Deep Dive Time Based Concepts - newsqlguru/ict-index GitHub Wiki

ICT Concepts are Based on Time and Price

  • Of the two variables, time is the more important, and can be thought of as Time then Price.
  • Time is the first factor traders should consider when making trade decisions.

  • https://www.youtube.com/watch?v=9_qyz3TNcJU&t=1075s

  • We look at price with the understanding of the Market Efficiency Paradigm.

  • We understand the market from the perspective of Smart Money, we look at the market from a basis of liquidity, balance, and rebalance, that's it.

  • There are four elements of price.

    • Buy Side Liquidity Run.
    • Sell Side Liquidity Run.
    • Run to balance an inefficiency.
    • Run to create an inefficiency.

  • The fifth element is Time.

Many of the concepts taught by ICT rely on time as the primary aspect of the concept.

  • It is important to remember time is fractal and concepts are applied on multiple time frames.

  • e.g.

    • ICT Kill Zones are based on time of day.
    • Weekly profiles are based on day of week.
    • Monthly Bias is based on Order Flow on a Monthly time frame.
    • Seasonality is based on Quarterly Market Shifts.

  • All times are NY Time, Eastern US Time Zone.

  • This page documents known concepts based on time resolution including the following resolutions.

    • Daily
    • Weekly
    • Monthly
    • Quarterly
    • Seasonal
    • IPDA Data Points (Look back and Projections)

  • Daily Time Resolution

    Hour(s) Related Concept(s) Purpose Known Rules Notes
    00:00 Midnight Open Start of IPDA trading day Reset of IPDA The algorithm resets for the next day at midnight NY time.
    00:00 - 02:00 Consolidation Range Projection Projection range for next day
    02:00 - 05:00 London Open Kill Zone Start of London regular trading hours Daily High/Low Typically high or low of the day will be set by London Open
    07:00 Start of NY Open Kill Zone NY AM Session
    08:30 News Embargo Lifted Market Driver Events Risk Off Typically a volatile point in time, wait for setup after event occurs.
    08:30 Start of NY AM Session NY AM Trading Session
    09:30 NY Open Regular Trading Hours NY AM Session
    09:30 Opening Gap Note RTH Open and Previous Session Close
    09:30 - 10:00 Opening Range Observe PA for willingness return to previous session close
    09:50 - 10:10 NY AM Macro Liquidity Raid or Reprice Imbalance
    10:00 End of NY Open Kill Zone NY AM Session
    10:00 Start of London Close End of London regular trading hours
    10:50 - 11:10 NY Pre-Lunch Macro Liquidity Raid or Reprice Imbalance Remaining Pool
    11:00 End of NY AM Session NY AM Trading Session
    11:00 Middle of London Close End of London regular trading hours Risk off
    12:00 End of London Close End of London regular trading hours
    12:00 - 13:00 NY Lunch Consolidation and projection Exit trades Use Fibonacci projections for afternoon price level targets.
    13:30 NY Post-Lunch Macro Liquidity Raid or Reprice Imbalance
    13:30 Start of NY PM Kill Zone NY Afternoon Trading Session
    14:00 NY PM Macro Liquidity Raid or Reprice Imbalance Watch for PD Array Inversion
    14:00 - 20:00 CBDR Central Bank Dealing Range Use Fibonacci projections for next day price level targets.
    14:00 - 00:00 Flout CBDR + AR Projection Range Use Fibonacci projections for next day price level targets.
    15:00 - 16:00 NY Last Hour Macro 1 Liquidity Raid or Reprice Imbalance 1 of 3 will run One of three will always run, two or all three will run occasionally.
    15:15 - 15:45 NY Last Hour Macro 2 Liquidity Raid or Reprice Imbalance 1 of 3 will run One of three will always run, two or all three will run occasionally.
    15:45 - 16:00 NY Last Hour Macro 3 Liquidity Raid or Reprice Imbalance 1 of 3 will run One of three will always run, two or all three will run occasionally.
    16:00 End of NY PM Kill Zone NY Afternoon Trading Session
    17:00 - 18:00 New Day Opening Gap (NDOG) Daily Futures Maintenance Hour 17:00 Close to 18:00 Open
    20:00 - 00:00 Asian Range Kill Zone Asia trading session Use Fibonacci projections for next day price level targets.

  • Weekly Time Resolution

    Days(s) Related Concept(s) Purpose Known Rules Notes
    New Week Opening Gap (NWOG) Opening Gaps Friday 17:00 Close to Sunday 18:00 Open
    Sunday Start of trading week
    Monday Set data points for week
    Tuesday Weekly high or low
    Wednesday Reversal or continuation
    Thursday Reversal or continuation
    Friday Reversal or continuation
    Saturday Weekly trade review

  • Monthly Time Resolution

    Month(s) Related Concept(s) Purpose Known Rules Notes
    January
    February
    March
    April Equities Seasonal Shift
    May Equities Seasonal Shift
    June
    July
    August
    September Equities Seasonal Shift
    October Equities Seasonal Shift
    November
    December

  • Quarterly Time Resolution

    Quarters(s) Related Concept(s) Purpose Known Rules Notes
    Q1 Quarterly Shift
    Q2 Quarterly Shift
    Q3 Quarterly Shift
    Q4 Quarterly Shift

  • Seasonal Time Resolution

    Seasons(s) Related Concept(s) Purpose Known Rules Notes
    Spring Spring Shift
    Summer Summer Shift
    Fall Fall Shift
    Winter Winter Shift

  • IPDA Data Points

    Time frames(s) Related Concept(s) Purpose Known Rules Notes
    - 20 Days Look back
    - 40 Days Look back
    - 60 Days Look back
    + 20 Days Projection
    + 40 Days Projection
    + 60 Days Projection