Automatic Premium and Discount ICT Indicator MT5

Automatic Premium and Discount ICT Indicator MT5

Developed based on the ICT trading framework, the Automatic Premium and Discount ICT Indicator MT5 assists traders in identifying key Premium and Discount zones within major price movements. It marks crucial Swing Highs and Swing Lows with “P” and “D” symbols, making it easier to recognize potential trading zones.

By selecting the “P” and “D” markers, traders can activate visual overlays on the chart that highlight areas of potential overbought and oversold conditions. Additionally, the indicator’s settings panel allows users to tailor the analysis for both minor and major price swings.

«Indicator Installation & User Guide»

MT5 Indicator Installation | Automatic Premium and Discount ICT Indicator MT4 | ALL Products By TradingFinderLab | Best MT5 Indicator: Refined Order Block Indicator for MT5 | Best MT5 Utility: Trade Assistant Expert TF MT5 | TP & SL Tool: Risk Reward Ratio Calculator RRR MT5 | Prop Firm Protector: Trade Assist Prop Firm Plus TF Expert MT5 | Money Management + DrawDown Protector: Trade Panel Prop Firm Drawdawn Limiter Pro MT5


Indicator Features

Here’s a detailed breakdown of the Automatic Premium and Discount ICT Indicator MT5 specifications:

Feature

Details

Category

ICT - Liquidity - Market Structure

Platform

MetaTrader 5

Skill Level

Advanced

Trade Type

Reversal - Trend Continuation

Timeframes

Multi-timeframe Support

Trading Style

Scalping - Intraday Trading

Market

Forex, Stocks, Crypto

 

Indicator Functionality

This tool identifies the first 50% retracement of a price swing as the Premium zone (highlighted in pink). Many traders use this level to evaluate potential Buy or Sell opportunities when price revisits this zone.

 

Buy Setup Example

On a 5-minute Cardano (ADA) chart, selecting the "D" marker reveals the Premium and Discount levels across the price swing. The indicator maps out the first half of the upward price movement, defining this area as the Premium zone. When the price retraces into this range, it signals a possible Buy entry point.

 

Sell Setup Example

On a 15-minute AUD/USD chart, activating the “P” label displays the Premium and Discount levels for a given price movement. The indicator marks Swing Highs and Lows, identifying the initial 50% retracement as the Premium zone, which may indicate a high-probability Sell entry when price revisits this region.

 

Customization Options

Traders can personalize the indicator using the following settings:

  • Small Swing: Enables detection of minor price movements
  • Big Swing: Activates analysis for major price swings
  • Opposite Color: Adjusts the zigzag line color for better visibility

 

Conclusion

The Automatic Premium and Discount ICT Indicator MT5 is a powerful tool designed to simplify market structure analysis by automatically detecting Swing Highs and Lows and plotting key Premium and Discount zones.

Built for MetaTrader 5, this ICT-based indicator categorizes the first 50% retracement of a price movement as the Premium area, helping traders identify high-probability entry and exit points. With its interactive “P” and “D” markers, users can instantly highlight Premium and Discount zones on their trading charts, enhancing decision-making and improving trade precision.

