ICT Insight™
❓ FAQ – Time & Price Zones #
🎯 What are Killzones for? #
Killzones highlight key periods of institutional activity (Asian, London, New York…).
They help you to:
- Spot areas where liquidity is frequently taken
- Identify moments when setups form (SMT, PO3, etc.)
- Contextualize entries (e.g., trading during the New York Killzone)
⚙️ Can Killzones be customized? #
Yes. You can:
- Show or hide each Killzone individually
- Display the Highs and Lows of each Killzone
- Modify their schedule and name
- Customize color, border, opacity, and display style
- Choose to show the session fully at market open or progressively
- Display the session name directly on the chart
- Show the 50% midline of each Killzone (a frequent area of interest)
🚨 Are Killzone alerts available? #
✅ Yes, for each Killzone, as long as the “External Lines” option is enabled in the settings.
You can receive an alert:
- When the High or Low of a Killzone is taken
🔁 What are the Previous D / W / M levels? #
These are classic liquidity levels used in Smart Money analysis:
- PDH / PDL = Previous Day High / Low
- PWH / PWL = Previous Week High / Low
- PMH / PML = Previous Month High / Low
📌 Can I choose which levels to display? #
Yes. You can:
- Enable or disable each level independently
- Customize line color and thickness
🔀 What does the “True Day Range” mode do? #
This mode improves the accuracy of Previous Day, Week, and Month level calculations.
By default, most charts consider a trading day to run from 5:00 PM to 5:00 PM (New York time) — the standard TradingView “Daily” candle logic.
👉 When True Day Range is enabled, levels are recalculated from 00:00 to 00:00 New York time, providing a more accurate reflection of institutional trading activity.
This has several key effects:
- The daily/weekly/monthly high or low may change, since the time window is different
- Previous D / W / M levels may be shifted compared to the standard mode
- SMT divergences can also be impacted if you’re using Major Liquidity Mode, since SMT relies on these levels
🎯 This ensures greater alignment with how Smart Money operates — from midnight to midnight (New York time), not 5 PM to 5 PM.
🔍 How does the SMT (Smart Money Tool) work? #
The SMT compares two assets to detect divergences in strength between them:
- Either using major levels (Previous Day/Week/Month, Asian High/Low…)
- Or using simple structural swings (when “All Swings” mode is active)
If one asset takes a level (or swing) and the other does not, a divergence is formed:
→ If an asset takes a high, it is considered stronger (potential long setup)
→ If an asset takes a low, it is considered weaker (potential short setup)
🔧 Can I change the compared assets in the SMT? #
Yes. In the SMT settings, you can:
- Select the secondary asset to compare (the primary asset is your chart symbol)
- Enable All Swings mode to detect divergences using natural swing points
- Use Major Liquidity mode to compare structured levels like PDH, PWL, Asian High/Low
- Choose exactly which types of levels to use for SMT calculations (Asian, Day, Week, Month)
📌 Tip: Use the same broker for both assets to avoid data discrepancies due to pricing differences.
🔔 Can I receive alerts? #
✅ Yes, you can be notified when:
- A Previous High or Low (Day / Week / Month) is taken
- An SMT divergence is created, updated, or canceled
- A High or Low is taken on any Killzone (if “External Lines” is enabled)