OPEN-SOURCE SCRIPT

ICT Market Protraction (0:00, 7:00, 20:00 NY time highlight)

By OrcChieftain
Market protraction, as defined by ICT, is a time-specific reoccurring impulse move in forex markets. It is designed for market manipulation and will go in the opposite direction of the following trend.

My indicator will add a shape above/below the candle if it fits the time criteria.

I recommend to watch: ICT Mentorship Core Content - Month 1 - Impulse Price Swings & Market Protraction on Youtube
Release Notes
I added filter that makes everything visible only on lower timeframes for which it is intended anyway.
Candlestick analysisictinnercircletradermanipulationVolatility
OrcChieftain

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

Disclaimer