ICT Market Structure Screener

The ICT Market Structure Screener by Zeiierman identifies key market structure levels and patterns using Smart Money Concepts. It highlights bullish and bearish structures, premium and discount levels, and generates alerts for significant market changes, making it an essential tool for understanding institutional trading behaviors and market trends.

How the ICT Market Structure Screener Works

The indicator identifies high and low pivot points over a specified period and analyzes these to determine changes in market structure. It categorizes price movements into bullish or bearish structures, indicates potential trend reversals or continuations, and plots premium and discount levels to identify overbought and oversold conditions. Real-time updates and alerts provide timely information on significant market structure changes.

Usage of the ICT Market Structure Screener

• Trend Following: Identify and follow bullish or bearish market structures, entering trades in the direction of the trend. Use premium and discount levels for optimal entry points.
• Reversal Trading: Utilize Change of Character (ChoCH) signals to spot potential trend reversals and adjust trading strategies accordingly.
• Support and Resistance: Leverage mid-range, premium, and discount levels as key support and resistance zones for making informed trading decisions.
• Multi-Symbol Analysis: Monitor multiple markets simultaneously with the screener table, quickly assessing the market structure of various assets and identifying trading opportunities.

Features of the ICT Market Structure Screener

• ChoCH (Change of Character): Indicates potential trend reversals when price breaks significant highs or lows.
• SMS (Smart Money Shift): Marks transitions in market structure where smart money starts accumulating or distributing assets.
• BMS (Bullish/Bearish Market Structure): Confirms trend direction with higher highs and lows for bullish, and lower highs and lows for bearish structures.
• Premium and Discount Levels: Identify overbought (premium) and oversold (discount) zones for potential entry and exit points.
• Customizable Settings: Adjust pivot periods, response periods, and structure display options for tailored analysis.

Conclusion

The ICT Market Structure Screener by Zeiierman is a powerful tool for traders aiming to understand and capitalize on institutional trading behaviors. By highlighting key market structures and providing real-time alerts, it aids in making informed and strategic trading decisions.