ICT Daily Bias Finder [DTCC]

What is This?

The ICT Daily Bias Finder [DTCC] uses a method called "DTCC" to identify the London and New York session's bias, bullish or bearish. This indicator should only be relied on for 5 minute, and not other timeframes.

How do I use it?

Look at the previous days two boxes (labeled DTCC Bear/DTCC Bull), if both are bullish or both are bearish it is NOT recommended to rely on DTCC for that day. If the first one is bullish and second one is bearish, the DTCC for the next day says that London session will turn ABOVE midnight opening price, while New York will turn UNDER midnight opening price (longs in London, shorts in New York). If the second one is bearish and the first is bullish, the DTCC for the next day says that London session will turn UNDER midnight opening price, while New York will turn ABOVE midnight opening price (shorts in London, longs in New York)

Emoji guide to DTCC indicator:

🟢🟢: Don't trust DTCC for that day
🔴🔴: Don't trust DTCC for that day

🟢🔴: Longs in London above Midnight Opening Price, Shorts in New York under Midnight Opening Price
🔴🟢: Shorts in London under Midnight Opening Price, Longs in New York under Midnight Opening Price

Reminder: NEVER rely solely on DTCC, DTCC can be wrong and is not right 100% of times.

Versionshinweise

Short-Title from "ICT Daily Bias" --> "[DTCC]"

Versionshinweise

New chart image, added "Last Edited" comment in the code

Versionshinweise

Added Alerts when bias is formed, & other small changes

Alerts only work if you follow instructions in the indicator settings

Versionshinweise

[*Added Dashboard]
[*Added Simplified Dashboard]
[*Fixed alerts displaying wrong bias]
[*Minor bug fixes in script]

To enable dashboard/simplified-dashboard go to settings, its the first input.

Versionshinweise

Removed alerts due to bugs and not being useful
Some other changes

Versionshinweise

Added to credits, changed name to look better in chart screen

Versionshinweise

Added ability to make dashboard background color match the boxes background color that you input

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Improved script to hopefully eliminate bugs

Versionshinweise

Redid DTCC calculation logic

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Additional update to DTCC calculation logic

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Fixed dashboard bias

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Updated chart image, removed tooltip

Versionshinweise

Changed Bias end from 2:49 -> 2:45, using indicator on 1 minute, charting a box then moving that box to other timeframes is reccomend, dont trust indicator on other timeframes

Open-source Skript

Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.

J_asper

Haftungsausschluss

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Open-source Skript

J_asper