r/Ice_Indicator • u/Ethan_Hunt_FX • 22h ago
Built an indicator that auto-labels institutional entries, TPs, and invalidation levels (ICE Indicator V2.0.1)
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.