TheJudas Index (Without Confirmation) indicator is a key tool in MetaTrader 5 indicators that assists analysts in identifying fake price moves. Many traders enter trades due to incorrect analysis of the initial price movement; this indicator helps traders become aware of these fake moves (false moves) and provides entry signals for trading.
The Judas Index Indicator (Judas Indices ICT) specifically examines the swing range between the last high and low within a 15-minute timeframe from 09:30 to 09:45 during the New York session. During this period, market makers are known for hunting liquidity.
Indicator Table
| Category | ICT - Smart Money - Liquidity |
| Platform | MetaTrader 5 |
| Skill Level | Advanced |
| Indicator Type | Continuation - Reversal |
| Timeframe | 1 minute - 15 minutes |
| Trading Style | Fast Scalping - Scalping |
| Market | Forex - Cryptocurrency |
Overview of the Indicator
The Judas Index indicator is designed to identify fake price movements and provide entry signals to traders. Analyzing deceptive market movement patterns helps traders avoid incorrect decisions and unsuitable trade entries.
The indicator is activated after a breakout of a high or low (marked with a gray arrow). This occurs when the price experiences a character change (CHoCH) and returns to areas like order blocks or voids (FVG). In such cases, the indicator displays entry signals with a green arrow for buy and a red arrow for sell.
Judas Indicator in Uptrends
In the 1-minute USD/CHF chart, after the breakout of the price high (gray arrow), the price moves downward with a character change (CHoCH) and then returns to order block areas or gaps (FVG). The indicator shows an entry signal for buying with a green arrow.
Judas Indicator in Downtrends
In the 1-minute EUR/USD chart, after the price low breaks (gray arrow), the price moves upward with a character change (CHoCH) and returns to order block areas or voids (FVG). The indicator identifies these areas and issues a sell entry signal with a red arrow.
Indicator Settings
- Color theme of chart and object: Background color of the chart;
- Start time New York: Start time of New York session 09:30;
- End time New York: End time of New York session 09:45;
- Number of seconds server is ahead (backtest): Time offset (seconds) by geographical location, default is 7200.
Conclusion
As a key tool in market analysis, the Judas Index indicator has a high capability for identifying fake price movements, enabling traders to make more accurate trading decisions. This indicator is specifically useful during the early hours of the New York session (09:30 to 09:45) to detect fake price moves.
What is the Judas Index Indicator?
A tool for identifying fake price movements in financial markets.
What trading style is the Judas Index Indicator suitable for?
The Judas Index Indicator is suitable for scalping and fast scalping.