ICT Bias Pro

ICT Bias Pro: Dashboard + First Hour Range & Session FVGs

This indicator is a comprehensive "Bias Builder" designed for traders who follow Inner Circle Trader (ICT) concepts. It combines a multi-timeframe trend dashboard with a specific intraday strategy derived from ICT's recent teaching: "How Do I Engage Markets When I Don't Have An Initial Bias?"

The tool is designed to help traders find confluence between the Macro trend (Daily/4H) and the Micro execution (15M/5M) during the New York AM Session.

Features & Methodology
1. Multi-Timeframe Bias Dashboard Located in the corner of your chart, this dashboard provides a quick "Traffic Light" view of the market structure across 4 key timeframes:

Daily & 4-Hour: Establishes the macro direction.

15-Min & 5-Min: Monitors intraday order flow.

Logic: Bias is determined by comparing price relative to the 20 EMA and checking for Market Structure alignment. Green = Bullish, Red = Bearish.

2. The "First Hour" Trading Range (No-Bias Strategy) Following ICT’s specific logic for days when bias is unclear, this tool automatically highlights the 9:30 AM – 10:30 AM (New York Time) trading range.

Range High & Low: Defining the volatility of the opening hour.

Equilibrium (50%): The "Line in the Sand." Price holding above the 50% signals bullish strength (Premium); price below signals bearish weakness (Discount).

Quadrants (25% & 75%): Deep discount/premium zones for precision entries.

3. Session-Specific Fair Value Gaps (FVG) The indicator automatically detects and draws Fair Value Gaps that form only within that critical first hour of trading.

Auto-Extension: Boxes extend to the right until price "mitigates" (fills) them.

Consequent Encroachment (C.E.): Automatically plots the 50% dashed line inside every FVG, a key institutional support/resistance level.

Smart Mitigation: Once a gap is filled, the box changes color (user-selectable) to indicate it is no longer an active magnet.

How to Use This Indicator
This tool is designed to identify Confluence:

Check the Dashboard: Look for alignment on the Daily and 4H timeframes (e.g., Both Green).

Wait for 10:30 AM EST: Allow the script to draw the First Hour Range.

Trade the Confluence:

Bullish Setup: If the Dashboard is Green, look for price to hold above the 50% Equilibrium of the First Hour Range. Look for entries inside Bullish FVGs that form near the 50% or 75% levels.

Bearish Setup: If the Dashboard is Red, look for price to reject the 50% Equilibrium and stay in the lower half. Target Bearish FVGs near the 50% or 25% levels.

Settings & Customization
Dashboard Toggle: Show or hide the table to keep charts clean.

Colors: Fully customizable colors for Range High/Low, FVGs (Bullish/Bearish), and Mitigated gaps.

Text Positioning: Adjust FVG labels (Left/Center/Right) to prevent visual clutter on candles.

Credits & Attribution
Concept: Inner Circle Trader (Michael Huddleston).

Core Strategy: Based on the video "How Do I Engage Markets When I Don't Have An Initial Bias?"

Disclaimer: This tool is for educational purposes only. Past performance is not indicative of future results.