OPEN-SOURCE SCRIPT
ICT Trend Candles [KTY]
ICT Trend Candles Indicator
[ Overview ]
This indicator colors candles based on market structure direction.
Candle colors change when BOS (Break of Structure) or CHoCH (Change of Character) occurs, allowing you to quickly identify the current trend direction.
[ Key Features ]
Structure-Based Coloring
- Bullish structure break → Candles turn bullish color
- Bearish structure break → Candles turn bearish color
- Color changes at trend shift points
Two Structure Options
- INTERNAL: Short-term structure based, faster color changes
- EXTERNAL: Long-term structure based, slower but more reliable
[ How to Use ]
1. Select structure type (INTERNAL or EXTERNAL)
2. Watch for candle color changes to identify trend shifts
3. Combine with other ICT concepts (OB, FVG, Liquidity) for confluence
Pro Tips:
- Use INTERNAL for scalping and short-term trading
- Use EXTERNAL for swing trading and position trading
- Color change after liquidity sweep = high probability reversal signal
[ Settings ]
Show Trend Candles: Toggle candle coloring on/off
Structure Type: Select INTERNAL or EXTERNAL
Bullish Color: Color when in bullish structure
Bearish Color: Color when in bearish structure
[ Notes ]
This indicator is designed for educational purposes.
Color change does not guarantee trend reversal.
Always combine with proper risk management.
If you find this indicator helpful, please leave a like and follow for more ICT-based tools!
[ Overview ]
This indicator colors candles based on market structure direction.
Candle colors change when BOS (Break of Structure) or CHoCH (Change of Character) occurs, allowing you to quickly identify the current trend direction.
[ Key Features ]
Structure-Based Coloring
- Bullish structure break → Candles turn bullish color
- Bearish structure break → Candles turn bearish color
- Color changes at trend shift points
Two Structure Options
- INTERNAL: Short-term structure based, faster color changes
- EXTERNAL: Long-term structure based, slower but more reliable
[ How to Use ]
1. Select structure type (INTERNAL or EXTERNAL)
2. Watch for candle color changes to identify trend shifts
3. Combine with other ICT concepts (OB, FVG, Liquidity) for confluence
Pro Tips:
- Use INTERNAL for scalping and short-term trading
- Use EXTERNAL for swing trading and position trading
- Color change after liquidity sweep = high probability reversal signal
[ Settings ]
Show Trend Candles: Toggle candle coloring on/off
Structure Type: Select INTERNAL or EXTERNAL
Bullish Color: Color when in bullish structure
Bearish Color: Color when in bearish structure
[ Notes ]
This indicator is designed for educational purposes.
Color change does not guarantee trend reversal.
Always combine with proper risk management.
If you find this indicator helpful, please leave a like and follow for more ICT-based tools!
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Hi, I'm Kim Thank You 👋
KTY = Kim Thank You (김땡큐)
After years of trading, I've studied countless technical analysis methods.
Now I create and share indicators based on that experience 📊
KTY = Kim Thank You (김땡큐)
After years of trading, I've studied countless technical analysis methods.
Now I create and share indicators based on that experience 📊
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Hi, I'm Kim Thank You 👋
KTY = Kim Thank You (김땡큐)
After years of trading, I've studied countless technical analysis methods.
Now I create and share indicators based on that experience 📊
KTY = Kim Thank You (김땡큐)
After years of trading, I've studied countless technical analysis methods.
Now I create and share indicators based on that experience 📊
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.