ICT Macros

The ICT Macros indicator visualizes specific high-probability time windows known as macros to assist traders in anticipating institutional liquidity runs and price rebalancing.

Usage

The Usage section describes how the script can be used to identify specific trading windows. The indicator automatically plots vertical dotted lines and labels on the chart to signify the beginning and end of algorithmic trading periods. Traders typically use these markers to expect price movements toward buy-side/sell-side liquidity or towards a Point of Interest (POI) for rebalancing.

Key features include:

• Automatic Time Marking: Identifies "Macro Open" (M.O.) and "Macro Close" (M.C.) for London and New York sessions.
• DTCC Windows: Highlights specific Depository Trust & Clearing Corporation settlement times.
• Alert System: Provides real-time notifications for macro starts, ends, and 2-minute warnings.

Details

The script is based on the theory that large-scale institutional algorithms execute specific series of trades during fixed time intervals. By plotting these windows, the tool helps align retail analysis with potential algorithmic activity. The timezones are configurable, though the default settings follow New York (EST/EDT) time, which is the standard for ICT-based methodologies. The construction utilizes timestamp functions and line.new calls to ensure precision across different chart timeframes.

Settings

• Timezone: Allows the user to adjust the reference timezone (Default: America/New_York).
• Macro Color: Sets the color for the standard New York session macro lines and labels.
• London Macro Color: Sets the color for the London session macro lines and labels.
• DTCC Color: Sets the color for the DTCC settlement markers.
• Show M.O. / M.C.: Toggle visibility for New York Macro Open and Macro Close markers.
• Show London M.O. / M.C.: Toggle visibility for London session specific macro markers.
• Show DTCC: Toggle visibility for DTCC settlement lines.

FAQ

How do I use the ICT Macros indicator?

Simply add the script to your chart; it will automatically draw vertical lines at the specific macro times. Use these periods to look for liquidity sweeps or fair value gap rebalances.

Can I change the colors of the lines?

Yes, the indicator features a Settings menu where you can customize the colors for London, New York, and DTCC windows to match your chart theme.

How do I get access to ICT Macros?

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