Judas Swing ICT 01 New York Midnight Opening M15

The Judas Swing ICT 01 New York Midnight Opening M15 indicator helps traders identify institutional "fake-out" moves designed to trap retail liquidity during the New York session. By monitoring the 15-minute range following the New York midnight open, the tool highlights potential false breakouts and provides entry signals based on candlestick confirmations following a return to the initial range.

Usage

The indicator is designed to be used on lower timeframes, specifically M15 and below, to capture intraday volatility. The core logic revolves around the "Judas Swing" concept:

• Bullish Setup: The script identifies when price first breaks the High of the 15-minute New York midnight range, then reverses to break the Low, and finally returns upward to break the High again. A "Buy" signal is generated if a bullish candlestick pattern (like a Hammer or Engulfing) appears during the subsequent pullback.
• Bearish Setup: The script identifies when price first touches the Low of the range, then the High, and subsequently breaks back below the Low. A "Sell" signal is issued if a bearish candlestick pattern occurs during the pullback to the broken low.

Details

The Judas Swing is a classic Inner Circle Trader (ICT) concept that describes a deceptive move at the start of a session (the "Judas") before the real intended move occurs. This script automates the detection of this pattern by:

1. Defining the initial 15-minute range at the New York Midnight Open.
2. Tracking "First Touches" to determine if the initial liquidity grab was bullish or bearish.
3. Utilizing an internal candlestick engine that filters for Engulfing, Pin Bars, Inside Bars, and Dark Cloud/Piercing Line patterns to provide high-probability entry confirmations.

Settings

• Opening Range: Sets the specific time window (default 00:00-00:15) used to establish the high and low anchor points.
• Extend: Determines the duration for which the dashed range lines remain visible on the chart.
• Permit: Defines the session window during which the indicator is allowed to calculate and emit entry signals.

FAQ

How do I use the Judas Swing ICT 01 New York Midnight Opening M15?

Identify the midnight range marked by the indicator. Wait for a "fake-out" move that triggers both sides of the range, then look for the highlighted candlestick signals during the price correction back through the initial levels.

What markets is this strategy best suited for?

While it is particularly popular in the FOREX and stock markets due to the importance of the New York session open, it can be applied to any high-liquidity financial instrument that respects session timing.

How can I access this indicator?

You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.