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Inducement and Sweep Indicator for MT4 Download - Free - [Trading Finder]

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Inducement and Sweep Indicator for MT4 Download - Free - [Trading Finder]
Inducement and Sweep Indicator for MT4 Download - Free - [Trading Finder] 0
Inducement and Sweep Indicator for MT4 Download - Free - [Trading Finder] 1
Inducement and Sweep Indicator for MT4 Download - Free - [Trading Finder] 2
Inducement and Sweep Indicator for MT4 Download - Free - [Trading Finder] 3
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The "Market Structure and Liquidity Hunt (MSIS)" indicator in MetaTrader 4 is an advanced tool designed to identify key areas and analyze market structure, enabling traders to better assess market conditions.

This indicator provides a comprehensive view of the market by accurately identifying Change of Character (CHoCH), Break of Structure (BOS), Inducement (IDM), and Liquidity Zones, offering traders a broad perspective of the market status.

Indicator Table

Category

ICT - Smart Money - Liquidity

Platform

MetaTrader 4

Skill Level

Advanced

Indicator Type

Reversal – Continuation

Time Frame

Multi-Time Frame

Trading Style

Scalping - Day Trading

Market

Cryptocurrency - Forex - Stocks

Market Structure and Liquidity Hunt Indicator in an Uptrend

According to the USD/MXN daily chart, an uptrend begins after a Change of Character (CHoCH); with each Break of Structure (BOS) on the chart, the indicator automatically identifies and marks it.

USD to MXN Liquidity Hunt
Liquidity Hunt in Daily Time Frame

Market Structure and Liquidity Hunt Indicator in a Downtrend

As shown in the image below, a downtrend begins in the USD/CAD pair in the 1-hour time frame after a Break and Change of Character (CHoCH). With each Break of Structure (BOS), price lows are broken, and the indicator automatically marks liquidity and inducement zones.

USD to CAD Pair
Display of Liquidity Hunt in 1-hour Time Frame

Indicator Settings

Settings
Liquidity Hunt Indicator Settings
  • Color theme of chart and object: Chart background color;
  • Candles to check: Number of return candles set to 1000;
  • Swing CHoCH: Calculated Change of Character equals 30 candles to the left and right;
  • Swing BOS: Calculated break equals 1;
  • Swing inducement: Calculated inducement equals 3.

Conclusion

This indicator, with its ability to identify Change of Character (CHoCH), Break of Structure (BOS), Inducement (IDM), and Liquidity Zones, provides a comprehensive view of market conditions. Traders using ICT and Smart Money styles can utilize this indicator to identify market inducement zones and enter trades with greater confidence.

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FAQs

What features does the "Market Structure and Liquidity Hunt indicator identify?

This indicator identifies Change of Character (CHoCH), Break of Structure (BOS), Inducement (IDM), and Liquidity Zones.

Which trading styles are useful for the Liquidity Hunt indicator?

This indicator is useful in ICT, Smart Money, and liquidity-based trading styles.

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