r/ICTTrading101

Been trading ICE (Indication Consolidation Execution) manually for a while and got tired of eyeballing consolidation ranges and drawing TP levels by hand every session. Built an indicator that does it automatically.

What it's doing in the screenshot (NAS100, 5m):

Auto Trend Identification: reads market structure and sets bias automatically, no manual HTF bias check needed

Auto Entry Label: marks the entry the moment the indication, consolidation, and execution conditions line up

Auto TP Levels (TP1 to TP5): five scaled take-profit levels plotted off the entry, no manual measuring

Invalidation Level: clear line for where the setup is dead, so stop placement isn't guesswork

Higher probability phases: highlights the windows where execution is statistically more likely to follow consolidation

It's not NAS100-only. Same logic runs on forex pairs, crypto, gold, indices. Screenshot just happens to be NAS100 because that's what was live when I grabbed it.

I'm not going to throw a win rate at you because unverified numbers in a Reddit post mean nothing. If you want to see how it performs, drop it on Strategy Tester with your own settings and timeframe. That's the only number that should matter to you.

Happy to answer questions on the logic or how it handles specific market conditions. Not trying to oversell it, just built something that saved me a lot of manual charting time and figured others doing price action might want it too.

Been working on this for a while and wanted to share where it's at.

The ICE Indicator is built around the idea that price moves through phases: indication, consolidation, and expansion. Instead of manually marking these up, the script automates the whole read:

Auto trend identification (switches with market structure)

Auto entry labels when conditions align

5 take profit levels (TP1 to TP5)

Invalidation levels so you know exactly where the idea is wrong

Auto exit signals

Attached is a live GBPUSD example:

entry triggered, price respected the invalidation zone, and it walked through TP1 before the exit signal fired.

Works across forex, crypto, gold, and indices. I'm not going to throw win rate numbers around here since that's easy to cherry-pick. If you want to see how it performs on your pairs and timeframes, run it through TradingView's Strategy Tester yourself, that's the only way to get numbers you can actually trust.

Still refining it and open to feedback if anyone wants to test it out.