After months of live and back-testing, we’ve optimized STIC to enhance trade entries, stop-loss management, and profit-taking. This update includes refined entry conditions, reduced label noise, risk-based entry invalidation, and improved inducement avoidance.
Goal is to make trading easy and simple as much as possible
1. Trading Modes & Entry Management
Scalp Mode: Designed for M1–M30 timeframes with optimized entry signals, SL labels, and TP alerts. Exit alerts include:
- LTP (Long TP): Red diamond (below candlestick).
- STP (Short TP): Green diamond (above candlestick).
- Entry Labels & Dynamic SL:
- Entry 1 (E1) marks the first valid entry and adapts dynamically based on risk and multiple entries.
- SL adjusts based on your average entry price, ensuring it responds to market structure and volatility. Entry 2 is best placed at about 60-70% deviation from entry 1.
2. Market Structure & Liquidity
- Liquidity Labels:
- upLQTY (Demand Zone) & downLQTY (Supply Zone) highlight institutional liquidity.
- Purple & green histogram lines indicate smart money activity.
- Extreme Trim Input: Refines TP/exit signals by filtering minor peaks (best range: 2–4).
- Break of Structure (BOS): Optional market structure confirmation with bullish (blue) and bearish (orange) candle coloring.
3. Visual & Aesthetic Enhancements
- Candlestick Coloring: Default Blue (Bullish), Orange (Bearish) (customizable).
- Market Extreme Levels (EL1–EL3): Helps identify exit zones; EL3 may also signal swing entries.
- Take Profit Alerts: Supports partial & full TP with scalp-specific signals for precise trade management.
- Trail Profit & Dynamic SL Adjustments: You can update SL based on average entries to secure profits in scalp and swing modes.
4. Time Zone & Session Management
- Supports 8 trading sessions (default: Asian, London, NYSE).
- Customize time zone settings to match your strategy.
5. Alerts
- Entry Alerts: Includes risk margin data and auto-triggers upon candle close.
- Scalp TP Alerts: LTP (Red Diamond) & STP (Green Diamond) for exits.
- Stop-Loss & Trail Profit Alerts: Auto-adjusts SL based on market movement.
- Market Structure & Extreme Alerts: Notifies BOS, market extremes, and inducement signals.
- Valid structure break alert: indicated when there is a vaid break of structure.
- Extreme levels 1, 2, and 3 alert: Laert during different market extremes.
Troubleshooting & Best Practices
- Refresh or re-add the indicator if errors occur.
- Entry labels may disappear after several candles to reduce clutter, but alerts remain active.
- Back-test adjustments before live trading.
- Works best on high-volume assets to avoid false inducements.
STIC is designed for both short- and long-term traders, integrating dynamic risk management, institutional liquidity insights, and automated alerts to enhance better trade execution.
💡 Reminder: Update your alerts after applying this version to ensure full functionality.
Trade Smartly! 🚀