ICT 2022 Mentorship Model Strategy

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ICT 2022 Mentorship Model Strategy

Introduction
This publication introduces the "ICT 2022 Mentorship Model Strategy," a systematic trading approach based on the Inner Circle Trader concepts. Designed for traders looking to identify institutional footprints in the market, this strategy captures high-probability setups by recognizing specific price action sequences.

Overview
The strategy implements the core principles from the ICT 2022 Mentorship model, focusing on a three-step sequence: Liquidity Sweep (LS), Market Structure Shift (MSS) with Displacement, and Entry via Fair Value Gaps (FVG). It's optimized for cryptocurrency markets on the 5-minute timeframe, with optional higher timeframe bias filtering.

Indicators & Libraries:

1. OrderBlockRefiner: Leverages TFlab's OrderBlockRefiner library for precise setup identification
   
2. OrderBlockDrawing: Utilizes TFlab's visualization system for clear market analysis
   
3. FVGDetectorLibrary: Employs TFlab's FVG detection algorithm to identify Fair Value Gaps
   

Strategy Core Components:

1. Liquidity Sweeps (LS): Detects when price moves above a swing high or below a swing low, triggering stop orders before reversing
   
2. Market Structure Shifts (MSS): Identifies clear breaks of near-term swing points in the opposite direction to the liquidity sweep
   
3. Fair Value Gaps (FVG): Recognizes three-candle patterns indicating price imbalances, often left behind by strong directional moves
   

Strategy Settings:

1. Swing Period: Default at 50, determines the lookback for swing high/low points
   
2. FVG Length: Default at 120, sets how long Fair Value Gaps remain active for trading
   
3. MSS Length: Default at 80, determines the window for detecting market structure shifts
   
4. FVG Filtering: Optional width filter with selectable aggressiveness (Very Aggressive to Very Defensive)
   
5. Entry Level: Configurable to Proximal, 50% OB, or Distal positions within the FVG
   

Entry Methods:
The strategy offers multiple entry approaches to accommodate different trading styles:

1. Proximal Touch Market: Enters immediately when price touches the FVG boundary
   
2. FVG Level Limit Order: Places a limit order at the specified FVG level
   
3. Candle Close Inside FVG: Enters only when a candle closes inside the FVG area
   

Exit Conditions:

1. Stop Loss Placement: Multiple methods including MSS Swing Point, FVG Distal, Liquidity Sweep Extreme, and more
   
2. Take Profit: Risk-to-reward based targets with a default 1.5R setting
   
3. Buffer Settings: Configurable stop-loss buffer as a percentage of the risk distance
   

Risk Management Features:

1. Time Filtering: Optional trading during specific "Kill Zones" (Asian, London, New York sessions)
   
2. HTF Bias Filtering: Option to align trades with higher timeframe trends
   
3. Volume Filtering: Ensures FVG creation occurs on significant volume
   
4. Consecutive Loss Protection: Automatically pauses trading after 3 consecutive losses for 4 hours
   
5. Statistics Dashboard: Real-time performance metrics including win rate, profit factor, and drawdown
   

The strategy is optimized for BTCUSDT.P and other major cryptocurrency pairs, particularly effective on 5-minute charts for intraday trading. But ofcourse this is also applicable for any markets like stocks, forex, commodities and indicies.

Visual Features:
This implementation includes comprehensive visualization of FVGs, market structure shifts, and liquidity levels. Active trade management displays show entry points, stop-loss levels, and take-profit targets, with color-coded bars during active trades.

I've spent significant time creating this complete implementation of the ICT 2022 Mentorship concepts. The strategy includes robust risk management, flexible entry methods, and advanced filtering options. Feel free to adjust the settings to suit your trading style - detailed tooltips are provided for each parameter.

Acknowledgements:
Special thanks to TFlab for the excellent libraries and the basis of the indicator that power this strategy's core functionality:
- OrderBlockRefiner_TradingFinder
- OrderBlockDrawing_TradingFinder
- FVGDetectorLibrary

Special Thanks to the PH community that is helping me learn, practice, and apply these into my daily trading for free - THE ASCENT!

PS.
Note you can always turn the visuals on or off from the style tab/section of the indicator

For a clean chart, I recommend turning the Background Color of HTF Bias, as well as bar colors to OFF, but for refrence you can always turn it back on.

Also, feel free to customize the colors, lines, background, to your preference.

Disclaimer
This strategy is shared for educational purposes only and must be thoroughly tested under diverse market conditions. Past performance does not guarantee future results. Trading cryptocurrencies involves substantial risk of loss and is not suitable for every investor. The effectiveness of this strategy can change with market conditions - what works in one period may not work in another. Always use proper risk management.

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Note di rilascio

Updated defaults for a better beginner friendly results, feel free to adjust.

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Note di rilascio

• minor visual option changes
  
• added alerts