It is primarily used by Traders to Automate the Identification of Price Action frameworks, particularly those based on Smart Money Concepts (SMC) and ICT (Inner Circle Trader) methodologies.
Primary Purpose :
The indicator acts as a "MAP" that Automatically marks critical structural levels on the Chart, saving Traders from manual Analysis.
It Helps determine directional bias — whether the Market is likely to Trend Higher or Lower — by Analyzing the sequence of Swing Highs and Lows.
Key Features and Signals :
Most versions of this indicator include the following Automated markings :
- Automated Visualization :
Automatically labels Bullish (Green) and Bearish (Red) CHoCH events on the Chart, often alongside Break of Structure (BoS) labels.
- BOS (Break of Structure) :
Indicates a Continuation of the Current trend when Price breaks a Previous Higher High (HH) or Lower Low (LL).
- CHoCH (Change of Character) :
Signals a potential trend Reversal when the Market shifts from Bullish to Bearish (or Vice Versa).
- Liquidity Markers :
Identifies Equal Highs/Lows (EQH/EQL) and Inducement (IDCT or IDM)
A Marker of an event where the Price rapidly moves through a known Liquidity zone to trigger stop-orders before reversing.
These often Signal institutional entry points.
