r/Ice_Indicator

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What it does!

Auto-detects trend direction and marks high probability phases on the chart

Labels entries automatically (including continuous/re-entry signals as price develops)

Plots an invalidation level so you know exactly where the setup is wrong

Calculates 5 take profit levels automatically (TP1 through TP5)

It's not NAS100-specific, works across forex, crypto, gold, indices, anything with clean price data.

I'm not going to throw out a win rate here since that means nothing without your own testing. If you want to verify performance, TradingView's Strategy Tester is the way to go, happy to share more detail on how I've been backtesting it if anyone's interested.

Screenshot attached showing a live example: entry, invalidation, continuous entry, and the TP ladder all marked out.

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.