ICT Unicorn Model
By LuxAlgoJan 23, 2024
ICT Unicorn Model hunts the unicorn setup — a fair value gap overlapping a breaker block — and validates a pattern only once price successfully re-tests the gap. The bullish case forms as a lower low gives way to a higher high with the FVG sitting on the breaker; the bearish case mirrors it, higher high then lower low. Every confirmed pattern arrives framed for execution: blue target and grey stop Risk/Reward zones are drawn immediately, and a white line marks whichever side resolves.
How to Trade the ICT Unicorn Model?
- Confirmed bullish Unicorn: after the LL-to-HH shift and gap re-test, trade toward the plotted target zone with the stop area defining risk.
- Confirmed bearish Unicorn: the HH-to-LL sequence with a validated gap frames shorts the same way.
- Trailing stop: the optional trailing stop allows exits before the stop zone is hit — useful for partial profit-taking.
- Swing tuning: shorter swing settings surface short-term breakers; longer ones isolate patterns built on bigger structure.
A new detection replaces any unconfirmed pattern in the same direction, while confirmed patterns stay active until target or stop is reached. Context still matters — liquidity, broader conditions and avoiding volatile news periods all sharpen the read.
ICT Unicorn Model Settings
- Swings: the swing lengths used by the ZigZag engine to identify Unicorn structure.
- Combine: lets opposing bullish and bearish patterns coexist instead of clearing the older one — more context in view, with extra chart clutter as the trade-off.
- Risk/Reward: sets the ratio that positions the target zone relative to the stop.
- Trailing Stop: swing lengths that modulate how the trailing stop follows price.
- Bullish and bearish patterns toggle independently, with FVG box and trailing stop colors to match.
Frequently Asked Questions
What confirms a Unicorn pattern?
The successful re-test of the fair value gap that overlaps the breaker block. Until then a pattern is provisional and can be replaced by a newer same-direction detection; once confirmed, it remains active until the stop or target resolves it.
Can a mitigated gap invalidate a pattern?
That is your call — a setting controls whether a mitigated FVG triggers pattern removal. Enabling it keeps only setups whose gap remains intact; disabling it preserves patterns for traders comfortable with deeper retests.
How do I access the ICT Unicorn Model?
Free, via the LuxAlgo Library. If you also like time-based ICT models, the ICT Silver Bullet makes a natural companion, filtering gap setups by fixed session hours instead of structure.
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