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ICT 2022 Mentorship Model: A Comprehensive Guide for TradingView

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ICT 2022 Mentorship Model: A Comprehensive Guide for TradingView
ICT 2022 Mentorship Model: A Comprehensive Guide for TradingView

ICT 2022 Mentorship Model: A Comprehensive Guide for TradingView

Overview of ICT 2022 Mentorship Model

The ICT 2022 Mentorship Model is designed to provide traders with efficient strategies and trading tools that offer a significant edge in the market. These indicators are suitable for various markets, including Forex, cryptocurrency, stocks, and any other market with high liquidity. They show excellent results on shorter time frames such as one-minute and five-minute charts.

Key Components

  1. ICT 2022 Mentorship Model Indicator: Provides the primary buy and sell signals.
  2. DD Index Improved with QQE Indicator: Offers confirmation of the signals provided by the ICT indicator.

Setting Up ICT 2022 Mentorship Model on TradingView

To use the ICT 2022 Mentorship Model, follow these steps to set them up on TradingView:

Step 1: Adding the ICT 2022 Mentorship Model Indicator

  1. Search for the Indicator:
    • Open TradingView and enter “ICT 2022 Mentorship Model” in the search box.
    • Select the indicator from the list.
  2. Adjust the Settings:
    • Change the Structure Pivot Strength option from 5 to 6.
    • Change the Liquidity Multiplier option from 20 to 18.
    • Change the Displacement Strength option from 4 to 5.

Step 2: Adding the DD Index Improved with QQE Indicator

  1. Search for the Indicator:
    • Enter “DD Index Improved with QQE” in the TradingView search box.
    • Select the indicator by Jiehong Lim from the list.
  2. Adjust the Settings:
    • Change the Curt Short Length option from 3 to 5.
    • Change the Medium Length option from 8 to 10.
    • Change the Long Length option from 20 to 21.
    • Change the Plot option from Cost to Line.

Example Setup

Here is a step-by-step setup for the indicators on a one-minute chart for SPY:

Parameter Original Value New Value
Structure Pivot Strength 5 6
Liquidity Multiplier 20 18
Displacement Strength 4 5
Curt Short Length 3 5
Medium Length 8 10
Long Length 20 21
Plot Cost Line

How to Use ICT 2022 Mentorship Model for Trading

Once your setup is complete, you can start using the ICT 2022 Mentorship Model for trading. Here’s how:

Trading Rules for Buy Orders

  1. Signal: The ICT indicator gives a buy signal.
  2. Confirmation: The DDQE indicator shows a green line above the zero line.
  3. Market Confirmation: A bullish candle forms.
  4. Action: Place a buy order.
  5. Stop Loss: Set at the low of the previous market.
  6. Risk-Reward Ratio: 1:1.5.

Trading Rules for Sell Orders

  1. Signal: The ICT indicator gives a sell signal.
  2. Confirmation: The DDQE indicator shows a red line below the zero line.
  3. Market Confirmation: A bearish candle forms.
  4. Action: Place a sell order.
  5. Stop Loss: Set at the high of the previous market.
  6. Risk-Reward Ratio: 1:1.5.

Practical Examples

Example 1: Buy Order

  • Signal: The ICT indicator gives a buy signal.
  • DDQE Confirmation: Green line above the zero line.
  • Market Confirmation: A bullish candle forms.
  • Action: Place a buy order.
  • Stop Loss: Low of the previous market.
  • Outcome: The trade hits the target.

Example 2: Sell Order

  • Signal: The ICT indicator gives a sell signal.
  • DDQE Confirmation: Red line below the zero line.
  • Market Confirmation: A bearish candle forms.
  • Action: Place a sell order.
  • Stop Loss: High of the previous market.
  • Outcome: The trade hits the target.

Table: Trade Outcomes

Trade Type Signal DDQE Confirmation Market Confirmation Action Stop Loss Risk-Reward Ratio Outcome
Buy Buy Green line above zero Bullish candle Buy Low of previous market 1:1.5 Hit Target
Sell Sell Red line below zero Bearish candle Sell High of previous market 1:1.5 Hit Target

Benefits of ICT 2022 Mentorship Model

High Accuracy and Reliability

The ICT 2022 Mentorship Model is designed to provide highly accurate and reliable signals, minimizing the chances of false signals. This is achieved by utilizing AI-based technology and combining multiple indicators for confirmation.

User-Friendly

Even if you are not an expert trader, the ICT 2022 Mentorship Model is easy to understand and implement. With clear rules for entering and exiting trades, you can quickly become proficient in using these indicators.

