Judas ICT Indicator with Confirmation MT4 Download - Free - [TradingFinder]

The Judas Indicator with Confirmation is designed to identify fake price movements on the chart. This indicator assists traders in detecting the primary price trend by showing fake outs, thus helping to prevent traders from being misled.

With confirmation of the primary trend in a 1-minute timeframe, the risk of trader misguidance is minimized.

Indicator Specifications

To better understand the functionality of the indicator, its specifications are mentioned in the table below:

Judas Indicator with Confirmation in an Uptrend

According to the gold-to-USD price chart (XAU/USD) in a 1-minute timeframe, the red arrow identifies a fake price breakout. It also indicates that the breakout is not genuine, and the trader should avoid initiating a short position; therefore, an uptrend may be observed in the ICT method.

Judas Indicator with Confirmation in a Downtrend

The Bitcoin-to-USD price chart (BTC/USD) in a 1-minute timeframe shows a fake bullish breakout. The trader might mistakenly perceive this breakout as genuine.

Although this indicator provides few confirmations, it helps prevent losses in trades.

Indicator Settings

The settings of the Judas Swing confirmation indicator can be customized based on the description and the image below:

• Theme: Indicator Theme;
• Start time New York: New York Start Time 09:30;
• End time New York: New York End Time 09:45;
• Number of seconds server is ahead: The time difference between server time and trading system time is 7200 seconds.

Conclusion

The Judas Indicator with Confirmation (Judas ICT Indices) can prevent traders from incurring losses by identifying fake price breakouts.

Based on New York market hours, it initially marks the high and low of the 15-minute range; whenever the price enters the range as a fake, it marks this with an arrow to show its inauthenticity.

However, the confirmation is only displayed in the 1-minute timeframe; therefore, this indicator is suitable for traders who engage in scalping.