ICT Turtle Soup Ultimate V2

📜 ICT Turtle Soup Ultimate V2 — Advanced Liquidity Reversal System
Overview:
The ICT Turtle Soup Ultimate V2 is a next-generation liquidity reversal indicator built on the principles of smart money concepts (SMC) and the classic ICT Turtle Soup setup. It is designed to detect false breakouts (liquidity grabs) at key swing points, enhanced by proprietary logic that filters out low-quality signals using a combination of trend context, kill zone timing, candle wick behavior, and multi-timeframe imbalance zones.

This tool is ideal for intraday traders seeking high-probability entry signals near liquidity pools and imbalance zones — where smart money makes its move.

🔍 What This Script Does
🧠 Liquidity Grab Detection (Turtle Soup Core Logic)
The script scans for recent swing highs/lows using a user-defined lookback.

A signal is generated when price breaks above/below a previous swing level but closes back inside — indicating a liquidity run and likely reversal.

A special Wick Trap Mode enhances this logic by detecting long-wick fakeouts — where the wick grabs stops but the candle body closes opposite the breakout direction.

📉 Trend Filter with ATR Buffer
Optional trend filter uses a simple moving average (SMA) to gauge market direction.

Instead of hard filtering, it applies an ATR-based buffer to allow for entries near the trend line, reducing signal suppression from micro-fluctuations.

🕰️ Kill Zone Session Filtering
Only show signals during institutional trading hours:

London Session

New York AM

Or any custom user-defined session

Helps traders avoid low-volume hours and focus on where stop hunts and price expansions typically occur.

🧱 Multi-Timeframe FVG Confluence (Optional)
Signal validation is strengthened by checking if price is within a higher timeframe Fair Value Gap — commonly used to identify imbalances or inefficiencies.

Filters out setups that lack underlying displacement or order flow justification.

🎨 Visual Feedback
Plots 🔺 bullish and 🔻 bearish markers at signal candles.

Optionally displays:

Swing High/Low Labels (SH / SL)

Reversal distance labels

Background color shading on valid signals

Includes built-in alerts for automated trade notification.

🔑 Unique Benefits
Wick Trap Detection: A proprietary approach to detecting stop hunts via wick behavior, not just candle closes.

ATR-based trend filtering: Avoids unnecessary filtering while still maintaining directional bias.

All-in-one system: No need to stack multiple indicators — swing detection, reversal logic, session filtering, and imbalance confirmation are all integrated.

💡 How to Use
Enable Wick Trap Mode to detect stealthy liquidity grabs with strong wicks.

Use Kill Zone filters to trade only when institutions are active.

Optionally enable FVG confluence to improve confidence in reversal zones.

Watch for Bullish signals near SL levels and Bearish signals near SH levels.

Combine with your own execution strategy or other SMC tools for optimal results.

🔗 Best Used With:
Maximize your edge by combining this script with complementary SMC-based tools:

✅ First FVG — Opening Range Fair Value Gap Detector
✅ ICT SMC Liquidity Grabs + OB + Fibonacci OTE Levels
✅ Liquidity Levels — Smart Swing Highs and Lows with horizontal line projections