Currency Pairs: Any
Timeframes: Any
Minimum Deposit: Any
Recommended Account Type: ECN or Raw Spread
Leverage: From 1:30 to 1:1000
Recommend broker: Roboforex
Recommend Vps: GoVPSFX
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ICT Turtle Soup Flux Charts on TradingView is a tool based on ICT’s “Turtle Soup” strategy, designed to trade false breakouts and capture liquidity. It helps traders find reversal points using liquidity and market structure shift concepts.
Key Features:
– Implementation of the ICT Turtle Soup strategy with an adaptive entry method.
– Customizable execution and backtesting parameters.
– Buy, sell, take profit and stop loss signal alerts.
How it works:
1. Identification of liquidity zones on a higher time frame: The indicator marks the levels where market orders accumulate (usually at the latest highs/lows).
2. Analysis of market structure on the current time frame**: Identifies the current trend through swing levels and support/resistance zones.
3. Waiting for liquidity capture: The indicator tracks when the price breaks through the liquidity zone on the higher time frame.
4. Confirmation of structure change: Entry into a position is confirmed by a change in the market structure (for example, the formation of a new swing level) on the current time frame.
5. Setting take profit and stop loss: The Average True Range (ATR) indicator is used to calculate levels with a minimum risk to reward ratio of 1:1.
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