in this video I'm going to be going over an indicator that I made 100% free there's no up charges or anything like that it's 100% free and click the link in the description below to sign up get access to it but we're going to be going over all the different functions of the indicator that I made so that way you can just add data to your trading one of the biggest things that I've seen in this trading industry is so many people are just going in blind trading with no data on their side no statistical edges and this was something that I believe I could add value to the trading industry as a whole so that way you can with whatever model you choose I don't care if you trade ICP smart money Concepts support and resistance you could trade lunar cycles for all I care this right here can add amazing Confluence to any model that you want to use so without further Ado let's get on the chart and see how to use this okay so the first thing obviously that you're going to do is you're going to add the midnight snap to your chart now it's going to be default to some different settings here but just know this is analyzing so much much data so whenever you change any of these settings or any of these metrics just know it's normal for it to load and take about 10 to 15 seconds for it to refresh so that way it's analyzing all the data that you input but right here you can see I love trading NASDAQ so what we're going to be doing is getting into how to use this specifically for what I like to do with NASDAQ and then at the later part of this video stick around I'm going to show you the strategy that if you want to use it again this is not me giving you guys a strategy Financial advice trading anything like that but this is how I'm using it to trade every single day um the the retracement and have high probabilities doing so I'll give you the strategy that's built inside of this indicator but you don't have to use that strategy again you can use this as a Confluence with any way of trading any style of trading and you're going to see how to do that right now here it's going to take about 15 seconds is uh to load there will be a little spinning bar here on the eyeball once we get into it I'll show you um but when you change the settings here it's going to take a little bit because it's analyzing a ton of data and you have to be on the 1 hour time frame to get this data okay because the 1 hour time frame no matter the subscription that you have on trading view um that's when you're going to get the most data from this right it's going to look back that much uh that much data that your chart allows so in this case here I have the the premium subscription on trading View and I have 1,032 days or 1,032 sessions meaning I have like 2.8 years almost three years of data telling me that in this specific time frame on NASDAQ we have a 67.5% chance of retracing to the midnight open so that's a that's a really good chunk of data that's that's good statistics and then if I want bonus data and doesn't matter the subscription plan unless you you have to have replay mode obviously you can go into replay mode and you can then go all the way back to the end of your chart and then click and then you know start the replay mode at the beginning and then you get a bonus 2.8 years so you can get up to like four to five six years of data um if you have the highest subscription plan possible but even if you don't again you can you can still do that to get more data to and then just do the averages right so if you do two replay modes and you have 2.8 years and say one says 67.5 and the other one says 60 just you know add them both and divide by two and there's your actual average amongst how much every time of or how much every data you want so you can see right off the bat you can get a lot of good quality data so now what we're going to do is we're going to just explain each of these features so that way you guys understand so again it's going to be defaulted so whatever the whole point of this indicator okay is whatever asset you want to trade you it you have to fine-tune this to the specific asset this is not a blind uh time that you have to that is for everything right for Nasdaq from 8:00 to 11 and the reason why I say um eight so please pay attention to this is it does the candle close Okay so at set it's not doing it starting at 7 it's doing it at the close of the 7 o'cl candle to whatever you want it to end at in this case here you see if I put seven here it's going to start highlighting the session at 8 because it's the close of the 7 o'cl hourly candle not the start of the 7 o'clock hourly candle same thing for the midnight open so the midnight open is 2300 because it's the close of that 2300 candle which you can see right here that starts the opening midnight price so you see how it starts drawing the line here that's showing you the midnight opening price and then it's waiting until that candle closes so please make sure you're aware of that that's a very big important thing because I can already see people they're going to be like dude I'm putting zero here why is it doing it at 1 in the morning because you have to have it set to the close of this 2300 candle or whatever time frame you're in time zone but this is set for New York New York midnight open okay EST so first one here is we have the table location so again you can just move the table to whatever uh side you want on the chart so that way it's convenient for you session this is going to start and stop your session time it's also going to act as like a sessions indicator so it'll highlight on your chart your trade window so you can see it you can change the line either dotted solid if you do solid it'll just make