ICT adr Levels and Zones indicator MT5
- Indicators
- Eda Kaya
- Version: 1.1
ICT ADR Levels and Zones indicator for MT5
The ICT ADR Levels and Zones indicator takes inspiration from the Inner Circle Trader (ICT) methodology and is specifically built for assessing daily price volatility in the markets.
This MT5 indicator evaluates the price activity across the last five sessions, taking into account prior highs and lows, to map out the Average Daily Range (ADR) zones. These calculated zones are then plotted on the chart at intervals of 1/3, 1/2, and 1 time the ADR value.
The respective levels are visually represented using green, blue, and red color codes.
«Indicator Installation & User Guide»
Specifications Table – ICT ADR Levels and Zones Indicator
Here are the technical details of the indicator modeled on ICT principles:
Category | Trading Utility – ICT – Liquidity Focus |
Platform | MetaTrader 5 (MT5) |
Skill Level | Intermediate to Advanced |
Indicator Type | User-Friendly |
Timeframe | Suitable for Reversal & Continuation |
Trading Style | Multi-Timeframe Compatible |
Market | Ideal for Scalping, Day Trading, Swing Trading |
Overview of the ICT ADR Levels and Zones Indicator
One of the primary strengths of the ICT ADR Levels and Zones indicator is its ability to flag potential fake-outs during major trading sessions like London and New York — phenomena referred to as Judas Swings in ICT terminology.
These setups often start with a price movement into one of the ADR bands, drawing in liquidity, followed by a sharp reversal into the actual directional move of the session.
Bullish Move Example
On a 15-minute BTC (Bitcoin) chart, price action penetrated the 1 and 1/3 ADR zones, triggered stop orders from sellers, and then reversed upward. In such cases, the bullish trend continues toward the opposite ADR zone.
Bearish Move Example
A 30-minute chart analysis of USD/CHF highlights how the ICT ADR Levels and Zones indicator functions. The price approached the upper ADR zones, induced buy-side liquidity, and then reversed to the downside.
Conclusion
The ICT ADR Levels and Zones indicator for MT5 serves as an effective resource for understanding intraday volatility. With clear mapping of 1/3, 1/2, and full ADR zones, traders gain insights into possible turning points and key price objectives.