ICT CheckList

The ICT CheckList tool provides a structured visual framework for traders to evaluate market conditions and institutional trading concepts before executing trades.

Usage

The tool displays a checklist on the chart interface that serves as a pre-trade validation system. Traders use the settings menu to manually toggle various ICT-based criteria based on their current chart analysis. This encourages discipline by ensuring all components of a trading model are present before entry.

Examples of checklist items include:

• Bias: Confirming the higher time frame directional narrative.
• Liquidity & PD Arrays: Identifying key areas of liquidity and Premium/Discount zones.
• SMT: Checking for Smart Money Technique divergences between correlated assets.
• Entry Model: Validating specific entry triggers like Order Blocks (OB) or Gaps.
• Time and Price: Ensuring the trade aligns with specific session killzones (Asia, London, NY).

Details

The script is a refactored and visually optimized dashboard inspired by the "TalesOfTrader" concepts. It uses a table-based interface that remains fixed to the chart, allowing traders to keep their trade requirements front and center. By manually inputting the status of various technical factors, traders can create a visual "Go/No-Go" gauge for their setups.

Settings

CheckList

• Bias: Select "Yes", "No", or "N/A" to define the directional bias.
• Define Liquidity: Toggle to confirm if liquidity pools have been identified.
• PD Array: Note if price is currently at a PD Array of interest.
• Session: Choose the active trading session (ASIA, Lon, NY).
• SMT: Indicate if SMT divergence is present.
• Apply Entry Model: Confirm if a specific model (e.g., Silver Bullet) is being applied.
• Gap / OB / MStructure: Manual toggles for specific technical structural elements.
• Risk/Reward (RR): Select the target reward-to-risk ratio for the setup.

Color

• Background Color: Adjust the transparency and color of the table background.
• Frame/Border Color: Customize the visual borders of the checklist.
• Header Text Color: Change the color of the "ICT CHECKLIST" header.

FAQ

How do I use the ICT CheckList?

To use the tool, open the indicator settings and update the dropdown menus for each criteria as you perform your analysis. The table on your chart will update visually with checkmarks or crosses.

Can this indicator automatically detect market structure?

No, this is a manual checklist tool designed to facilitate disciplined analysis. The trader must identify the conditions on the chart and manually update the checklist settings.

How can I access this tool?

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