Termos de Referência
Unicorn ICT model with 2 layered approach to find the setup and execute. Please find the attached for rules.
The Unicorn . Putting all together Now, with all components in hand, let's seamlessly integrate them into a well-structured whole 6.1 Opening times Time is our most crucial element. Our executions are exclusively timed during the opening periods:
● FX Opens: o London: 2 am – 5 am EST o NY: 7 am – 10 am EST
●Indices Open: o London: 2 am – 5 am o NY: 9:30 am – 12 pm EST We do not trade outside of the opening times.
Breaker "The breaker stands out as one of the most potent algorithmic entry patterns, particularly when liquidity is extracted at the opening price." - ICT
Draw on Liquidity (DOL) The most crucial element is the draw on liquidity. Price essentially engages in two activities: either running above/below a swing high/low or rebalancing an inefficiency. Consequently, our liquidity sources are swing highs/lows and Fair Value Gaps. To harness draw on liquidity, we extract information from higher time frames, aligning ourselves with the prevailing order flow on those timeframes.
Time Frame Alignment Our analytical approach always begins from higher time frames and progressively moves to lower time frames. Time frame alignment serves as our guide to determine the frames for analysis:
● Monthly PD array aligns with the Daily Entry Function
● Weekly PD array aligns with the 4HR Entry Function
● Daily PD array aligns with the 1HR Entry Function
● 4HR PD array aligns with the 15M Entry Function
● 1HR PD array aligns with the 5M Entry Function
● 15M PD array aligns with the 1M Entry Function
Entry Protocol: 1. Establish a clear bias from the higher timeframe analysis (Daily Chart) 2. Patiently await the opening of the NYSE market at 9:30. 3. Identify the Judas Swing, discerning its direction [Higher Time Frame raid (1h)]. 4. Within the area of interest, be vigilant for a stop hunt [Short-term raid (5m)]. 5. Ensure a breaker is formed with an inside Fair Value Gap (FVG) in 5m TF. 6. Strategically place a limit order at the breaker. 7. Implement a stop-loss order just below the breaker. 8. Consistently aim for a 2RR target aligned with the established bias.
If the price moves 2R before your entry, cancel the order. Execute trades only during Kill Zones, as this is where LRLR conditions are most likely to occur. Avoid executing trades before major news events; always wait until after the news is released. Ideal Points of Interest (POIs) include: Fair Value Gaps (FVGs) Swing Highs/Lows (H/Ls) _ For 4H > 15M > 1M setups, ensure there are two POIs on the 4H and 15M charts. This is essential since 1M trades are more prone to getting chopped up. If the price is stuck between two conflicting POIs (e.g., 1H BISI & 1H SIBI), WAIT for clearer confirmation. 12 / 13 Remember, the Unicorn model is a reversal pattern that works best at the extremes of ranges, not within them. Be cautious when taking this setup inside a range, as it may indicate consolidation
Low Probability Conditions( to be avoided) Mondays with no news Often result in false moves of the week. Day before major economic events like: CPI, NFP, FOMC, or Pre-FOMC AM session. London session overextended If the session aggressively takes both highs and lows of AR (Asian Range). Pre/during JPow speech Refers to speeches by Jerome Powell, known for significant market impacts. Indecision on daily bias Uncertainty in market direction increases risk. Daily chart overextended _©FurqanMalickTrades Example: 3–4 consecutive one-sided large candles, signaling exhaustion. HTF (Higher Time Frame) levels reached ahead of session If significant levels have been hit already, the market may lack momentum. Trapped order flow Example: 4-hour BISI (Buy-side Imbalance/Sell-side Inefficiency) or 4-hour SIBI (Sell-Side Imbalance/Buy Side Inefficiency) indicating indecisive or skewed market conditions