Time Matrix [Pro+] (DRxICT)

The Time Matrix Pro is an automated Time-based trading tool adaptable to futures, forex, and bond markets. This indicator is inspired by concepts taught by the Inner Circle Trader (ICT) and ICT_Concepts.

Time Matrix (DRxICT)° [Pro+]

Concept Introduction

The Time Matrix Pro is an automated Time-based trading tool adaptable to futures, forex, and bond markets. This indicator is inspired by concepts taught by the Inner Circle Trader (ICT) and ICT_Concepts.

ICT’s repertoire encompasses the concepts of liquidity and couples them with Time. The Time Matrix [Pro+] helps the analyst to locate key Time-based price levels to determine bias and recurring price patterns within the market. Analysts can use levels like Previous Day’s Highs and Lows, Weekly Highs and Lows, Session Openings, and Macros to base and qualify Premium and Discount arrays in intraday analysis.

Session Boxes are Time opportunities of the day that identify the market mechanics of consolidation, expansion, retracement, and reversals.

ICT_Concepts's Session Boxes are described as the Premarket, AM Session, PM session:

  • Premarket is defined as 9:30pm to 1:30am

  • AM session is defined as 4:00am to 11:00am

  • PM Session is defined as 11:30am to 2:15pm

Understanding how Time is crucial for identifying intraday profiling, the analyst is able to toggle price levels in conjunction with Time-based macros. These help analyze key market turning points that can correspond to unique market mechanics.

Beyond the Time-based liquidity levels, and the Time macros, there are also predefined Time clusters.

These clusters highlight a significant lower Timeframe candle which was found to hold significant value by ICT_Concepts. Very much alike Time-based liquidity levels, analysts will notice how price reacts to support or negate existing orderflow, trend and direction.

Indicator Features

  • Customizable Extension: the analyst is given the choice to toggle the ending Time Offset to either Noon NY Time or at the end of the trading day.

  • Time-Based Toggles: choose individual Time-based prices to highlight on your chart.

  • Time Table: depending on the Timeframe, the Time Table will display the number of bars and the Time elapsed since the Time-based liquidity levels were established.

  • Customize Session Boxes Color

  • Customize Time-Based Liquidity Line Style

  • Customize Time-Based Liquidity Level Color

  • Customize Time-Based Liquidity Line Width

  • Customize Table Size and Location

Previous Day/Week Liquidity

Previous Day High and Low Liquidity Pools

PDH and PDL refer to the highest and lowest price levels reached in the preceding trading day. These levels serve as crucial reference points for traders and analysts.

PWL (Previous Week Low) and PWH (Previous Week High) refer to the lowest and highest price levels, respectively, that were achieved in the preceding trading week. These levels are significant indicators for traders and analysts as they provide a broader perspective on the market's direction compared to daily price movements.

Monitoring these levels aids in identifying potential breakouts, reversals, or continuation patterns, enabling traders to witness key reactions to daily and weekly levels.

Analyst Insights: Weekly and daily liquidity levels are one of the most important liquidity pools for the high timeframe reference. In ICT’s methodologies he teaches that smart money is most active on the daily chart and higher.

Session Boxes

Session Boxes, highlights ICT_Concepts’ perspective on distinct time opportunities throughout the day. These sessions outline key market mechanics such as consolidation, expansion, retracement, and reversals.

Recognizing the significance of time in intraday profiling, analysts can leverage these Session Boxes to interpret market dynamics.

These Session Boxes are categorized into three periods:

Premarket (9:30pm to 1:30am)

AM Session (4:00am to 11:00am)

PM Session (11:30am to 2:15pm)

By aligning price levels with Time-based macros, analysts gain insights into critical market turning points that align with specific market mechanics. This approach facilitates a comprehensive understanding of market behavior and aids in making informed decisions based on time-sensitive analysis.

Liquidity Levels and Reversal Points

Liquidity Levels and Reversal Points

Liquidity levels are key market opens as taught and monitored by the Inner Circle Trader (ICT) and @ICT_Concepts. Analysts can toggle and customize layouts for locating session opens, higher time frame candle opens, and key timings for market deliveries.

ICT teaches students to focus on the accumulation, manipulation and distribution within each candlestick. Locating specific openings of price allows traders to visualize the AMD within the candlestick.

If one is bullish, they can locate a raid of sellside liquidity below the opening price and anticipate price expansion above the opening price to be supported in higher timeframe Bullish Institutional Orderflow.

If one is bearish, they can locate a raid of buyside liquidity above the opening price and anticipate price expansion below the opening price to be supported in higher timeframe Bearish Institutional Orderflow.

Line Extension: Choose to extend your levels until the end of the day or until Noon.

Choosing to extend your levels until the end of the day offers an ideal approach for day traders seeking to capitalize on intraday price movements. This extension captures the full scope of a single trading session, enabling traders to adjust their strategies based on the day's volatility, liquidity, and market profile.

Alternatively, extending levels until noon caters to those interested in exploiting the heightened activity typical of the morning trading session. The morning session generally encompasses larger price volatilities than the overnight or PM Sessions. Traders seeking to limit their focus until NY Lunch have the option to extend until Noon (12pm).

Time Clusters

Clusters

Time clusters are defined as key one minute candles in the market that can help traders analyze market sentiment, narrative, and unmitigated orders. These key 1 minute intervals are high volatility times of the marketplace where institutional orderflow will arise.

Cluster Extensions

Choose any selected time frame as an input for Cluster Extensions. This feature offers flexibility for analysts to customize their time clusters for more personalized chart layouts and model specific templates.

Cluster Customization

Analysts can customize their 1 minute time clusters, colors, and labels. The format is inputted as follows: Hour : Minute : Label

Macros

Macro Boxes

Select to display ICT Macros encompassed in highlighted boxes. Macros enable analysts to understand Time Based Functions of algorithmic delivery.

Show Open/Close

The opening and closing times of key Macro Times such as London and New York are pivotal due to the surge in liquidity and volatility. Overlaps between major markets, notably the London and New York sessions offer heightened trading activity and opportunities due to the mix of global market participants.

Additionally, these times align with notable economic news releases, creating opportunities for rapid price movements. Understanding economic releases in relation to macro opens can offer a greater insight for accumulation, manipulation, and distribution (AMD).

Initial movements are keen to sway sentiment and monitoring the opening price of macros. Therefore, analysts can deviate manipulation legs lower to gauge the next distribution legs with measured moves.

Time Table

Time Table Details

According to @ICT_Concepts, observing key opens with unmitigated orders or direct movements away from their levels can indicate potential market retracements, reversals, or consolidations based on the time elapsed from these distributions, thereby offering a more efficient means to assess market dynamics and time-related fluctuations.

The Time Table for Time-based liquidity analysis utilizes a bar count lookback, where each line signifies a specific lookback period from a level's opening, providing analysts with critical time references.

This method facilitates the identification of existing price patterns and the anticipation of future market movements by analyzing the time elapsed since liquidity was set.

Table Orientation

Easily style your Time Table and adjust location preferences from the Top, Middle, or Bottom and Left, Center, and Right. Additionally, choose your table size that can fit your screen size or device. For best view for Phone and Tablets, analysts should select Tiny or Small, while Desktop Users should can select Normal, Large, or Huge.

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