ICT Killzones

The ICT Killzones indicator highlights specific high-volatility time windows associated with major Forex sessions, helping traders identify where key swing points and institutional liquidity hunts are likely to occur.

Usage

The Usage section describes how the script can be used. Traders utilize Killzones to narrow down their search for trade setups to specific hours of the day when market volume and volatility are at their highest. By default, the tool focuses on New York time and highlights the following periods:

• Asian Open: Often characterized by range-bound price action or the initial setup for the day's trend.
• London Open: Typically where the "Judas Swing" or the day's initial manipulation occurs, often setting the high or low of the day.
• New York Open: A period of significant volatility where the main trend of the day often continues or reverses.
• London Close: A window where profit-taking frequently occurs, often resulting in a retracement or a significant swing point.

Users can customize the start and end hours for each zone to align with their specific trading strategies or local time adjustments.

Details

The script executes by plotting horizontal lines during the designated hours for each Killzone. To maintain optimal chart performance, the script utilizes a lookback mechanism. The logic calculates timestamps based on the start of each new trading day and projects the Killzone lines forward using millisecond-based offsets. This ensures that the visual representation remains consistent across different intraday timeframes.

Settings

Killzone Timings

• Asian Open Start/End: Sets the start and end hour for the Asian session Killzone (Default: 20:00 - 00:00).
• London Open Start/End: Sets the start and end hour for the London session Killzone (Default: 02:00 - 05:00).
• New York Open Start/End: Sets the start and end hour for the New York session Killzone (Default: 07:00 - 10:00).
• London Close Start/End: Sets the start and end hour for the London Close Killzone (Default: 10:00 - 12:00).

Visuals

• Lines Width: Adjusts the thickness of the horizontal lines representing the Killzones.
• AS/LO/NY/LC KZ Colors: Allows for full customization of the colors for each specific session zone.

FAQ

What are ICT Killzones?

ICT Killzones are specific times during the trading day—based on the Inner Circle Trader methodology—where institutional activity is highest, often leading to the formation of key support, resistance, and swing points.

Can I change the session times?

Yes, all session start and end times are fully adjustable in the settings menu to accommodate different time zones or specific trading preferences.

How do I access ICT Killzones?

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