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TP & SL Calculator Indicator for MT5 The  Take Profit & Stop Loss Calculator Indicator  serves as a valuable  risk  and  capital  management tool for determining and setting  take profit (TP)  and  stop loss (SL) levels . These levels can be  easily  drawn directly on the chart using the indicator. This tool enhances capital management by providing a separate box that includes the following features: The ability to create and manage  take profit  and  stop loss levels  for both  Buy  and  Sell  
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Refined Order Block Indicator for MT5 Designed with the principles of ICT and Smart Money strategies, the Refined Order Block (OBR) indicator is an essential tool for traders on the MetaTrader 5 (MT5) platform. It identifies and highlights significant price levels by marking bullish order blocks in green and bearish order blocks in brown. These levels represent potential price reversal areas, often influenced by large institutional and bank orders. As price reaches these key zones, it is likely
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Risk Reward Ratio Calculator Indicator MT5 The R/R Ratio Calculator is an essential tool designed to help traders set Take Profit and Stop Loss levels directly on the chart while analyzing each trade's risk reward ratio . This indicator features a user-friendly management panel for adjusting levels and a movable box that clearly displays the Take Profit , Entry Point , and Stop Loss values. Traders can create these levels using two methods either by dragging the lines on the chart or by manually
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Order Block Indicator for MT5 The Order Block Indicator (OB) is a highly efficient tool tailored for traders utilizing ICT and Smart Money trading methodologies. Specifically built for the MetaTrader 5 (MT5) platform, this indicator enables traders to pinpoint crucial price zones where major financial institutions execute their orders. These areas often act as key decision points, where price movements tend to reverse after encountering liquidity. Traders can leverage this tool to refine their
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Trade Assistant Expert TF MT5 The Trade Assistant Expert is a specialized trading tool developed for MetaTrader 5, featuring an interactive chart-based control panel for seamless trade execution and risk oversight. This expert advisor incorporates key functionalities such as automatically adjusting Stop Loss to the entry point (Break Even), activating Trailing Stop, and displaying the countdown until the next candlestick formation. «Indicator Installation & User Guide» MT5 Indicator Installation
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Market Structure Indicator BOS CHOCH MT5 The Market Structure Indicator (BOS-CHOCH) is a specialized ICT-style tool designed for MetaTrader 5 (MT5) . This indicator detects both primary and secondary market character shifts (CHOCH) and breaks in structure (BOS) across multiple levels, offering valuable insights for ICT and Smart Money traders . By helping traders analyze price behavior, it enhances market structure recognition and provides more precise trade opportunities. «Indicator Installati
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BOS and CHOCH with Label Indicator MT5  The BOS-CHOCH market structure shift detector is an advanced tool designed for traders who analyze internal price movements on the MetaTrader 5 (MT5) platform . This indicator leverages sophisticated algorithms to cater specifically to traders following ICT (Inner Circle Trader) and Smart Money trading methods . It automatically detects Break of Structure (BOS) and Change of Character (CHOCH) and marks them on the chart with clearly labeled annotations. A
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Easy Trade Manager Expert in MT5  The Easy Trade Manager Expert is a risk and position management tool for MetaTrader 5 . This specialized product offers a panel for easily setting Stop Loss and Take Profit levels in several straightforward ways. The management panel includes settings, a theme change for the chart, and a Risk to Reward ratio calculation based on user input. «Indicator Installation & User Guide» MT5 Indicator Installation  |  Easy Trade Manager MT4  | ALL Products By   TradingFin
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TP & SL Calculator Indicator for MT4 The Take Profit & Stop Loss Calculator Indicator is a valuable tool designed for the MetaTrader 4 platform . It enables traders to calculate and display the profit and loss for each trade.  This indicator features a dedicated management box that provides several essential tools for efficient trade handling, including: Creating Take Profit and Stop Loss levels for buy and sell positions ; Determining trade volume in lots; Displaying the Risk to Reward (R/R) r
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Easy Trade Manager Expert in MT4   The Easy Trade Manager Expert is a specialized product designed for effective trade management and risk reduction within the MT4 platform. This tool features a user-friendly panel to easily set Stop Loss and Take Profit levels automatically. The management panel includes settings for adjusting chart themes and calculating the Risk-to-Reward ratio. «Indicator Installation & User Guide» MT4 Indicator Installation  |  Easy Trade Manager Expert MT5   | ALL Product
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Refined Order Block Indicator for MT4 The Refined Order Block (OBR) indicator is a specialized tool tailored for traders utilizing ICT and Smart Money (SMC) methodologies on the MetaTrader 4 (MT4) platform. This indicator pinpoints bullish order blocks in green and bearish order blocks in brown, assisting traders in recognizing pivotal market zones. Order block regions are critical price areas where substantial institutional orders can heighten the probability of trend reversals or directional
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BOS and CHOCH with Label Indicator MT4  The BOS-CHOCH with Label Indicator is an essential tool for traders who employ ICT and Smart Money trading strategies. Utilizing a sophisticated algorithm, this indicator detects and marks price structure breakouts (known as BOS, or Break of Structure) and shifts in market behavior (CHOCH, or Change of Character) directly on the chart. By showcasing every structural shift and market transformation, traders can efficiently observe both significant and subt
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ZigZag Indicator for MT5 The ZigZag Indicator is a valuable tool available in MetaTrader 5, designed to highlight the highs and lows on a price chart. By marking pivotal turning points in price—commonly referred to as Pivot Highs and Lows (HH-HL-LH-LL)—it simplifies the process of identifying price trends. In any price movement, consecutive peaks and troughs are formed. Understanding these patterns correctly is essential for recognizing the direction of the overall market trend or short-term fl
