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CISD [TradeWithRon]

1 811
The CISD (Change in State of Delivery) indicator helps traders identify significant price action events by tracking liquidity sweeps and CISD events. It highlights key market structure shifts by marking liquidity levels and failed breakouts, offering insights into potential reversals and breakout confirmations.

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Features:

CISD Detection: Identifies high and low CISD events with customizable display settings.
Customizable Display: Users can control how many CISD lines and liquidity lines are shown.

Customization:
- Adjust the number of CISD and liquidity lines displayed.
- Modify the swing length and back-checking period for greater flexibility.
- Choose different colors and line styles to match your charting preferences.

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Use Cases:
- Spot traps and reversals.
- Identify breakout confirmations.
- Enhance market structure analysis.
- Combine with other technical indicators for improved decision-making.


🔶 Disclaimer
Use with Caution: This indicator is provided for educational and informational purposes only and should not be considered as financial advice. Users should exercise caution and perform their own analysis before making trading decisions based on the indicator's signals.

Not Financial Advice: The information provided by this indicator does not constitute financial advice, and the creator (Tradewithron) shall not be held responsible for any trading losses incurred as a result of using this indicator.

Backtesting Recommended: Traders are encouraged to backtest the indicator thoroughly on historical data before using it in live trading to assess its performance and suitability for their trading strategies.

Risk Management: Trading involves inherent risks, and users should implement proper risk management strategies, including but not limited to stop-loss orders and position sizing, to mitigate potential losses.

No Guarantees: The accuracy and reliability of the indicator's signals cannot be guaranteed, as they are based on historical price data and past performance may not be indicative of future

Penafian

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