One Shot One Kill Indicator for MetaTrader 4 Download - [TradingFinder]

The One Shot One Kill ICT indicator is an advanced concept within the ICT style, designed to identify low-risk entry points in financial markets.

This indicator aligns with price action analysis, offering trading signals based on trend reversals or continuations.

One Shot One Kill Specification Table

Below is the specification table for the One Shot One Kill tool in the ICT style:

Uptrend Conditions

In the NZD/USD currency pair's 5-minute timeframe chart, a price floor forms at 16:30 (broker time zone) and during the release of significant news (Forex Factory Orange News). Consequently, after the CISD line breaks, a blue arrow is displayed.

Additionally, when the trend retraces to the CISD line within 15 candles, a red arrow generates an entry signal.

Downtrend Conditions

The chart below displays the USD/CHF currency pair in a 5-minute timeframe. The MT4 ICT indicator identifies price gaps (indicating buyer-seller imbalance).

Breaking the last price floor and considering major economic news generates a sell signal (indicated by the red arrow) as the CISD line breaks, and the candle returns to this line.

Indicator Settings

Image provided shows the default settings of the One Shot One Kill ICT indicator:

• Color Theme Of Chart And Object: Chart and object color theme
• Time To Check In HH: MM Format: Time to check in 24-hour format
• How Many Days Top Or Bottom: Specify days to wait for the highest or lowest point
• Filter The Size Of the Candle: Filter the candle size
• Time Difference: Display Time difference

Conclusion

The One Shot One Kill ICT indicator is an analytical tool that combines concepts of liquidity, price action, and reactions to economic news. It enables traders to better identify key market levels.