London Intraday Protraction (Normal + Delayed) [Pro+]

21 Sep 2023

The London Intraday Protraction° [Pro+] is an automatic market profiling tool designed from ICT Time and price parameters projected for London Session studies:

Time:

• Central Bank Dealers Range (CBDR)
  
• Asian Range (AR)
  
• London Session
  

Price:

• Central Bank Dealers Range Size (CBDR)
  
• Central Bank Dealers Range (CBDR) Standard Deviations
  
• Asian Range Size (AR)
  
• Protraction (fake move, trap)
  

This tool allows you to keep your attention dialled into the Session harnessing the concepts listed above through historical data (statistics + previous sessions), and live visuals.

This tool automatically annotates your CBDR and AR reference points, and prints range values in pips as a label above the CBDR and AR; it also projects the CBDR deviations encompassed in London's Time opportunity – up to three standard deviations.

The range values for the Time-based ranges, and price action are filtered into conditional statements as taught in the Core Content from the Inner Circle Trader (ICT).

There are three profile types:

1) Normal Protraction – the high/low of the Day is anticipated in early London Session.


2) Delayed Protraction – due to invalid Price Parameters (Range Sizes) the Protraction is expected in the later stages of the London Session (this protraction may, or may not be, the high/low of the Day).


3) Normal Protraction Negated – due to invalid Time Parameters, the Protraction is expected in the later stages of the London Session (this protraction may, or may not be, the high/low of the Day).

Notice the color coding of the specific scenarios, as it always repeats – it will aid pattern recognition.

The statistical table shows the total number of viewable London Sessions on chart; it provides the total number of filtered Normal Protraction Sessions, and Delayed Protractions Sessions. It also indicates a percentage of how many filtered conditions held true and provided clean price action or narrative.

The true power of this tool lies in its specific window of Time opportunity, and solid conditional logic provided by ICT's teachings; having the London Session analysis automated, allows you to focus on price, and bias, rather than drawing predetermined ICT parameters.

Additional Features:

• Customizable Colors
  
• Auto-adapting Colors
  
• Customizable Stat Table Position
  
• Customizable Stat Table Size
  

These tools are available ONLY on the TradingView platform.

Terms and Conditions
These charting tools are products provided for informational and educational purposes only and do not constitute financial, investment, or trading advice. They are not designed to predict market movements or provide specific recommendations. Users should be aware that past performance is not indicative of future results and should not be relied upon for making financial decisions. By using these tools, the purchaser agrees that the seller and the creator are not responsible for any decisions made based on the information provided by these charting tools. The purchaser assumes full responsibility and liability for any actions taken and the consequences thereof, including any loss of money or investments that may occur as a result of using these products. Hence, by purchasing these charting tools, the customer accepts and acknowledges that the seller and the creator are not liable nor responsible for any unwanted outcome that arises from the development, the sale, or the use of these products. Finally, the purchaser indemnifies the seller from any and all liability.

By continuing to use these financial tools, the user acknowledges and agrees to the terms outlined in this legal disclaimer.

21 Sep 2023

Catatan Rilis

Added restrictions on market type and Timeframe in line with ICT teachings. This tool is meant to be used in Forex Markets and on a 15min or below Timeframe.