Unicorn Trade Indicator - Enhanced V1

24 thg 10

This code also contains pinescripts from iFVG (BPR) by Algorize and Visualizing displacement by tradeforopp who have kindly provided them as open source.

An ICT Unicorn is where a breaker block is traded through which incorporates a fair value gap. I decided to code this indicator as I couldn't find an existing free indicator on Trading View that performed adequately.

This indicator will highlight breaker blocks and when broken will post an Unicorn emoji and send an alert if requested. The last 3 breaker blocks are displayed, the prior boxes are labled PBB and are shown as red for bearish and green for bullish. After the main Unicorn is posted, the code continues to mark market structure shifts.

As all trading strategies work better with confluence I have added several other features which is very useful for people who are restricted on the number of indicators that can place on a single chart.

I have added iFVG (BPR) by Algoryze and Visualizing displacement by tradeforopp which have kindly been made open source by the authors. My thanks to them for their hard work.

Unicorn alerts will only be sent when a yellow displacement candle ( from the Visualizing displacement code) is present along with the Unicorn as this is the best type of Unicorn to trade.

The number of fvg's and bpr's from the code by Algoryze can be adjusted in the settings.

Also to add confluence I have used my own code to display liquidity depth boxes made popular by toodegrees.

I hope you find this indicator useful.

25 thg 11

Phát hành các Ghi chú

Added in display Higher Time Frame candles option to assist with fractal entry strategies

26 thg 11

Phát hành các Ghi chú

Deleted debugging options to stop multiple triangles appearing on the chart when first applied