ICT Dictionary - Start Here

New to ICT terminology? Start right here!

Dictionary Instructions

Use the Search Bar below to search for Inner Circle Trader (ICT) terms. Just start typing and the advanced searching engine will instantly start matching results.

  • The search engine will return extra bullet points, images, and related terms. Give it a try now! Or scroll down to see all available terms and a basic definition.

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


You May Also Like

essential