CRT | Turtle Soup (ICT)

CRT Indicator (Candle Range Theory)

This indicator is based on Turtle Soup within the Candle Range Theory model.
It automatically identifies TS zones and price-created target zones, which can be used either as directional bias or as entry confirmation.

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🔷 What It Detects

• Bullish TS Range
  When price shows a downside expansion followed by bullish re-absorption within the range of the previous candle.
  
  
• Bearish TS Range
  When price shows an upside expansion followed by bearish rejection back into the range of the previous candle.
  
  
• Internal TS Range
  When price has already created a higher-timeframe range and, within that range, a new internal range is formed, the indicator also detects it.
  

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🔷 CRT Detection

A CRT is confirmed when all of the following conditions are met:

• The second candle breaks the high or low of the previous candle.
  
• The second candle closes back inside the range created by the first candle.
  
• A target zone is created based on the range of the first candle.
  

This suggests a failed expansion and indicates a potential price reversal.

Internal CRT Detection
Once a major range is confirmed, if the option is enabled, the indicator will also mark CRTs and ranges formed inside it:

• The second candle breaks the high or low of the previous candle.
  
• The second candle closes back inside the range created by the first candle.
  
• A target zone is created based on the range of the first candle.
  

WHEN BOTH RANGES MARK THE SAME TARGET ZONE, THE PROBABILITY OF PRICE MOVING IN THAT DIRECTION INCREASES SIGNIFICANTLY.

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url=tradingview.com/x/a2owV9MK/]https://www.tradingview.com/x/a2owV9MK/[/url
🔷 Customization Options

• Enable / disable signals
  
• Potential Range
  
• Confirmed Range with Target Zones
  
• Visual Style
  
• Color and size
  
• Clean, non-invasive design suitable for any timeframe
  
• Alerts
  
• Target reached alerts
  

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🔷 Indicator Usage

• The indicator marks a target zone.
  
• Trades are sought in the direction of that zone, entering from the upper or lower part of the range, depending on direction.
  
• For higher-probability trades, it is recommended to wait for an internal TS confirmation.