ICT Hydra Macros

The ICT Hydra Macros tool helps traders identify specific time-based windows by drawing customizable colored boxes that automatically adjust to the high and low prices of those intervals. This script aims to simplify the visualization of manipulation or expansion macros, allowing users to quickly spot key periods of market activity across multiple sessions.

Usage

The indicator can be used to monitor up to 26 individual time frames (macros) simultaneously. Each macro is represented as a box on the chart, spanning the specified start and end time. Users can use these boxes to:

• Identify the price range (high/low) established during a specific time window.
• Monitor manipulation or expansion phases as taught in various ICT-based strategies.
• Label sessions with time text to quickly distinguish between different scheduled events.

The boxes are dynamic; as price moves within the specified session, the box height updates to contain the price action. Once the session concludes, the box remains as a historical reference for support, resistance, or range analysis.

Details

The script executes based on user-defined timezones (defaulting to America/New_York) to ensure alignment with major market sessions. It utilizes TradingView's box drawing objects to create visual overlays. A key feature is the "True Macro Open" line, which can plot a horizontal level at the start of a macro to provide a reference point for price deviations. To maintain chart performance, users can limit the number of days the script draws and set a maximum timeframe for visibility.

Settings

General Settings

• Limit Days to Draw: Specifies how many days into the past the indicator will render boxes.
• Timeframe Limit: The maximum chart timeframe (e.g., 15 minutes) on which the boxes will be visible.
• Timezone: The GMT offset or specific city timezone used to calculate session times.

Macros Settings

• Show Macros Boxes: A master toggle to enable or disable the drawing of all session boxes.
• Display Text: Toggles the visibility of the time range label inside each box.
• Macros Transparency: Adjusts the opacity of the background color for all active macros.
• Macro 1-26: Individual toggles for each of the 26 macros, allowing specific start/end times and unique colors.

True Macro Open

• Show True Macro Open: Displays a horizontal line at the opening price of the macro session.
• Color / Style / Width: Customization options for the appearance of the macro opening line.

FAQ

How do I access ICT Hydra Macros?

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

Can I change the timezone to my local time?

Yes, you can adjust the "Timezone" setting in the General Settings section to match your preferred trading hours or local time.

Why aren't the boxes appearing on my daily chart?

Check the "Timeframe Limit" setting. By default, the indicator may be set to only display on lower timeframes (like 15 minutes or below) to avoid cluttering higher timeframe charts.