The Judas Indices Indicator Without Confirmation (ICT), in the MetaTrader 4 indicators, is designed to identify false trend movements and liquidity hunting in the early hours of the New York market. This indicator detects fake price movements by market makers in the time frame from 09:30 to 09:45 (New York session) and informs traders of incorrect trade entries.
Indicator Table
| Category | ICT - Smart Money - Signal & Prediction |
| Platform | MetaTrader 4 |
| Skill Level | Advanced |
| Indicator Type | Continuation - Reversal |
| Time Frame | 1 minute - 15 minutes |
| Trading Style | Fast Scalping - Scalping |
| Market Type | Forex - Cryptocurrency |
Overview of the Indicator
The Judas Indices Indicator (Judas Indices ICT) considers the range between the last swing low and high in the 15-minute time frame from 09:30 to 09:45 New York time. During this period, market makers seek liquidity hunting.
After breaking the high or low (gray arrow), the price is expected to move in the opposite direction with a character change (CHoCH) and return to order blocks or FVGs. In this case, the indicator issues an entry signal with a green arrow for buy and a red arrow for sell.
Judas Indices Indicator in an Uptrend
The 1-minute price chart of AUD/USD is displayed. The indicator identifies the price trend after the low break in the 15-minute time frame and, after liquidity hunting and price increase, issues an entry signal with a green arrow upon the trend's return to the order block.
Judas Indices Indicator in a Downtrend
In the 1-minute price chart of USD/CAD, the indicator identifies the high in the 15-minute time frame and, after its break by the price, moves toward the FVG with liquidity taken; after the character change known as the "price gap" (CHoCH), the indicator shows an entry signal (Short).
Indicator Settings
- Color theme of chart and object: Chart background color;
- Start time New York: New York open time 09:30;
- End time New York: New York close time 09:45;
- Number of seconds server is ahead (backtest): Time ratio (seconds) to geographical position.
Conclusion
Utilizing key concepts such as the market opening at 09:30, identifying FVGs, order blocks, Break of Structure (BOS), buy liquidity, and sell liquidity, this indicator can easily become a primary trading strategy for traders and help in making better trend recognition decisions.
What is the main purpose of the Judas Indicator?
This indicator aims to identify fake movements and provide entry signals for traders.
Can the Judas Indices Indicator be used in different time frames
No, this indicator is applicable in the 1-minute and 15-minute time frames from 09:30 to 09:45 New York time.