The video appears to be a detailed explanation of a trading strategy or indicator named "ICT Trades." Mikey discusses the features and settings of the indicator, including entry types, stop-loss types, and other properties. The strategy is designed to offer back-testing capabilities up to 20 years, and it is shown to provide various trade examples and performance statistics. Mikey also mentions the possibility of creating custom trading bots using the strategy's alerts and connecting to brokers via API.
The video provides a thorough overview of the ICT Trades indicator and its functionalities, making it a valuable resource for traders interested in this trading tool.
Key Facts from the Text:
1. Strategy named ICT Trades based on ICT SM Trades premium indicator.
2. Strategy allows back-testing of trades up to 20 years with detailed statistics.
3. Settings include options to filter trades by bias, trend, or session.
4. Settings customization includes trend, fair value gaps, and order block parameters.
5. Strategy has properties like initial capital, risk settings, pyramiding, and more.
6. Entry types include first fair value gap, order block, or breaker block.
7. Stop-loss options include using the wick or body of the liquidity grab candle.
8. Ability to move stop-loss to break even after reaching a certain reserve ratio.
9. Deep back testing capability allowing reports up to 22 years in the past.
10. Alerts and notifications can be set up, potentially used to connect to trading APIs.
11. Performance summary, trade list, and visual representation of trades provided.
12. Paid accounts may offer smoother script loading due to increased allowed time.