CISD High and Low ICT Indicator in MT4
- Индикаторы
- Eda Kaya
- Версия: 1.11
CISD High and Low ICT Indicator for MetaTrader 4
The CISD – CSD + High and Low Indicator is a liquidity-based tool for MetaTrader 4, designed following ICT trading principles to identify potential market reversals.
This indicator utilizes the CISD (Critical Institutional Supply and Demand) methodology, marking trade entry points by tracking key high and low-price levels across various timeframes, such as daily, weekly, and monthly charts.
CISD + High & Low Indicator Features
Below is a breakdown of the main characteristics and capabilities of the CISD – CSD + High and Low Indicator:
Category | ICT - Smart Money - Signal & Forecasting |
Platform | MetaTrader 4 |
Skill Level | Advanced |
Indicator Type | Reversal - Continuation |
Timeframe | Multi-timeframe |
Trading Style | Day Trading |
Market | All financial markets |
Overview of the CISD – CSD Indicator
The indicator plots the highest (High) and lowest (Low) price levels as dashed lines on the chart. If the price falsely breaks these levels and a CISD forms, the system generates an arrow signal to indicate a potential trade opportunity.
Buy Trade Example
On a 1-hour Bitcoin (BTC) chart, the price initially breaches the Low level but does not sustain below it.
If a CISD pattern develops, the indicator marks it with a green arrow, suggesting a possible buy entry.
Sell Trade Example
A 15-minute USD/CAD chart illustrates the effectiveness of the CISD – CSD + High and Low Indicator in bearish scenarios.
After a false break above the High level, the system detects a CISD formation and signals it with a red arrow, indicating a selling opportunity.
CISD + High and Low Indicator Settings
Users can customize the following settings in the CISD – CSD + High and Low Indicator:
- Invalidation of OGs – Enables the display of invalidated zones
- Show DHL – Displays daily High and Low levels
- Show WHL – Displays weekly High and Low levels
- Show MHL – Displays monthly High and Low levels
- CISD Daily – Enables daily CISD tracking
- CISD Weekly – Enables weekly CISD tracking
- CISD Monthly – Enables monthly CISD tracking
- CISD Break Limit – Configures limits for CISD breakpoints
Conclusion
The CISD – CSD + High and Low Indicator for MT4 is a powerful tool that enhances trading accuracy by plotting crucial price levels and detecting CISD formations.
By integrating ICT concepts, this indicator helps traders refine their supply and demand analysis and recognize high-probability reversal zones with ease.