Judas ICT Indicator with Confirmation MT5 Download - Free - [TradingFinder]

The Judas Indicator with Confirmation (Judas Indices ICT with Confirmation) is a specialized tool for MetaTrader 5 designed to detect fake price movements.

This indicator assists traders in accurately identifying fake breakouts (Fake outs) to help them recognize the primary price trend.

For increased accuracy, the indicator uses a confirmation system in the 1-minute timeframe to minimize error probability.

Indicator Specifications

Some of the essential information related to the indicator is displayed in the table above:

Judas Swing in an Uptrend

Based on the Cardano (ADA) price chart in a 1-minute timeframe, a downward trend has falsely entered the red-marked zone, which the indicator has highlighted with a red arrow.

This arrow indicates that the downward trend is fake, and traders should avoid entering a sell position.

Judas Swing in a Downtrend

According to the Binance Coin (BNB) price chart, in a 1-minute timeframe, an upward trend has falsely entered the red-marked zone, which the indicator has marked with a green arrow.

This arrow shows that the upward trend is fake, and traders should avoid entering a buy position.

Settings

The settings of the Judas Indices ICT with Confirmation indicator are as shown in 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) is a specialized tool for MetaTrader 5 that helps reduce trading risk by identifying fake breakouts.

This indicator operates based on the New York session, marking the high and low of the 15-minute range and identifying fake breakouts in the 1-minute timeframe.