Market Structure Indicator with Inducement ICT MT4
- Indicatori
- Mehnoosh Karimi
- Versione: 3.1
- Attivazioni: 10
IDM-CHoCH-BOS (ICT) Indicator for MT4
The IDM-CHoCH-BOS Indicator for MetaTrader 4 is an advanced market structure analysis tool designed to help traders gain deeper insight into price behavior and trend dynamics.
Developed using Inner Circle Trader (ICT) and Smart Money Concepts (SMC), this indicator detects critical market structure signals such as Change of Character (CHoCH), Break of Structure (BOS), and Inducement (IDM) zones. These elements allow traders to better time market entries and exits while improving overall trade accuracy and risk management.
IDM-CHoCH-BOS Indicator Overview
The table below highlights the main specifications of the IDM-CHoCH-BOS Indicator:
- Category: ICT – Smart Money – Technical Analysis
- Platform: MetaTrader 4
- Skill Level: Advanced
- Indicator Type: Trend Reversal & Continuation
- Time Frame: Multi-Timeframe
- Trading Style: Day Trading
- Markets: Forex, Crypto
Core Indicator Features
The IDM-CHoCH-BOS Indicator visually simplifies market structure analysis through clearly defined signals:
- Change of Character (CHoCH): Identifies key pivot points that may signal a shift in market direction. These signals are displayed in red.
- Break of Structure (BOS): Confirms bullish or bearish momentum following a CHoCH and highlights significant changes in price structure. Shown in blue.
- Inducement (IDM): Marks potential liquidity traps and false breakouts, helping traders avoid premature entries. Inducement zones are displayed in gray.
Bullish Market Example
On the GBP/USD 4-hour chart, the appearance of a CHoCH signals a potential bullish reversal. This shift is confirmed by a BOS, validating the emerging uptrend. If price later moves below a key structural level, traders may consider closing positions to secure profits and manage downside risk effectively.
Bearish Market Example
On the EUR/JPY 4-hour chart, a bearish bias develops after a CHoCH forms and is confirmed by a BOS. As price continues to create lower highs and lower lows, traders can monitor retracements toward the BOS zone to plan structured exits or trade management decisions.
Customizable Settings
The indicator offers adjustable parameters to align with different trading styles:
- Candle Count: Determines the number of historical bars used for market structure analysis.
Final Thoughts
The IDM-CHoCH-BOS Indicator for MT4 is a powerful technical tool grounded in ICT and Smart Money methodologies. By accurately identifying structural changes, trend reversals, and potential liquidity traps, it helps traders refine their market analysis, improve decision-making, and strengthen risk management strategies.

