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ICT Concepts Indicator for MetaTrader 4 Download

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MetaTrader4

MetaTrader5
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ICT Concepts Indicator for MetaTrader 4 Download
ICT Concepts Indicator for MetaTrader 4 Download 0
ICT Concepts Indicator for MetaTrader 4 Download 1
ICT Concepts Indicator for MetaTrader 4 Download 2
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The ICT Concepts Indicator is a professional and advanced tool designed for the MetaTrader 4 platform. It provides a complete collection of essential ICT and Smart Money concepts through a customizable user panel.

This indicator allows ICT-style traders to easily use concepts such as Order Blocks, Fair Value Gap (FVG), Breaker Block, Market Structure, and Kill Zones in their analysis.

The advanced settings panel offers practical customization for displaying each of these concepts.

ICT Concepts Indicator Table

Below is a general specification of the ICT Concepts Indicator:

Indicator Categories:
ICT MT4 Indicators
Smart Money MT4 Indicators
Session & KillZone MT4 Indicators
Platforms:
MetaTrader 4 Indicators
Trading Skills:
Advanced
Indicator Types:
Leading MT4 Indicators
Reversal MT4 Indicators
Non-Repainting MT4 Indicators
Timeframe:
Multi-Timeframe MT4 Indicators
Trading Style:
Day Trading MT4 Indicators
Intraday MT4 Indicators
Scalper MT4 Indicators
Trading Instruments:
Indices Market MT4 Indicators
Stock Market MT4 Indicators
Forex MT4 Indicators

Overview of the ICT Concepts Indicator

The ICT Concepts Indicator provides various adjustable modes that allow traders to implement their analysis based on a customized ICT strategy plan directly on the chart.

Covering core ICT concepts, this indicator is a suitable tool for informed decision-making in financial markets. Users can enable or disable analytical elements such as order blocks, market structure, or fair value gaps based on their needs.

Zigzag Mode

In the 30-minute silver chart, activating the Zigzag option in the ICT Concepts Indicator automatically draws zigzag lines with default values (5,3,3).

This feature allows traders to better visualize the overall market structure and identify key Swing High/Low points.

Zigzag lines play a significant role in detecting price swings and are useful for understanding trend directions, corrective moves, and identifying Break of Structure (BOS) or Change of Character (CHOCH).

Zigzag Mode
Zigzag Mode Visualization

Order Block Mode

When the Order Block option is enabled in the ICT Concepts Indicator, traders can identify areas where Smart Money has placed major orders. These zones typically initiate strong price movements and indicate significant buying or selling pressure.

The indicator highlights these order blocks, allowing users to track Smart Money footprints. When the price retraces to these zones after a pullback, traders have opportunities for high-probability entries.

Order Block Mode
Order Block Visualization

Breaker Block Mode

Enabling the Breaker Block mode in the ICT Concepts Indicator helps traders detect Breaker blocks that result from Liquidity Sweeps and Market Structure Shifts.

Breaker Blocks are former order blocks whose nature has changed from support to resistance or vice versa after a breakout.

For instance, when a bullish order block is broken, it usually turns into a new resistance zone. Conversely, a broken bearish order block becomes a bullish breaker block and acts as support.

Identifying these blocks and price retracements to such zones allows for more accurate trade setups. This concept, especially when supported by multi-timeframe analysis, significantly enhances trading precision.

Breaker Block Mode
Breaker Block Visualization

Fair Value Gap (FVG) Mode

Activating the Fair Value Gap (FVG) feature in the ICT Concepts Indicator allows traders to easily identify imbalance zones in the market. These gaps typically form in three-candle patterns where price quickly moves through an area without fully filling it.

FVGs result from intense buying or selling pressure and can act as hidden support or resistance levels. Since markets tend to seek equilibrium, these gaps often pull the price back like a magnet.

Professional traders can use these areas as trade entry opportunities when the price revisits and attempts to fill the gap.

