It's just something I play with to see if the concepts are "universal". It has no relationship with anything ICT tells.
But ICT says the hi/lo of the day usually gets formed between 2:30 and 3:30 EST, that's why I choose 2:20 EST (early LO after Frankfurt opens and before London comes online)...
You might want to give this one a try:
It also allows you to set a CME level for LO (2:20 EST), but you can disable that.
It's just something I monitor to see if is has a significant meaning.
I've updated the indicator with the new info released by ICT:
1) You can now choose to show either the CDR, Asian Range or Flout (CDR+AR)
2) You can choose to use the 1H or 15 Min candles
3) You can choose to include wicks or not
4) Enable daylight saving, AR will be only 4 hours instead of 5...
One way to prevent this is to go to the Indicator List, choose CBDR indi, go to the Visualization tab page, and disable the culprit timeframes.
For ICT Adr, I disabled the weekly and monthly timeframe because of this error.
When you pay attention to the attached screenshot, you can see it is a 'classic LO sell'.
First they run the asian sell stops, next they move it up to a resistance line of some sort (ote zone in this case), next a smaller TF ote to short.
See https://www.tradingview.com/v/73f8PVHr/ for some...
Weekly dealer range
It's been a while since I updated this thread, so let's continue with an update.
I've been playing a lot with my weekly dealer range concept (based on ICT's central bank dealer range).
Lately I use tradingview to do my analysis but I didn't port the weekly dealer range...
This is how I do it most of the times :)
First you put on a weekly chart and lay out the most obvious weekly order blocks (the ones close to where price is at Friday). Just 2 lines here, a red one for a bullish order block, a green one for a bearish order block.
Next I check out the obvious...
I still think there is no issue.
The bar is drawn correctly over the 6 bars. I think what you mean is that the tan box is lower than the 6'th bar, but that's because the CDR runs until 00:00, but the bar itself runs until 00:59, so it is possible that you have a candle that is higher/lower the...
Can you go to the 'About' dialog of the indicator and look at the version of the indi?
There was an issue but it has been fixed, the latest version is 1.20.
You can get it here: https://dl.dropboxusercontent.com/u/307602/fx_indicators/_ICT_CBDR.ex4
First I had this trade on, lining out the high of the week based on the resistance line:
I took profit around 100 pips as specified in the comment (support line and order block).
Price retraced indeed.
Because the high of the week was already in place...
Thanks for the info Foreigner, really appreciate your view on this.
The B2OB is indeed a great indicator in determine the trend, but only used at a clear SR level.
You can find a number of B2OB setups but if it's not around a key SR line, you will be burned (I've noticed :D )