Central Bank Dealers Range Indicator

Hopiplaka

My thanks go out to ICT - the life changer
rod178 said:
Yes I understand the Pit Trader start concept, although he seems to be erroneously basing it upon 13:20 GMT is should be NY or Chicago times to account for dst SHIFTS.

Actually my question was on the 02:20 EST. ie what exchange is that related to? Lodon????. My understanding is that only Open Outcry (ie Pit) trading in Europe is via the LME. ie not on FX etc, just metals.
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) to play with.

But the indi allows you to disable it :)

Like I said, I sometimes try concepts on different timeframes (like the CDR on weekly, monthly and yearly)
 

rod178

Well-Known Member
Hopiplaka said:
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) to play with.

But the indi allows you to disable it :)

Like I said, I sometimes try concepts on different timeframes (like the CDR on weekly, monthly and yearly)
Thanks for the response.
OK, understood.

imho the Fakeout after FO, usually B4 although sometimes after LO, is what to look for. Doubt that 02:20 EST is indicative, although NY 08:20 (Chicago 07:20) does seem to be indicative.
 

walshman

ICT has shown me PATIENCE is the KEY!
Hopiplaka said:
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

You can find the indicator at https://dl.dropboxusercontent.com/u/307602/fx_indicators/_ICT_CBDR.ex4
Hi Hop
Could you add 3 more levels of deviation please? Some pairs tend to move more then just three. Also could you add the 25% and 75% levels of deviation? If this is possible it would be awesome!
:peace: :hail:
 

Astranor

Member
walshman said:
Hi Hop
Could you add 3 more levels of deviation please? Some pairs tend to move more then just three. Also could you add the 25% and 75% levels of deviation? If this is possible it would be awesome!
:peace: :hail:
Hi,

yeah 3 more levels of deviations would be really really helpfull thanx!
 

IndianaPips

New Member
Astranor said:
Hi,

yeah 3 more levels of deviations would be really really helpfull thanx!
Or add a "# of deviations" setting. You could remove the red/green gradient if that would make things easier code-wise.

Is there a "Draw object as background" setting for those boxes?

Good job btw.
 

blankcanvas42

New Member
Hello all...new here...but Ive been spending some time on the CDR strategy ...seems like the major issue is the local timing...Im in PST can someone instruct me on what the time settings for this indicator for use in PST (during DST and without PST) thanks in advance and absolutely appreaciate the knowledge on here

Cheers
:)

Oh and my broker time is -5gmt (which i believe is = to NY Time)
 

rod178

Well-Known Member
So "MAJOR" that the very fabric of time has been disrupted

Seems that we are doomed to watch an infinite number of 'The Simpsons' reruns
 

Kanyisa

New Member
Hi Hopiplaka,

Am new here, would like to thank you for this indicator it's absolutely brilliant. I would like to request, if possible, the following adjustments : 1) increase of deviations as also mentioned in the above posts and 2) that the timing of the CBDR starts at 19h00 GMT or the setting is made flexible.

Hope this is not too much to ask.

Regards, Kanyisa
 

simbuzy

New Member
hi everyone, am new here.
can someone please help me with a video or tutorial on how to use the ICT_CBDR indicator.
also most of the download links posted are no longer working.
thanks.
 

simbuzy

New Member
hi everyone, am new here.
can someone please help me with a video or tutorial on how to use the ICT_CBDR indicator.
also most of the download links posted are no longer working.
thanks
 

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