Immediate Rebalance ICT Indicator MT4
Immediate Rebalance ICT Indicator for MT4
The Immediate Rebalance Indicator for MetaTrader 4 is built to identify and emphasize instant price equilibrium levels. In ICT trading strategies, price balance is a crucial factor, and imbalances arise when a sequence of three candles leaves a gap between the wicks of the first and third candles, indicating a disruption in supply and demand dynamics.
When the third candle promptly fills this gap by making contact with the wick of the first candle, it creates what traders recognize as an "immediate rebalance."
«Indicator Installation & User Guide»
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Immediate Rebalance Indicator Table
The table below presents the core features of the Immediate Rebalance Indicator:
Category | ICT - Smart Money - Supply and Demand |
Platform | MetaTrader 4 |
Skill Level | Advanced |
Indicator Type | Continuation - Reversal |
Timeframe | Multi-timeframe |
Trading Style | All Styles |
Trading Market | All Markets |
Indicator Overview
This tool divides the wick of the first candle into five proportional segments, labeling them from 0% to 100% to improve price movement analysis.
- Bullish rebalance zones are highlighted in green.
- Bearish rebalance zones appear in red.
When the third candle in an imbalance scenario breaches the shadow of the first candle, the indicator activates, displaying the penetration percentage. This helps traders better evaluate market stability.
Bullish Trend Conditions
On a 5-minute EUR/CAD chart, the Immediate Rebalance Indicator segments the wick of the first candle into five sections after confirming balance within a three-candle formation.
- The third candle moves 12% into the shadow of the first candle.
- If additional conditions align, traders may consider a Buy entry.
Bearish Trend Conditions
On a 15-minute GBP/USD chart in a bearish trend, an immediate rebalance is detected as the third candle penetrates 58% into the shadow of the first candle.
- This suggests that price is retracing toward the imbalance area, rebalancing the supply-demand equation.
- If proper confirmations are met, traders might look at a Sell opportunity.
Indicator Settings
The settings panel for the Immediate Rebalance Indicator provides key customization options:
- Minimum Wick Size – Defines the smallest wick length required to identify an imbalance.
- Multi-Timeframe Mode – If set to false, rebalances appear on all timeframes; if true, they are visible only on the selected timeframe.
- Multi-Timeframe Period – The chosen daily timeframe for analysis.
Conclusion
The Immediate Rebalance Indicator is an advanced ICT trading tool that helps detect when the third candle fills an imbalance:
- Green zones mark bullish rebalances, and red zones represent bearish rebalances.
- The wick of the first candle is segmented into five levels (0% - 100%) to pinpoint the third candle’s penetration depth.
- This tool is particularly useful for spotting potential trend shifts but is most effective when combined with other indicators for a more thorough market evaluation.