Judas Swing Indices Indicator (ICT) in MT5 Download - Free - [TradingFinder]

The Judas Index indicator is a key tool in MetaTrader 5 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

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.