CISD - CSD + High & Low ICT Indicator in MT4 Download - Free - [TradingFinder]

The CISD - CSD + High and Low Indicator is a MetaTrader 4 liquidity indicator based on the ICT trading style, designed to show potential trend reversal points.

This indicator utilizes the CISD (Critical Institutional Supply and Demand) concept to issue signals for trade entries based on the highest (High) and lowest (Low) price points in a specific timeframe. It also displays CISD on daily, weekly, and monthly timeframes.

CISD + High & Low Indicator Specifications Table

The specifications and features of the CISD – CSD + High and Low Indicator are displayed in the table below:

Entering Buy Trades

In the 1-hour chart analysis of Bitcoin (BTC), the trendline initially creates a false break of the Low price point.

As shown in the image, if the price returns and forms a CISD, the indicator displays it with a green arrow, signaling a buy trade entry.

Entering Sell Trades

The 15-minute chart analysis of the USD/CAD currency pair demonstrates how the CISD – CSD + High and Low Indicator works.

As shown, after a false break of the High price point, the indicator identifies the formation of CISD and displays it with a red arrow, signaling a sell trade entry.

CISD + High and Low Indicator Settings

The following items pertain to the settings of the CISD – CSD + High and Low Indicator:

• How to show invalidation OGs: Displaying invalid zones
• Show DHL on the chart: Display daily timeframe high and low points
• Show WHL on the chart: Display weekly timeframe high and low points
• Show MHL on the chart: Display monthly timeframe high and low points
• CISD Daily: Display daily CISD
• CISD Weekly: Display weekly CISD
• CISD Monthly: Display monthly CISD
• CISD break limit: Set the limit for CISD level breaks

Conclusion

The CISD - CSD + High and Low Indicator, one of the MetaTrader 4 signal and forecasting indicators, provides trade entry signals by drawing High and Low lines and identifying CISD levels.

This indicator, which relies on the CISD trading style, facilitates the analysis of supply and demand levels and price reversal zones.