
 

This is a really good indicator. I've been watching it and am ready to use it live. Thanks Eda

pan898899
214
pan898899 2025.02.26 05:03 
 

不错的指标谢谢。

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Aleksandr Makarov
5 (2)
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IQ FX Gann Levels a precision trading indicator based on W.D. Gann’s square root methods. It plots real-time, non-repainting support and resistance levels to help traders confidently spot intraday and scalping opportunities with high accuracy. William Delbert Gann (W.D. Gann) was an exceptional market analyst, whose trading technique was based on a complex blend of mathematics, geometry, astrology, and ancient mathematics which proved to be extremely accurate. Download the Metatrader 5 Version M
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Juvenille Emperor Limited
5 (3)
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Ramil Minniakhmetov
4.86 (119)
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Molefi Mokhethi
369
Molefi Mokhethi 2025.04.01 09:19 
 

O usuário não deixou nenhum comentário para sua avaliação

Eda Kaya
53997
Resposta do desenvolvedor Eda Kaya 2025.04.06 15:48
we will add notification and alerts in near future
simoncoller
118
simoncoller 2025.03.18 11:40 
 

This is a really good indicator. I've been watching it and am ready to use it live. Thanks Eda

Eda Kaya
53997
Resposta do desenvolvedor Eda Kaya 2025.04.06 15:48
nice to hear that.
pan898899
214
pan898899 2025.02.26 05:03 
 

不错的指标谢谢。

Eda Kaya
53997
Resposta do desenvolvedor Eda Kaya 2025.03.16 05:14
我的荣幸
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