dmn's ICT Toolkit

3 Des 2022

This is my quality of life indicator for forex trading using the methods and concepts of ICT.
The idea is to automate marking up important price levels and times of the day instead of doing it manually every day.


Killzones

• Marks the most volatile times of the day on the chart, during which the intraday high/low usually takes place.
  
• Particularly impactful when there's news released during these times.
  
• London Open (02:00-05:00 EST)
  
• New York Open (08:30-11:00 EST)
  
• London Close (10:00-11:30 EST)
  

True Day delineation

• Vertical line at the start of the "true day" (00:00 EST), start of the algorithmic trading day and aids in visualizing the intraday direction.
  

New York midnight price level

• Noteworthy price level at the start of the "true day".
  
• This price level is referenced by the interbank trading algorithms during the day. Buy below it on bullish days, sell above it on bearish days.
  

Daily open price level

• Reference level for optimal trade entries. Buy below it on bullish days, sell above it on bearish days.
  

Central Banks Dealers Range (CBDR) (14:00-20:00 EST) &
Central Banks Dealers Flout (CBDF) (15:00-24:00 EST) &
Asian Range (AR) (20:00-24:00 EST)

• The standard deviation lines available are used to make predictions for short-term future highs/lows when the CBDR and AR are smaller than 40 pips.
  
• Trade them by looking for 5/15min key levels that converge with the projection levels.
  

X days Average Daily Range (ADR)

• Default to 5 days back, gives an idea of how much movement to expect intraday when the ADR high/low is converging with CBDR/CBDF/AR standard deviations.
  

Current Daily Range (CDR)

• Used for comparison against the ADR to help determine if there's enough intraday range left to enter a trade.
  
• Dynamically changes color based on percentage of the ADR. Green below 50% of ADR, orange between 50 and 100%, red when CDR exceeds ADR.
  
  All of the above are used in conjunction with each other and higher timeframe levels of importance to find entries and target.
  
  Note: Preferably use New York's time zone for your charts.

6 Des 2022

Catatan Rilis

Added Asian Killzone

6 Des 2022

Catatan Rilis

Added weekday labels

6 Des 2022

Catatan Rilis

Forgot the code that made toggling weekday labels on and off work.

7 Des 2022

Catatan Rilis

Added customization options for the stats box

7 Des 2022

Catatan Rilis

Added GMT Midnight open price line
Fixed a settings bug

14 Des 2022

Catatan Rilis

Added 4am open price line (experimental)
Added price level labels

31 Des 2022

Catatan Rilis

Added some options:

• Use bodies or wicks for the ranges.
  
• Timeframe on which the ranges are measured.
  
• Customizable start and end times for the ranges.
  

4 Jan 2023

Catatan Rilis

Added customizable number of std. deviations.

6 Jan 2023

Catatan Rilis

Fixed a weekday display bug when using unorthodox exchanges' data feeds.
Also added an offset option to move the text horizontally to get it in a nice spot when it's misaligned due to the exchange used.

10 Jan 2023

Catatan Rilis

• Changed default killzone times for NY open and London close.
  
• Added optional "trueday" deliniation for sundays.
  
• Added standard deviation projection line width option.
  

10 Jan 2023

Catatan Rilis

Reverted a couple of things meant for testing purposes that got published (killzone vertical shift and dynamic CBDR box border color).

10 Jan 2023

Catatan Rilis

Updated the indicator chart image to better reflect the current version.

12 Jan 2023

Catatan Rilis

Redesigned killzone indicators with optional text labels.

14 Jan 2023

Catatan Rilis

• Text label related killzone option bug fix.
  
• Added option to use the old visual style of killzones.
  

20 Jan 2023

Catatan Rilis

Chart timeframe related asian range standard deviation calculation bug fix

1 Feb 2023

Catatan Rilis

Added PDH and PDL Levels.

1 Feb 2023

Catatan Rilis

Changed a tooltip.

2 Feb 2023

Catatan Rilis

• Added PMH and PML levels.
  

12 Feb 2023

Catatan Rilis

• Added New York Lunch to killzones (off by default)
  

13 Feb 2023

Catatan Rilis

• Fixed NY Lunch history lines/boxes not being removed when history is toggled off.
  

16 Feb 2023

Catatan Rilis

• Changed PDH/PDL Lines to the previous true day h/l instead of the previous daily candle's h/l.
  
• PDH/PDL Lines now start at the actual high and low.
  

13 Mar 2023

Catatan Rilis

• Added automatic timezone option (sets the indicator's timezone automatically to New York).
  

19 Mar 2023

Catatan Rilis

• Fixed asian open killzone box dynamic text color bug.
  

30 Mar 2023

Catatan Rilis

• Fixed PML/PMH line positioning bug that could occur under certain circumstances.
  

9 Apr 2023

Catatan Rilis

• gmt open time correction.
  

12 Mei 2023

Catatan Rilis

Build 1457

• Added Y-offset option for killzone boxes/lines (higher value = closer to price)
  

26 Jan

Catatan Rilis

Increased Killzone size limit for better visibility on certain tickers.

25 Agu

Catatan Rilis

Replaced a single character in the code.