CRT [TakingProphets]

Overview

The CRT (Candle Range Theory) indicator is a real-time ICT-inspired tool designed for traders who want to visualize higher timeframe (HTF) candles, detect Candle Range Transitions (CRTs), and identify Smart Money Divergence (SMT) without switching charts.

By combining HTF bias, CRT structure, and SMT divergence, this indicator helps traders organize price action across multiple timeframes while maintaining a clear visual map on their active chart.

Concept & Background

Candle Range Theory stems from ICT methodology, focusing on how institutional price delivery leaves footprints when a three-candle sequence forms..

A Bearish CRT occurs when price attempts to continue higher but fails, creating a higher high with a lower close.

A Bullish CRT occurs when price attempts to continue lower but fails, creating a lower low with a higher close.

These moments can highlight areas where liquidity has been manipulated and where institutional flows may shift. This indicator automates the detection of these CRT patterns and integrates them with SMT divergence to enhance context and decision-making.

How It Works

HTF Candle Visualization

Overlay candles from any timeframe (1m to 1M) directly on your chart.

Displays the three most recent HTF candles with full body/wick precision.

CRT Detection

-Identifies potential bullish and bearish CRT formations based on how the middle candle behaves relative to the prior range.

-Marks these visually to help traders spot potential traps or reversal points.

SMT Divergence Integration

-Compares price action against a correlated asset (e.g., NQ vs ES, EURUSD vs GBPUSD).

-Highlights divergences between instruments, which can confirm potential CRT signals or invalidate false setups.

Real-Time Candle Projections

-Projects the current HTF candle’s open, high, low, and close dynamically throughout the session.

-These levels often act as reference points for bias, support/resistance, or target planning.

Custom Display Engine

-Full control over candle widths, label sizes, colors, and transparency.

-Optional Info Box shows the asset, timeframe, and date for quick reference.

SMT Divergence Lines & Alerts

-Automatically draws labeled lines (“BULLISH SMT” or “BEARISH SMT”) when divergence is detected.

-Includes dedicated alerts for SMT and CRT formations so you never miss a key setup.

How to Use It

Select Higher Timeframes

-Configure any timeframe overlays to add context to your lower-timeframe execution chart.

Monitor CRT Formations

-Watch for bullish or bearish CRT patterns that indicate failed continuations.

Use SMT Divergence for Confluence

-Compare behavior across correlated assets to validate or filter setups.

Plan Entries & Targets

-Use the projected HTF levels or CRT boundaries to define decision zones within your trading model.

Why It’s Useful

The CRT indicator doesn’t provide buy/sell signals or promise accuracy. Instead, it organizes institutional price action concepts into a visual, easy-to-interpret framework:

-Helps traders understand HTF context while operating intraday.

-Automates the identification of CRT traps and SMT divergences.

-Enhances decision-making by combining multiple ICT-inspired concepts in one place.