Care Package

Understanding Settings

You will learn which settings means what

Care Package [In-Depth-Settings]

Sessions/Killzones:

Purpose: Defines specific trading sessions—such as Asia, London, and New York—and highlights "killzones," periods of heightened market activity.

Benefit: Helps traders focus on times with increased volatility, aligning with ICT's emphasis on optimal trading periods.

Opening Price Levels/Bars:

Purpose: Marks key opening prices at specific times (e.g., 00:00, 08:30).

Benefit: These levels often act as support or resistance, aiding in predicting potential market movements.

High/Low Markings:

Purpose: Highlights significant price points, including:

Last N Days: Recent highs and lows for trend analysis.

Previous Day (AM/PM): Highs and lows from prior trading sessions.

Benefit: Assists in identifying key levels for intraday setups and understanding recent market behavior.

New Day/Week Opening Gaps:

Purpose: Identifies price gaps at the start of new trading days or weeks.

Benefit: Gaps can indicate strong momentum or potential areas where price may return to "fill" the gap.

Fair Value Gaps (FVGs):

Purpose: Detects price inefficiencies where institutions might have entered or exited trades.

Benefit: These zones are potential setups for entries or exits, aligning with ICT's focus on institutional activity.

Fractals & Order Blocks:

Purpose: Identifies fractal patterns and key institutional zones known as order blocks.

Benefit: Highlights areas where price reversals or continuations are likely, crucial for ICT strategies.

Market Structures:

Purpose: Tracks key price swings, such as higher highs (HH), higher lows (HL), lower lows (LL), and lower highs (LH), as well as market structure shifts like Change of Character (CHoCH) and Break of Structure (BoS).

Benefit: Helps confirm trends or reversals, essential for making informed trading decisions.

Volume Imbalances:

Purpose: Highlights areas where buying and selling are unbalanced.

Benefit: These zones often attract prices for mitigation or reversal, offering potential trade opportunities.

Date & Time:

Purpose: Adds timestamps to plotted elements.

Benefit: Facilitates alignment with specific trading sessions and strategies, enhancing temporal analysis.

Calculated Bars:

Purpose: Defines the historical data range (up to 5000 bars) the tool analyzes.

Benefit: Ensures comprehensive analysis for plotting levels, gaps, and structures.

Last Updated:

February 5, 2025

Feb 5, 2025

© Copyright 2025 and Powered by BORSA 321

© Copyright 2025 and Powered by BORSA 321

© Copyright 2025 and Powered by BORSA 321