ICT Judas Swing

The ICT Judas Swing indicator is a comprehensive strategy tool designed to identify and execute the "Judas Swing" concept by tracking liquidity grabs and Fair Value Gaps (FVG). It aims to automate the detection of smart money maneuvers during specific market sessions to pinpoint potential price reversals.

Usage

The indicator identifies liquidity zones by locating high and low pivot points. During the New York session open (9:30 - 9:45 AM), the script monitors for a break of these zones, interpreted as a "Judas Swing" or liquidity grab.

1. Wait for Liquidity Grab: The script highlights buyside or sellside liquidity being taken during the specified session window.
2. Confirm with FVG: After the grab, the tool looks for a Fair Value Gap in the opposite direction. A bullish FVG following a sellside grab triggers a Buy signal; a bearish FVG following a buyside grab triggers a Sell signal.
3. Execution: Once a signal is generated, the tool automatically plots Take-Profit (TP) and Stop-Loss (SL) levels. Users can use the backtesting dashboard to evaluate historical performance on any given ticker and time frame.

Details

The "Judas Swing" is a classic ICT concept involving a false price movement designed to engineer liquidity before the true trend of the day established. This implementation focuses on the volatility of the New York open. The script utilizes an Average True Range (ATR) based calculation for dynamic risk management, ensuring that TP and SL targets adapt to the specific volatility of the asset being traded.

Settings

General Configuration

• Swing Length: Determines the period for pivot detection used to identify liquidity zones.
• FVG Detection Sensitivity: Choose between Low, Normal, High, or Extreme to filter the size of detected Fair Value Gaps.
• Show Sessions/FVGs: Toggles the visibility of session boxes and FVG zones on the chart.

TP / SL

• TP / SL Method: Toggle between "Dynamic" (ATR-based) or "Fixed" (Percentage-based) exit targets.
• Dynamic Risk: Adjusts the distance of dynamic targets; higher risk settings allow for wider stops and targets.
• Fixed Take Profit / Stop Loss %: Sets the exact percentage offset for exits when the Fixed method is selected.

Backtesting & Visuals

• Backtesting Dashboard: Enables a summary table showing win rate and performance metrics.
• Alerts: Toggle specific alerts for Buy, Sell, TP, SL, and the start of a "Judas" waiting phase.

FAQ

How do I interpret the backtesting dashboard? The dashboard calculates results based on the historical signals generated by the script using your current settings, providing data on success rates and profitability.

Can I change the session time for the Judas Swing? The script is hard-coded to the ICT standard 9:30 AM New York session, which is the most common time for this specific liquidity phenomenon.

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