ICT-Elliott Hybrid Oscillator

네이버 프리미엄 콘텐츠 > 재테크 사관학교 검색

This indicator uses Elliott Wave Theory and ICT (Inner Circle Trader) concepts to help easily and accurately predict when asset prices like cryptocurrencies or stocks will rise or fall.

📌 Easy Explanation of Terms

✅ What is Elliott Wave?
A theory stating that price movements follow a specific pattern (5 upward waves + 3 downward waves) repeatedly. Simply put, it's about repetitive cycles of rises and falls creating overall trends.

✅ What is ICT Theory?
A strategy that identifies optimal trading times by observing critical price areas traded by institutional investors (Order Blocks), imbalances in price (Fair Value Gaps - FVG), and major turning points (Break of Structure - BOS).

📈 Signals Provided by the Indicator

🔹 ① Pivot Highs & Lows
Red ▼: Short-term high (increased likelihood of price falling)
Green ▲: Short-term low (increased likelihood of price rising)

🔹 ② Fair Value Gap (FVG)
Green highlighted area: Zone where price is likely to rise again
Red highlighted area: Zone where price is likely to fall again

🔹 ③ Break of Structure (BOS)
Blue "BOS Up": Indicates a shift to an upward trend
Orange "BOS Down": Indicates a shift to a downward trend

⏳ Recommended Timeframe Combinations

| Major Trend (Basic Analysis) | Entry Point (Detailed Analysis) | Short-term Timing (Precision Analysis) |
| ---------------------------- | ------------------------------- | -------------------------------------- |
| 4-hour | 1-hour | 15-minute |

Use the 4-hour timeframe to gauge overall trends,
the 1-hour timeframe to pinpoint exact entry and exit points,
and the 15-minute timeframe for precise timing.

Include Source

🕯 Recommended Candle Patterns

* Pin Bar (Long wick candle) → Trend reversal signal
* Engulfing Candle (fully covering previous candle) → Strong trend reversal signal
* Hammer & Shooting Star (small body with a long wick) → Bullish or bearish reversal signal
* Doji (balance between buyers and sellers) → High potential for trend reversal