Versatility

These indicators work well on various timeframes and can be applied to different markets, including Forex, cryptocurrencies, and stocks. Whether you are a day trader or a swing trader, the ICT 2022 Mentorship Model can be adapted to suit your trading style.

Advanced Tips for Using ICT 2022 Mentorship Model

Optimize Your Settings

While the default settings work well for many traders, you may need to adjust the sensitivity and other parameters to better fit your trading style and market conditions.

Use Additional Indicators

To further enhance the accuracy of your trades, consider using additional indicators such as the Relative Strength Index (RSI) or Moving Average Convergence Divergence (MACD).

Backtesting

Before using the indicators in live trading, it’s crucial to backtest them on historical data. This will give you a better understanding of their performance and help you make any necessary adjustments.

Practice on a Demo Account

If you are new to trading or to the ICT 2022 Mentorship Model, practice on a demo account first. This will allow you to get comfortable with the indicators without risking real money.

Real-World Applications

Case Study: Trading SPY on a One-Minute Chart

Scenario 1: Bullish Market

  • Signal: The ICT indicator gives a buy signal.
  • DDQE Confirmation: Green line above the zero line.
  • Market Confirmation: A bullish candle forms.
  • Action: Place a buy order.
  • Stop Loss: Low of the previous market.
  • Risk-Reward Ratio: 1:1.5.
  • Outcome: The trade hits the target.

Scenario 2: Bearish Market

  • Signal: The ICT indicator gives a sell signal.
  • DDQE Confirmation: Red line below the zero line.
  • Market Confirmation: A bearish candle forms.
  • Action: Place a sell order.
  • Stop Loss: High of the previous market.
  • Risk-Reward Ratio: 1:1.5.
  • Outcome: The trade hits the target.

Table: Trade Outcomes

Trade Type Signal DDQE Confirmation Market Confirmation Action Stop Loss Risk-Reward Ratio Outcome
Buy Buy Green line above zero Bullish candle Buy Low of previous market 1:1.5 Hit Target
Sell Sell Red line below zero Bearish candle Sell High of previous market 1:1.5 Hit Target

Conclusion

The ICT 2022 Mentorship Model is a powerful tool for traders looking to improve their trading skills and increase their chances of success. By leveraging AI-based technology and combining multiple indicators, these tools provide clear and reliable signals for entering and exiting trades. Whether you are a beginner or an experienced trader, the ICT 2022 Mentorship Model can help you make informed trading decisions and achieve your financial goals.

“The key to successful trading is having a clear strategy and sticking to it.”

If you’re ready to take your trading to the next level, start using the ICT 2022 Mentorship Model today. Subscribe to our YouTube channel for more trading strategies and tips. Happy trading!

Simeon Bala
Author: Simeon Bala

An Information technology (IT) professional who is passionate about technology and building Inspiring the company’s people to love development, innovations, and client support through technology. With expertise in Quality/Process improvement and management, Risk Management. An outstanding customer service and management skills in resolving technical issues and educating end-users. An excellent team player making significant contributions to the team, and individual success, and mentoring. Background also includes experience with Virtualization, Cyber security and vulnerability assessment, Business intelligence, Search Engine Optimization, brand promotion, copywriting, strategic digital and social media marketing, computer networking, and software testing. Also keen about the financial, stock, and crypto market. With knowledge of technical analysis, value investing, and keep improving myself in all finance market spaces. Pioneer of the following platforms were I research and write on relevant topics. 1. https://publicopinion.org.ng 2. https://getdeals.com.ng 3. https://tradea.com.ng 4. https://9jaoncloud.com.ng Simeon Bala is an excellent problem solver with strong communication and interpersonal skills.

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An Information technology (IT) professional who is passionate about technology and building Inspiring the company’s people to love development, innovations, and client support through technology. With expertise in Quality/Process improvement and management, Risk Management. An outstanding customer service and management skills in resolving technical issues and educating end-users. An excellent team player making significant contributions to the team, and individual success, and mentoring. Background also includes experience with Virtualization, Cyber security and vulnerability assessment, Business intelligence, Search Engine Optimization, brand promotion, copywriting, strategic digital and social media marketing, computer networking, and software testing. Also keen about the financial, stock, and crypto market. With knowledge of technical analysis, value investing, and keep improving myself in all finance market spaces. Pioneer of the following platforms were I research and write on relevant topics. 1. https://publicopinion.org.ng 2. https://getdeals.com.ng 3. https://tradea.com.ng 4. https://9jaoncloud.com.ng Simeon Bala is an excellent problem solver with strong communication and interpersonal skills.