Market Structure ICT Indicator with Inducement MT5
- Indicatori
- Mehnoosh Karimi
- Versione: 3.1
- Attivazioni: 10
ICT Market Structure Indicator with Inducements for MT5
The ICT Market Structure Indicator with Inducements is a sophisticated technical analysis tool based on Smart Money Concepts (SMC), specifically developed for the MetaTrader 5 platform. It is designed to help traders interpret price action through structured market behavior and institutional trading logic.
This indicator integrates three essential elements of market structure analysis: Change of Character (CHoCH), Break of Structure (BOS), and Inducements (IDM). Together, these components provide a detailed and systematic view of price movement, enabling traders to better recognize trend transitions and continuation phases.
CHoCH levels are automatically plotted in red to highlight potential shifts in market direction. When a valid structural break occurs, the indicator displays blue lines on the chart, allowing traders to identify key price transitions in real time.
Indicator Specifications
| Feature | Description |
| Category | ICT – Smart Money – Liquidity |
| Platform | MetaTrader 5 |
| Skill Level | Advanced |
| Indicator Type | Continuation / Reversal |
| Timeframes | Multi-timeframe |
| Trading Styles | Scalping, Day Trading, Swing Trading |
| Markets | Forex, Cryptocurrency, Commodities, Stocks |
Indicator Overview
One of the primary strengths of this indicator is its ability to identify Inducements (IDM) within important areas of the trend. Inducements represent price levels that entice traders into entering positions, often under the expectation of a breakout or trend continuation. In many cases, these moves can precede liquidity grabs or false breakouts.
Inducement zones become particularly powerful when analyzed on higher timeframes, where they can act as strong confluence zones for trade planning.
Uptrend Example
On a 15-minute GBP/USD chart, the indicator signals a Change of Character (CHoCH) when price closes above a previous high. This level is highlighted in red and may indicate a potential long opportunity. Additional Break of Structure (BOS) confirmations at higher levels strengthen the bullish scenario and support trend continuation.
Downtrend Example
On a 1-hour Binance Coin (BNB) chart, the indicator identifies a Change of Character (CHoCH) when price breaks below the previous low. This event, marked in red, can suggest a possible short setup. Subsequent BOS signals confirm bearish momentum and validate continuation of the downtrend.
Indicator Settings
- Theme: Adjust the visual appearance and color scheme of the indicator.
Final Thoughts
By combining market structure shifts, structural break confirmations, and inducement detection, the ICT Market Structure Indicator with Inducements offers a refined approach to price action analysis. Built around ICT and Smart Money methodologies, this indicator helps traders locate potential reversal zones, confirm trend direction, and make more informed trading decisions.

