Judas Swing ICT Setup 03 + (CHOCH, FVG) Indicator on TradingView - Free

The Judas Swing Setup 03 Indicator (Judas Swing ICT) is designed to identify price traps and prevent traders from entering erroneous trades. This indicator first identifies the highs and lows within the 8:15 to 8:30 AM time interval.

During this interval, theJudas Move occurs, and a level break with a "CISD" between 8:30 and 8:45 AM defines the trend conditions.Identifying deceptive price movements and avoiding market maker traps is one of the main challenges for traders.

Judas Swing Indicator Specifications

Below is a table detailing the features and functionality of this indicator:

Indicator in an Uptrend

In the 1-minute chart of the EUR/USD pair, the price breaks through the low drawn by the indicator during the 15-minute timeframe with a deceptive move. The indicator first identifies key zones, including Order Blocks and Fair Value Gaps (FVG).

The price then grabs liquidity from these zones, triggering aChange of Character (CHoCH) that initiates an uptrend.This change signifies the start of an uptrend, and the indicator issues an entry signal for trading.

Indicator in a Downtrend

In the 1-minute chart of the GBP/USD pair, the price initially performs a false breakout of the high drawn by the indicator. Then, with a Change of Character (CHoCH) and a return to the Order Block zone, sufficient liquidity is gathered to initiate a downtrend.

The indicator identifies these changes and issues a sell signal.

Judas Swing Indicator Settings

This image shows the detailed settings of the indicator. The settings include options such as [Order Blocks Logical Setting, FVG Logical Setting, etc.]:

• Market: Select the financial market (Forex/Stocks).

Order Blocks Logical Setting

• Refine Order Block: Display Order Blocks with higher precision;
• Mitigation Level OB: Display closer Order Block zones.

FVG Logical Setting

• FVG Filter: Filter Fair Value Gap zones;
• Mitigation Level FVG: Display closer Fair Value Gap zones.

CISD Logical Setting

Bar Back Check: Number of candles, default: last 5 candles on the chart.

Order Block Display Setting

• Demand Order Block: Display demand zones, default color: green;
• Supply Order Block: Display supply zones, default color: red.

FVG Display Setting

• Demand FVG: Display Fair Value Gap demand zones in green;
• Supply FVG: Display Fair Value Gap supply zones in red.

CISD Display Setting

• Show All CISD: Display all CISD zones;
• Show High CISD: Highlight higher CISD levels, default color: red;
• Show Low CISD Name: Highlight lower CISD levels, default color: green;
• Forex Opening Range: Time range for Forex market opening (08:15 to 08:30);
• Forex Permit: Permitted analysis time for Forex market (08:30 to 08:45);
• Stock Opening Range: Time range for stock market opening (09:15 to 09:30);
• Stock Permit: Permitted time for stock market analysis (09:30 to 09:45).

Conclusion

The Judas Swing Indicator (Judas Swing ICT Setup 03) focuses on identifying deceptive price moves and liquidity concepts, serving as a useful tool to avoid erroneous trades.

By analyzingkey points during specific time intervals, it identifies Order Blocks and FVG, providing entry or exit signals.