Swing Failure Pattern (SFP) ICT Indicator for MT5 - [TradingFinder]

The SFP (Swing Failure Pattern) indicator identifies when the price initially touches a support or resistance level, seemingly breaks through it, but then quickly reverses, closing above or below that level.

This MetaTrader 5 indicator highlights liquidity-gathering areas with green and orange lines.

Swing Failure Pattern (SFP) ICT Specifications Table

This table provides an overview of the ICT SFP indicator and how it functions in trading:

Uptrend Conditions

In the EUR/USD chart [5-minute time frame], the price breaks below a previous support level or low forms a long wick, gathers liquidity, and then reverses.

The next candle closes above the support level, increasing the likelihood of a trend reversal.

Downtrend Conditions

In the XAU/USD (Global Gold) chart [1-minute time frame], the price breaks above a resistance level and creates a long wick above the previous high, but after gathering liquidity, it quickly reverses and closes below the resistance level.

Indicator Settings

Image below shows the customizable parameters of the ICT Swing Failure Pattern (SFP) indicator:

• Do you want to see the trends: See the trend analysis
• SFP Method: SFP trading strategy
• Color Management: Adjusting color settings
• Support Zone: Price level where it rises
• Resistance Zone: Price level where it falls

Conclusion

The SFP indicator in ICT style is a powerful tool for identifying fake breakouts at key support and resistance levels.

This Liquidity MetaTrader 5 indicator displays green and orange lines when the price, after gathering liquidity, rushes in the opposite direction.