Search ICT Terms - Work In Progress
Type Turtle Soup
or Liquidity
to see how it will work
ICT Dictionary Terms
Basic Definitions - These are basic definitions and a list of all the terms. Use the Search Bar above for full definitions
2022 Mentorship Model (2022 Model)
Definition: Coming Soon
Anatomy of a FVG
Definition: Coming Soon
Bias
Definition: Coming Soon
Breakers
Definition: Coming Soon
Consequent Encroachment
Definition: Coming Soon
Correlated Asset
Definition: Coming Soon
Discount
Definition: The lower 50% of an Impulse Price Swing (or the range between a Swing Low and a Swing High)
Draw On Liquidity (DOL)
Definition: Coming Soon
Displacement
Definition: Displacement is characterized by sudden and drastic candle movement that is much greater and farther than the surrounding candles. Displacement is a sudden one-direction price movement.
Event Horizon
Definition: Coming Soon
Equilibrium
Definition: Equilibrium is the midway point between a swing high and a swing low. Also known as the Fair Market Value because it represents a fair price between the swing high and swing low
Fair Valuation
Definition: Depending on the perspective, Fair Valuation is the equal distance between a swing high and swing low (Equilibrium) OR the point of view of the Market Makers
Fair Value Gap (FVG)
Definition: A FVG is a type of price inefficiency, which means price was not evening distributed in that area. Specifically, a FVG is a three-candle pattern where the first and third candles do not overlap leaving a single-candle gap.
Fair Value Gap, Implied (Implied FVG)
Definition: Coming Soon
Fibonacci Projections, Standard Deviation
Definition: Coming Soon
High Impact News
Definition: Coming Soon
Impulse Price Swing
Definition: Coming Soon
Inception
Definition: Coming Soon
Inefficiency
Definition: Coming Soon
Interbank Price Delivery Algorithm
Definition: The overarching name of the algorithms that control the price of Futures Markets. Every candle of the Futures Indices are predetermined and controlled by algorithms. Support, Resistance, Buying Pressure, & Selling Pressure are myths propagated by Smart Money to fool Retail Traders into thinking they control the Markets
Intermediate Term High (ITL)
Definition: Coming Soon
Intermediate Term Low (ITL)
Definition: Coming Soon
Last Quarter Model
Definition: Coming Soon
Liquidity
Definition: Liquidity is the degree to which a market (or asset) can be quickly bought or sold in the market without affecting the assets price
Liquidity Pools
Definition: A collection of Buy Stops or Sell Stops accumulating above or below old swing points
Liquidity, Buyside
Definition: Buyside Liquidity is the unseen collection of Buy Stops above a previous Swing High
Liquidity, Sellside
Definition: Sellside Liquidity refers to the pool of available liquidity resting below an old Swing Low in the form of Sell Stops
Liquidity, External Range Liquidity
Definition: External Range Liquidity Pools visible at the top and bottom of a chart are easily identified as External Range Liquidity
Liquidity, Internal Range Liquidity
Definition: Any other Liquidity Pools within the range of the External Range Liquidity Pools are the Internal Range Liquidity
Liquidity, High Resistance Liquidity Run
Definition: High Resistance Liquidity Run (HRLR) is when candles are bunched together making slow higher highs or lower lows (no quick price movements)
Liquidity, Low Resistance Liquidity Run
Definition: Low-Resistance Liquidity Run (LRLR) is when price runs for an old high or old low very quickly with a sharp angle with very little retracement
Long Term High (LTL)
Definition: Coming Soon
Long Term Low (LTL)
Definition: Coming Soon
Macros
Definition: Coming Soon
Market Maker Buy Model (MMBM)
Definition: Coming Soon
Market Maker Sell Model (MMSM)
Definition: Coming Soon
Market Range
Definition: Market Range is the largest range in price between any swing high and swing low on a chart
Market Makers
Definition: Are the entities that control price
Market Structure Shift (MSS)
Definition: A swing high/low that forms in the opposite direction when price takes out a Liquidity Pool. For example, a positive/bullish MSS is a swing high that forms around the area when price trades below a Sellside Liquidity Pool. A negative/bearish MSS is a swing low that forms around the price action when price trades above a Buyside Liquidity Pool. A swing high/low is only a Market Structure Shift when candles form horizontally to the swing high/low that creates a FVG and are characterized by Displacement.
Mean Threshold
Definition: Coming Soon
Midnight Open
Definition: Coming Soon
Narrative
Definition: Coming Soon
New Day Opening Gap (NDOG)
Definition: Coming Soon
New Week Opening Gap (NWOG)
Definition: Coming Soon
Opening Range Gap (ORG)
Definition: Coming Soon
Optimal Trade Entry (OTE)
Definition: The OTE levels are the range 0.62 to 0.79 on the Fibonacci Drawing tool (or 62% to 79%). The midway points of the OTE range is 0.705 or 70.5%
Orderblocks
Definition: Coming Soon
Phases
Definition: The price action of any controlled Market always falls into one of four phases: Consolidation, Expansion, Retracement, Reversal
Premium
Definition: The upper 50% of an Impulse Price Swing (or the range between a Swing Low and a Swing High)
Power 3
Definition: Accumulation, Manipulation, and Distribution .... more Coming Soon
Profiles, Weekly
Definition: Coming Soon
Profiles, Daily
Definition: Coming Soon
Purge & Revert
Definition: Coming Soon
Short Term High (STL)
Definition: Coming Soon
Short Term Low (STL)
Definition: Coming Soon
Silver Bullet Model
Definition: Every single trading day between the hours of 10am & 11am EST and 2pm & 3pm EST at least one Fair Value Gap (FVG) will form on the 1-min, 30-sec, or 15-sec chart after price has traded back into a higher timeframe Fair Value Gap (FVG) as price goes toward an obvious pool of Liquidity
Smart Money Technique (SMT)
Definition: Coming Soon
Swing High
Definition: Four candles on any timeframe where the 2nd candle is higher than the first, the 3rd candle has a lower high than the second candle, and the 4th candle has a lower high and a lower low than the third candle
Swing Low
Definition: Four candles on any timeframe tha the 2nd candle has a lower low than the first candle, the 3rd candle has a higher low than the second candle, and the 4th candle has a higher low and higher high than the third candle
Terminus
Definition: Coming Soon
Turtle Soup
Definition: Turtle Soup is a false breakout of a Liquidity Pool. Price crosses the Liquidity Pool level and then quickly reverses back the other direction.
Volume Imbalance
Definition: Coming Soon
Unicorn Model
Definition: Coming Soon