OPEN-SOURCE SCRIPT
ICT Weekly Profiles
Overview
ICT Weekly Profiles is an advanced analytical tool designed to map, classify, and quantify recurring weekly price behavior based on Inner Circle Trader (ICT) concepts.
This indicator transforms raw price action into a structured weekly profile by identifying where the market forms its high, low, and directional bias, while also providing a statistical ranking of recurring patterns.
The goal is simple:
to help traders understand how the market tends to behave throughout the week and use that information to anticipate future movements.
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Core Concept
Markets often follow recurring behavioral patterns during the week, such as:
Tuesday High or Low formations
Wednesday reversals
Thursday consolidations
Friday expansions
This indicator automatically detects and classifies these behaviors into well-defined weekly profiles, allowing traders to identify the dominant market structure.
Weekly Profile Structure
Each week is represented visually through:
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1. Price Range Box
A box is drawn from the weekly high to the weekly low.
Bullish profiles are highlighted in green
Bearish profiles are highlighted in red
This provides a clear visual representation of the weekly range and directional bias.
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2. Market Structure Lines
The weekly movement is broken down into three segments:
Open → High → Low → Close
or
Open → Low → High → Close
This reveals the order of price events, which is critical in ICT-style analysis.
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3. Profile Label
Each week is labeled according to its behavior, for example:
Classic Tuesday Low of the Week
Wednesday High of the Week
Consolidation Thursday Bullish Reversal
These labels describe how the market formed its structure during the week.
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Profile Classification Logic
The indicator classifies each week based on the day where the high and low occur.
Bullish Profiles
Tuesday Low of the Week
Wednesday Low of the Week
Thursday Bullish Reversal
Midweek Rally
Bearish Profiles
Tuesday High of the Week
Wednesday High of the Week
Thursday Bearish Reversal
Midweek Decline
This classification reflects institutional accumulation and distribution behavior.
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Live Mode (Real-Time Analysis)
While the week is still active, the indicator dynamically updates:
Current weekly high and low
Structure lines
Active profile classification
The label is displayed as (LIVE) until the week closes.
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Statistical Ranking System
One of the most powerful features of this indicator is its built-in ranking system.
It tracks:
Total number of analyzed weeks
Frequency of each profile
Percentage occurrence
Typical day where the high or low forms
This transforms the indicator from a visual tool into a quantitative decision-making system.
------------------------------------------------------------------------------------
Timezone Flexibility
The indicator allows you to select different timezones:
London
New York
Tokyo
This ensures accurate session alignment and correct weekly structure depending on the market being analyzed.
------------------------------------------------------------------------------------
Market Sessions Visualization
Optional session tracking is included:
Asia
London
New York
Features:
Session markers (dots)
Session labels
Optional background coloring
This helps identify where liquidity and volatility are concentrated during the week.
------------------------------------------------------------------------------------
Market Open Filter
The script automatically filters out periods when the market is closed:
After Friday 17:00 New York time
Before Sunday 17:00 New York time
This prevents distorted data and improves accuracy.
------------------------------------------------------------------------------------
Customization Options
Users can customize:
Box colors (bullish / bearish)
Text and line colors
Ranking table position
Session visualization settings
Transparency levels
------------------------------------------------------------------------------------
Practical Usage
This indicator can be used to:
Identify dominant weekly patterns
Anticipate where highs or lows are likely to form
Establish directional bias early in the week
Improve timing when combined with liquidity or structure-based strategies
------------------------------------------------------------------------------------
Strengths
Based on institutional trading concepts (ICT)
Combines structure and statistics
Works across all markets (Forex, Crypto, Indices)
Provides both real-time and historical analysis
Offers probabilistic insights through ranking
------------------------------------------------------------------------------------
Limitations
Does not incorporate volume analysis
Focuses on structural behavior rather than momentum strength
Relies on OHLC data only
------------------------------------------------------------------------------------
Conclusion
ICT Weekly Profiles is more than a visual indicator.
It is a structured framework for understanding how the market behaves on a weekly basis.
By combining pattern recognition with statistical validation, it helps traders answer key questions:
Where is the market likely to form its high or low?
Which weekly patterns are most frequent?
What is the current institutional bias?
ICT Weekly Profiles is an advanced analytical tool designed to map, classify, and quantify recurring weekly price behavior based on Inner Circle Trader (ICT) concepts.
