ICT Asian Range Indicator MT4
ICT Asian Range Indicator MetaTrader 4
The ICT Asian Range Indicator is developed to display price consolidation zones based on the ICT trading methodology. During the Asian session, the Forex market often remains in a tight range, followed by increased volatility and stronger movements during the London and New York sessions.
This session and kill zone indicator for MT4 highlights the Asian session range using red boxes drawn directly on the chart.
«Indicator Installation & User Guide»
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ICT Asian Range Indicator Specifications Table
| Category | ICT – Session & Kill Zone – Liquidity |
| Platform | MetaTrader 4 |
| Skill Level | Advanced |
| Indicator Type | Reversal – Breakout – Continuation |
| Timeframe | 1 to 5 Minutes – 15 to 30 Minutes – 1 to 4 Hours |
| Trading Style | Scalping – Fast Scalping – Day Trading |
| Market | All Markets |
Asian Range Indicator at a Glance
Breakouts from the Asian session range boxes are often treated as valid trade entry signals in the direction of the prevailing trend. The ICT Asian Range Indicator can be applied across all financial markets but is particularly effective in Forex trading.
Users can adjust the Tokyo session's start and end times for more precision and alignment with market conditions.
Bullish Trend Scenario
In the 5-minute chart of USD/CAD, the Asian session range is indicated with a yellow box. The price breaks above the upper boundary of the range, suggesting a bullish trend setup.
Bearish Trend Scenario
On the 5-minute chart of AUD/USD, price action breaks below the Asian session range during the Tokyo session. Given the behavior of the market during the London and New York sessions, this breakdown can be seen as a potential entry point for short trades.
ICT Asian Range Indicator Settings
The adjustable settings available in the ICT Asian Range Indicator are:
· Start Tokyo Time: Define the beginning of the Asian session
· End Tokyo Time: Set the ending time of the Asian session
· Color Box: Choose the color of the range box
· Fill Box: Option to fill the box interior with color
· Box Style: Select the style for the box borders
Conclusion
The ICT Asian Range Indicator automatically identifies and marks consolidation zones that occur during the Asian session.
This typically low-volatility session serves as a buildup phase, with potential for breakouts once the London and New York sessions begin. This MT4 indicator offers full customization for the range box's color and style, allowing traders to tailor the display to their personal chart preferences.
