Description
The ‘ICT Weekly Profile Templates Dashboard’ by AlgoCados TradingView Indicator is a strategic tool that integrates ICT Weekly Profiles, offering traders a systematic way to decode market dynamics. It outlines 12 unique trading patterns, serving as a guide to predict market trends with enhanced precision. By breaking down the trading week into specific profiles, it signals potential shifts toward bullish or bearish trends, providing a clear framework for navigating market fluctuations.
With the AlgoCados Indicator, traders gain the ability to monitor weekly profiles in real time, assessing whether a pattern is likely to unfold or has been rendered invalid. This functionality is supported by an easy-to-understand table that lists all 12 patterns, simplifying the process of identifying current market scenarios and potential future movements.
Bullish Patterns Analyzed
Bullish Weekly Patterns include Tuesday Low of the Week, Wednesday Low of the Week, Consolidation Thursday Reversal (Bullish), Seek and Destroy Bullish Friday, Consolidation Midweek Rally, and Wednesday Weekly Reversal (Bullish).
Bearish Patterns Analyzed
Bearish Weekly Patterns are identified as Classic Tuesday High of the Week, Wednesday High of the Week, Consolidation Thursday Reversal (Bearish), Consolidation Midweek Decline, Seek and Destroy Bearish Friday, and Wednesday Weekly Reversal (Bearish).
Chartview | Weekly Templates Dashboard
Table Dashboard as for the above example
This dynamic table visually indicates on the chart whether a weekly template is currently active or has been invalidated, providing real-time insights into market trends and strategy validation.
x= High or Low (i.e. Tuesday xOTW= Tuesday LowOTW or Tuesday HighOTW, whether it is a bullish or a bearish pattern)
| Weekly Template | Bullish | Bearish |
|---|---|---|
| Monday Low or High Of The Week (Mon xOTW) | ✅ | ❌ |
| Tuesday Low or High Of The Week (Tue xOTW) | ❌ | ❌ |
| Wednesday Low or High Of The Week (Wed xOTW) | ❌ | ❌ |
| Midweek Rally / Decline (MWK R/D) | ✅ | ❌ |
| Thursday Low or High Of The Week (Thu xOTW) | ❌ | ❌ |
| Friday Seek & Destroy (Fri S&D) | ❌ | ❌ |
Technical Data Sheet
| Category | Details |
| Title | ICT Weekly Profile Templates Dashboard by AlgoCados |
| Short Title | AlgoCados x ICT Weekly Templates |
| Author | @AlgoCados | All Rights Reserved |
| Publisher | @AlgoCados | All Rights Reserved |
| Version | Pine Script v5 |
| License | Mozilla Public License 2.0 |
| Overlay | True (integrates directly onto the price chart) |
| Max Lines Count | 500 |
| Max Labels Count | 500 |
| Recommended Use | Timeframe: Up to 1-hour charts for optimal display of weekly patterns. |
| User Inputs | Historical Data Visibility | Session Start Indicators | Session Opening Prices | Visual Customization (Line Styles, Colors, Text Properties) |
| Session Configuration | Timezone: America/New_York | Predefined session times for weekdays |
| Visualization Components | Intraweek Highs/Lows | Session Dividers | Opening Prices | Customizable Line Styles | Text and Label Customization |
| Functionality | Dynamic plotting of trading sessions | Identification and marking of buyside and sellside activity | Real-time updates for session markers and POIs |
| Utilities | Comprehensive customization options for visual elements | Utility functions for dynamic adjustments |
| Stats Table | A dynamically updated table displaying a summary of the trading week’s activities |
| Session and POI Logic | Advanced logic for the visualization of session starts, ends, and transitions |
| Core Purpose | Tailored for traders aiming to dissect and understand weekly trading dynamics, with a focus on weekly market patterns |
| Indicator Configuration | Overlay Design | Custom Inputs for session markers visibility and style |
| Weekly Trading Sessions | Structured analysis for each weekday, adjusted for “America/New_York” timezone |
| Visualization of Weekly Patterns | Intraweek Points of Interest | Dynamic Session Plotting |
| Customization and Dynamic Updates | Visual customization for line styles, colors, and text properties | Dynamic updates to maintain accuracy |
| Enhanced Weekly Analysis | Stats Table for summarizing trading week activities | Session Logic for capturing weekly trading patterns |
Key Features and Configuration
User Inputs and Visualization Components: Traders can customize various aspects of the script, including the visibility of historical data, session start indicators, and session opening prices. Visual customization options extend to line styles, colors, and text properties, allowing for a tailored analysis experience that fits individual preferences. The script incorporates advanced logic for the dynamic plotting of trading sessions, identification, and marking of buyside and sellside activity, alongside real-time updates for session markers and POIs.
Session Configuration and Weekly Trading Sessions: Set for the “America/New_York” timezone, the script provides structured analysis for each weekday, with predefined session times that enhance the trader’s ability to analyze trading activities from Monday to Friday. This includes mechanisms for highlighting significant weekly price levels and a stats table that dynamically updates to display a summary of the trading week’s activities, offering insights into the effectiveness of weekly highs and lows as points of interest.
Customization and Dynamic Updates
The ‘ICT Weekly Profile Templates Dashboard’ script stands out for its customization options and the ability to dynamically update in real-time as new price data becomes available. This ensures that the visualization of weekly patterns remains accurate and current, offering traders a powerful tool in their technical analysis arsenal. The enhanced weekly analysis features, including a dynamically updated stats table and session logic that captures the essence of weekly trading patterns, provide traders with nuanced insights into market sentiment, potential reversal points, and key levels of trader interest.
This script is designed to cater specifically to the needs of traders employing the Inner Circle Trader (ICT) methodology or those with a keen interest in understanding the weekly ebb and flow of market prices. Its extensive customization capabilities and emphasis on intraweek dynamics make ‘ICT Weekly Profile Templates Dashboard’ an indispensable tool for traders aiming to refine their strategies and achieve a deeper understanding of market behavior throughout the week.
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