FVG Mode
Fair Value Gap Visualizatio

Inverse Fair Value Gap (iFVG) Mode

A more advanced and practical ICT concept is the Inverse Fair Value Gap (iFVG), which plays a key role in identifying supply and demand zones. This occurs when a previous FVG changes nature due to price breaks and market structure shifts.

For example, if a bullish FVG forms and is later broken by price action, it becomes a bearish iFVG, acting as resistance.

Conversely, if a bearish FVG is broken, the resulting zone turns into a bullish iFVG, serving as new support.

By identifying these areas and observing price reactions, traders can find high-probability trade opportunities upon retest.

iFVG Mode
Inverse Fair Value Gap Visualization

Balanced Price Range (BPR) Mode

In the ICT Concepts Indicator, enabling the FVG Overlap Zone mode allows traders to view shared areas between two opposing fair value gaps (one bullish and one bearish).

This overlapping zone, known as the Balanced Price Range (BPR), represents a price equilibrium area where supply and demand forces are relatively balanced. Identifying the intersection of these two opposing gaps creates a key level on the chart.

Traders can use these zones as optimal entry points. They are particularly important when confirmed on higher timeframes and may serve as reversal or continuation areas.

BPR Mode
Balanced Price Range Visualization

Kill Zone Mode

In financial markets, certain time intervals show the highest volatility and trading volume. These areas, known as Kill Zones, are especially important for ICT-style traders.

When the Kill Zone option is enabled in the ICT Concepts Indicator, users can observe these key time windows on the chart and identify high-probability trade setups.

Considering the Daily Bias and overall market trend, traders can apply ICT strategies such as Judas Swing, Silver Bullet, or Optimal Trade Entry (OTE) to enter trades during price reversals or breakouts within the Kill Zones.

Kill Zone Mode
Kill Zone Mode Display

Market Structure (M Structure)

Traders seeking to understand price behavior and identify trend movements can use the Market Structure mode in the ICT Concepts Indicator for a more specialized ICT-style analysis.

This feature allows traders to quickly recognize Change of Character (CHOCH) and identify Break of Structure (BOS) levels.

Additionally, simultaneous display of Liquidity Levels and Inducement Zones helps traders interpret price movements after liquidity collection or inducement, enabling them to plan low-risk, high-probability trades.

Market Structure Mode
Market Structure Mode Visualization

ICT Concepts Indicator Settings

Below are the main configuration settings of the ICT Concepts Indicator:

ICT Concepts Indicator settings in MetaTrader 4
Dedicated ICT Concepts Indicator settings on chart (BCH/USD)
  • Candles To Check: Defines the number of candles to scan and identify concepts
  • Last Block: Enable/Disable the display of the latest zones
  • Untested: Enable/Disable the display of untested zones

Conclusion

The ICT Concepts Indicator is a specialized and advanced tool for technical analysts, ICT-style traders, and Smart Money practitioners. It enables deep analysis based on key concepts of these styles.

This indicator allows users to better understand market trends and price actions and identify optimal trade opportunities.

It is designed to provide deeper insights into market behavior, enabling traders to identify Order Blocks more precisely, track the footprints of Smart Money, institutions, and banks, and apply ICT-style strategies to define accurate entry and exit points.

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FAQs

What is the ICT Concepts Indicator, and which platform is it for?

The ICT Concepts Indicator is an advanced professional tool designed for the MetaTrader 4 platform. It provides a comprehensive suite of ICT and Smart Money concepts through a user panel.

What concepts does this indicator provide to traders?

It offers access to Order Blocks, Fair Value Gap (FVG), Breaker Block, Market Structure, and Kill Zones for ICT-style analysis.

What customization options does the settings panel offer?

The advanced settings panel allows users to customize the display of each concept. Traders can activate or deactivate analytical elements like order blocks, market structure, or fair value gaps based on their preferences.

How is Market Structure analyzed?

By enabling this feature, traders can detect Change of Character (CHOCH) and Break of Structure (BOS) levels. They can also monitor Liquidity and Inducement Zones to better interpret trend continuation or reversal after liquidity events.

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