Tools
Highlight important insights on your charts by considering time and liquidity. Track macros and make the most of opportunities when prices shift from one level to another at specific times of the day.
Within the context of ICT's teachings, macros refer to specific time frames during which algorithms reveal price movements from one level to another at particular times of the day.
These macros are like small programs that guide price runs and help traders anticipate market behavior.
By understanding these time macros, traders can identify optimal trade entries and predict price movements based on liquidity and inefficiencies in the market. It's essential to pay attention to these macros during different trading sessions to make informed trading decisions and avoid getting trapped in unfavorable positions.
We've created a solution to help traders stay informed about macro times, measured ranges, and track potential liquidity that may emerge during these specific periods.
Source: https://www.youtube.com/watch?v=BZ4HVsArJBE&t=1086s
Features:
Display Days: Enter the desired number of days to display
Default Colors & Strokes:
If the price range of the Macro has not been broken through, the Macro box will follow these default colors and customizations.
If price closes above the Macro range, then the Macro Box will be considered Bullish and will follow these customizations.
If price closes below the Macro range, then the Macro Box will be considered Bearish and will follow these customizations.
Once a Macro Box has been confirmed as either Bullish or Bearish it can only be manipulated if price closes below a Bullish Macro Box or if price closes above a Bearish Macro Box.
Projection Settings:
Once a Macro Box confirms Bullish or Bearish, standard deviation ranges will be plotted on the chart.
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