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Order Block Void Indicator MT5 The Order Block + Void Indicator in MetaTrader 5 is an advanced tool designed to detect key liquidity areas and highlight them as order blocks. These zones are frequently utilized by institutional traders, making them ideal reference points for determining support and resistance levels. This indicator visually marks bullish order blocks with green boxes and bearish order blocks with red boxes. Additionally, once an order block is consumed, it turns gray to indic
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Three 3TP Easy Trade Pad Expert for MT4 Download  The 3TP Easy Trade Pad Expert is a specialized tool developed for capital management , risk management, and trading on the MetaTrader 4 (MT4) platform. This advanced tool, with its functional and specialized panel, allows traders to easily manage their stop loss (SL) and take profit (TP) levels. This expert includes features for setting acceptable loss and expected profit (R/R) and managing trades with advanced options, providing traders with a p
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Risk Reward Ratio Calculator Indicator MT4 The Risk Reward Ratio Calculator Indicator is a practical tool that helps traders easily define take profit (TP) and stop loss (SL) levels, while calculating the risk-to-reward ratio (R/R) for each trade. This indicator includes a management panel where traders can set the TP, SL, and R/R values. The indicator displays TP and SL levels as green and red boxes, respectively. These boxes are adjustable, allowing traders to either manually set the levels
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Order Block Void Indicator MT4 Order Blocks represent critical price zones where institutional traders place significant buy and sell orders. These areas often serve as key support and resistance levels on price charts. The Order Block + Void indicator for MetaTrader 4 autonomously marks these order blocks on the chart. One of its notable features is displaying the percentage of the order block that has been utilized, turning the consumed section gray. This tool highlights bullish order blocks
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Fair Value Gap (FVG) Indicator for MetaTrader 4 – Download and Guide Traders rely on a variety of tools and strategies to discover profitable investment opportunities. Among these, the Fair Value Gap (FVG) indicator in MetaTrader 4 stands out as a highly effective tool. An FVG represents a price gap within the market structure where supply and demand are not balanced. These gaps emerge during sharp price movements. In simple terms, when three candlesticks form, the gap between the first and thi
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Fair Value Gap Void MT5 The Fair Value Gap and Void (FVG + Void) indicator is specifically designed for ICT and Smart Money (SMC) traders, utilizing sophisticated algorithms to detect and highlight imbalance zones and FVGs on price charts. This tool is tailored for the MetaTrader 5 (MT5) platform, where bullish FVGs are represented in green and bearish FVGs in brown, allowing traders to quickly recognize critical trading areas. When the price revisits these zones, the indicator marks the portio
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Market structure indicator BOS CHOCH MT4 The BOS-CHOCH Market Structure Indicator is an ICT-style tool developed for MetaTrader 4 (MT4). It is designed to assist traders who follow ICT methodologies in recognizing shifts in the market’s dominant and secondary trends. By pinpointing structural breakouts and market character changes, traders can refine their technical analysis for more precise decision-making. «Indicator Installation & User Guide» MT4 Indicator Installation  |    Market structur
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Download the Laguerre RSI Indicator for MT5    The Laguerre RSI indicator is a powerful trend-following oscillator designed for MetaTrader 5. It can function independently as a trading tool or serve as a supporting confirmation indicator within broader strategies. Unlike the traditional RSI, it significantly reduces signal lag, particularly in extended time frames. Additionally, it employs a gamma (Γ) filter that minimizes price fluctuations, leading to fewer misleading signals. «Indicator In
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Improved Fair Value Gap Void MT5 The Improved Fair Value Gap (iFVG + Void) indicator for MetaTrader 5 is an advanced iteration of the traditional Fair Value Gap "FVG" indicator. Fair Value Gaps emerge following sharp price movements, marking crucial zones where supply and demand are unbalanced. Price action often gravitates back to these levels. This indicator visually marks bullish Fair Value Gaps (FVG) with green boxes and bearish Fair Value Gaps with red boxes. Additionally, it shades the us
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CISD-CSD & BPR Combined Indicator MT5 The CISD-CSD + BPR Combined Indicator is an advanced tool based on the ICT (Inner Circle Trader) trading style in MetaTrader 5. This indicator utilizes the three concepts of "CSD," "CISD," and "BPR" to identify specific zones on the chart and issue trading signals under appropriate conditions. The "CISD" concept comprises four elements: consolidation , impulse , fluctuation , and divergence . Typically, the price exits these zones with a rapid movement ( I
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Modified Fair Value Gap (FVG) Indicator for MT5 The Modified Fair Value Gap (Modified FVG-iFVG) indicator is a sophisticated and efficient tool designed for ICT and Smart Money traders, optimized for the MetaTrader 5 (MT5) platform. This indicator detects and marks market imbalance areas (FVG), highlighting key supply and demand zones. Bullish FVG zones are displayed in green, while bearish FVG zones appear in brown. As the price revisits these levels, the indicator dynamically updates by progr
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Swing Failure Pattern BB OB Indicator for MT5 The Swing Failure Pattern (SFP) indicator is a valuable tool in MetaTrader 5, designed to identify false breakouts and key market reversal points. This indicator provides a visual representation of significant price action events such as Break of Structure (BOS), Change of Character (CHoCH), and Fake Breakout (SFP). It is particularly useful for traders following price action strategies, ICT methodologies, and Smart Money trading concepts to pinpoin
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