Venom ICT Model Indicator for in MetaTrader 4 - Free Download [TradingFinder]

The Venom ICT Model Indicator on MetaTrader 4 is designed based on three core elements—liquidity, time, and price according to the Venom strategy in ICT style.

This trading tool identifies the initial New York market range between 08:00 and 09:30 New York time and marks it as a red box as the reference zone for analysis.

After the official opening at 09:30, price usually breaks one of the boundaries of this range to absorb liquidity and ultimately displays buy or sell entry signals with green and red arrows.

Venom ICT Model Indicator Table

The general specifications of the Venom ICT Model Indicator are provided in the table below:

Venom ICT Model Indicator at a Glance

The Venom ICT Model Indicator integrates three major concepts: market structure shift (MSS), change in state of delivery (CISD), and fair value gap (FVG), in order to determine false breakouts and the entry path to trades.

This trading tool, focusing on Liquidity Zones, distinguishes structural reversals and separates genuine moves from false ones.

Indicator in Bullish Trend

The chart below displays the Canadian Dollar against the Japanese Yen (CAD/JPY) on the 15-minute timeframe.

In an uptrend, after a false breakout of the liquidity zone’s low, price enters the Liquidity Sweep stage and reacts quickly to create a strong bullish reversal.

Simultaneously, signs of a Market Structure Shift (MSS) and confirmation in the Fair Value Gap (FVG) are observed; as a result, conditions for entering a buy trade are formed.

Indicator in Bearish Trend

In the price chart of the US Dollar against the Swiss Franc on the 15-minute timeframe, the market structure within the Venom ICT Model clearly indicates a bearish trend.

After a short corrective move, price violates the high of the range with a false breakout and absorbs buy-side liquidity. Following this, with the formation of a Market Structure Shift (MSS) and a reversal at the Fair Value Gap (FVG) zone, conditions for a sell entry are provided.

Conclusion

The Venom Indicator (ICT Venom) is designed on the basis of liquidity, time, and price concepts, functioning as a specialized tool for identifying false breakouts and structural reversals.

This ICT-style indicator, by combining liquidity, MSS, CISD, and FVG, is capable of separating valid moves from fake ones.

Additionally, its focus on the initial New York session range ensures highly accurate entry and exit points.