This indicator transforms raw price action into a structured weekly profile by identifying where the market forms its high, low, and directional bias, while also providing a statistical ranking of recurring patterns.
The goal is simple:
to help traders understand how the market tends to behave throughout the week and use that information to anticipate future movements.
------------------------------------------------------------------------------------
Core Concept
Markets often follow recurring behavioral patterns during the week, such as:
Tuesday High or Low formations
Wednesday reversals
Thursday consolidations
Friday expansions
This indicator automatically detects and classifies these behaviors into well-defined weekly profiles, allowing traders to identify the dominant market structure.
Weekly Profile Structure
Each week is represented visually through:
------------------------------------------------------------------------------------
1. Price Range Box
A box is drawn from the weekly high to the weekly low.
Bullish profiles are highlighted in green
Bearish profiles are highlighted in red
This provides a clear visual representation of the weekly range and directional bias.
------------------------------------------------------------------------------------
2. Market Structure Lines
The weekly movement is broken down into three segments:
Open → High → Low → Close
or
Open → Low → High → Close
This reveals the order of price events, which is critical in ICT-style analysis.
------------------------------------------------------------------------------------
3. Profile Label
Each week is labeled according to its behavior, for example:
Classic Tuesday Low of the Week
Wednesday High of the Week
Consolidation Thursday Bullish Reversal
These labels describe how the market formed its structure during the week.
------------------------------------------------------------------------------------
Profile Classification Logic
The indicator classifies each week based on the day where the high and low occur.
Bullish Profiles
Tuesday Low of the Week
Wednesday Low of the Week
Thursday Bullish Reversal
Midweek Rally
Bearish Profiles
Tuesday High of the Week
Wednesday High of the Week
Thursday Bearish Reversal
Midweek Decline
This classification reflects institutional accumulation and distribution behavior.
------------------------------------------------------------------------------------
Live Mode (Real-Time Analysis)
While the week is still active, the indicator dynamically updates:
Current weekly high and low
Structure lines
Active profile classification
The label is displayed as (LIVE) until the week closes.
------------------------------------------------------------------------------------
Statistical Ranking System
One of the most powerful features of this indicator is its built-in ranking system.
It tracks:
Total number of analyzed weeks
Frequency of each profile
Percentage occurrence
Typical day where the high or low forms
This transforms the indicator from a visual tool into a quantitative decision-making system.
------------------------------------------------------------------------------------
Timezone Flexibility
The indicator allows you to select different timezones:
London
New York
Tokyo
This ensures accurate session alignment and correct weekly structure depending on the market being analyzed.
------------------------------------------------------------------------------------
Market Sessions Visualization
Optional session tracking is included:
Asia
London
New York
Features:
Session markers (dots)
Session labels
Optional background coloring
This helps identify where liquidity and volatility are concentrated during the week.
------------------------------------------------------------------------------------
Market Open Filter
The script automatically filters out periods when the market is closed:
After Friday 17:00 New York time
Before Sunday 17:00 New York time
This prevents distorted data and improves accuracy.
------------------------------------------------------------------------------------
Customization Options
Users can customize:
Box colors (bullish / bearish)
Text and line colors
Ranking table position
Session visualization settings
Transparency levels
------------------------------------------------------------------------------------
Practical Usage
This indicator can be used to:
Identify dominant weekly patterns
Anticipate where highs or lows are likely to form
Establish directional bias early in the week
Improve timing when combined with liquidity or structure-based strategies
------------------------------------------------------------------------------------
Strengths
Based on institutional trading concepts (ICT)
Combines structure and statistics
Works across all markets (Forex, Crypto, Indices)
Provides both real-time and historical analysis
Offers probabilistic insights through ranking
------------------------------------------------------------------------------------
Limitations
Does not incorporate volume analysis
Focuses on structural behavior rather than momentum strength
Relies on OHLC data only
------------------------------------------------------------------------------------
Conclusion
ICT Weekly Profiles is more than a visual indicator.
It is a structured framework for understanding how the market behaves on a weekly basis.
By combining pattern recognition with statistical validation, it helps traders answer key questions:
Where is the market likely to form its high or low?
Which weekly patterns are most frequent?
What is the current institutional bias?
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.