ICT Daily Levels and Zones

The ICT Daily Levels and Zones indicator provides a comprehensive set of automated tools designed for traders utilizing Inner Circle Trader (ICT) concepts. It streamlines the identification of critical market levels, killzones, and opening ranges, offering a consolidated view of daily price action structure.

Usage

The indicator automatically plots several key elements directly on the chart to assist with daily analysis:

• Killzones: Highlights Asia, London, and New York killzones. You can customize the start and end times to match specific instruments like Index Futures or Forex.
• Time of Day Levels: Automatically marks the Midnight (NY), 8:30 AM, and 9:30 AM opening prices, which are often used as anchors for intraday bias.
• Opening Ranges: Highlights the 9:30 AM to 10:00 AM opening range. This can be extended across the session to monitor price interactions with the initial balance.
• Opening Range Gap: Visualizes the gap between the prior day's 4:15 PM close and the current day's 9:30 AM open.
• Daily Midnight Candle: Displays a synthetic ICT-style daily candle formation based on the Midnight open, helping traders visualize daily range development within lower timeframes.

Details

The script is built to help traders maintain focus on institutional "true day" cycles. By utilizing a NY Midnight separator, the tool aligns the chart with the ICT "Daily Power of 3" (Accumulation, Manipulation, Distribution) logic. The logic calculates levels dynamically based on user-defined times and can be restricted to a specific number of historical days to maintain chart performance and clarity.

Settings

• Hide above: Disables the indicator on timeframes higher than the selected value to prevent data distortion.
• Limit to last X days: Controls how many days of historical data are calculated and displayed.
• Killzones Group: Toggle and customize the background, borders, and specific time windows for Asia, London, and NY sessions.
• Open Ranges Group: Toggle the 9:30 AM range and the Open Range Gap, with options to extend these zones throughout the day.
• Time of Day Group: Customize the appearance (color, style, width) of the Midnight, 8:30 AM, and 9:30 AM opening price lines.
• Daily Candle Group: Configure the display of the synthetic daily candle, including colors for bullish/bearish movements and wick settings.

FAQ

How do I adjust the sessions for Forex pairs? You can modify the "Open Hour" and "Close Hour" within the Killzones section of the settings to align with your specific asset's most liquid hours.

Why does the indicator disappear on higher timeframes? The "Hide above" setting is active by default (set to 15m) to ensure that the precise intra-hour levels are rendered correctly. You can adjust this in the general settings.

How can I access the ICT Daily Levels and Zones? You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.