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LuxAlgo
Jan 11, 2023 1:57 PM

ICT Killzones [LuxAlgo] 

British Pound/U.S. DollarFXCM

Description

This script highlights ICT Killzones on the chart along with Fibonacci retracements constructed from each Killzone's price range, allowing traders to find more optimal entries.

Settings

Killzone Retracements

  • Show Retracements: Determines whether Fibonacci retracements are displayed on the chart.
  • Extend: Determines if the retracements are extended outside the Killzone.
  • Reverse: Switches the maximum and minimum levels for the calculation of the retracements.


Other settings allow disabling as well as changing the retracement value and color.

Usage



Killzones are introduced by forex trader ICT and represent different time intervals that aims at offering optimal trade entries. Killzones include:

  • New York Killzone (7:9 ET)
  • London Open Killzone (2:5 ET)
  • London Close Killzone (10:12 ET)
  • Asian Killzone (20:00 ET)


Note that using timeframes superior to 1h can highlight incorrect intervals



Fibonacci retracements on an active Killzone are subject to changes, if no Killzones are active then the associated Fibonacci retracements will stay at their current level.



Disabling specific Killzones while having extended retracements will allow them to extend further. In the image above the New York and Asian Killzones are disabled.
Comments
JourneyToWealth
Schwarzennegger
Hello Bro, Hope you are well, thank's for your brilliant work, me just a beginner learning ICT, i am using your Sessions Algo, even though i set my TV chart to Newyork time frame , algo marks in the chart 18.00 as the day opening time! Instead of midnight 12 when the new day begins, what i am doing wrong?Thank you.
Also which of your premium algo would be helpful if i am practising ICT.. kindly suggest pls.
Vibranium_Capital
@Schwarzennegger, im also new to this, didnt know lux algo was going to make ICT content! lets gooo
saaleempanhalkar0990
Does this indicator repaint?
lanukus
Hi there. Seems like the daylight savings has pushed every start of zone by an hour. The indicator is printing all the zones late by an hour too. Is this by design or glitch. 2am zone is now 3am, 7am is 8am and 10am is 11am. Thank you
sniperking
.
mamoonjanmj7
@lanukus, yea same issue i am facing
TK42DAN
Unless I'm missing something, this really needs a way to change the time zone. While I understand that ICT asks everyone to use NYT, that's primarily so that he doesn't have to worry about confusing people anymore. I'm only one zone off and I like to use my own zone. Other than that, solid as usual.
rafaelbrown40
Thank you.
WeAreSat0shi
Thank you, Lux
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