this a solid line dashed again same thing very very minimal things you can change the color of the line if you want to um the minimum Wick tick okay so this is for the footprints so you see here this is what I like to call um liquidity footprints and all this shows you is when this giant Wick was formed whenever price comes back into this area there's going to be objective by pressure again could it melt through it absolutely but you can see here we drew this giant liquidity footprint that it automatically draws on the chart and it'll stop drawing it when price takes that and then runs with it or it melts through so it stops drawing them so a few you can see here here was a major bearish liquidity footprint when we came to it we sold off but then we melted through it and it stop drawing it so what it's a really cool feature that if you want to do pre-market analysis and you want to add the liquidity Footprints closest to recent price you can see what the indicator is pulling for you so you can visually see it and then highlight over it with just a rectangle tool and then if it gets too cluttered you can just turn it off and that way um you give it a couple seconds to update and then it'll turn off so that way your chart just looks a little cleaner and you can just leave that on there so that way if you're having trouble seeing them but if you're not having trouble seeing them if it's easy for you you don't have to have that I just have that as a feature if people want to so this little minimum tick uh Wick ticks it's let it's only showing you um major liquidity footprints for however many in ticks you specify right so if you have it like set to five you're going to have a lot of liquidity footprints on the chart so you're going to have a lot of false ones that are just going to be really weak but if you have them like what I have it set to is around 90 to 100 150 it's only showing you those major impulsive Wicks that are going to really be prominent on the chart so if I set to 120 here it's only going to show those major impulsive L versus a ton that's just going to clutter up your chart and give you a lot of like false liquidity Footprints so another feature here is you can see oh and I have it turned off so that's why it wasn't printing but if I have it turned on it'll show another feature is you can just change the color of the footprints I like to keep it just a a normal neutral color because again I don't have I don't care if it's green for bullish red for bearish I just want to see in relation to where we are on the midnight open where it's going to be and stick to the end of this video where again I'm going to show you the strategy that's built into this indicator again for free if you would like to see how I use it but you don't have to use it that way so now in the use case portion of this how and how it's all going to work is every single day when you have the when you have your time window for whatever asset this is going to give you Confluence again to whatever strategy you use because you know in this specific time frame price has a high likelihood of retracing to this area so I went into replay mode here to show you a really nice day that we had Monday which is a couple days ago um this was an actual trade I took using this indicator using um liquidity and Market structure this was a beautiful high statistical day that it played right in line with the with the probabilities so what you can see here is I have my window set to 8 o' so I know that if price is hovering and trending above the midnight open here then we know we have a high chance from 8 to 11 we're going to revisit this area of price because we have a 67.5% chance okay does that mean it's going to does that mean it's guaranteed no that does not mean that we just can predict the market every single day but we have a high chance and the statistics are on our side over over two years that this has been happening in this window every single day for Nasdaq and again you can do this for any asset so if I know that we're going to potentially retrace to this area if I I'm using this in a Confluence with another model then if I have a short opportunity in this time window I can now know and use this data in my favor that if I have a short like let's say I'm trading ICT or smart money and there's a short opportunity coming up here on the lower time frame then I know that we are we have an even higher chance of getting to our takeprofit because we're going to retrace to that midnight open and vice versa if I have a long setup maybe I don't want to take that long setup with whatever TR model I have because in this time window it could go against us right like if I have a setup that appears here out of uh whatever strategy I'm using in this time window I may not want to take it because I have a higher likelihood of getting stopped out just just because we're most likely going to retrace to this level so you can add this to any any way of trading any strategy and you can instantly have higher probabilities in a Time window set for you customized to whatever you want to to do and in addition to that it doesn't have to be the midnight open if you want if say your model is you want to find ways of of retracing to the 7:00 candle right so then you would put six because we're it's the close of the six o' if you want to see in this time window from 7 to 11: how what are the odds of us retracing to the 7:00 opening price then we'll put six here because that's the close of the six o' hourly candle and then you can see it's going to take a little bit to update because it's analyzing a ton of data and then there we go it's going to draw for you once it's done is it done so let's go right here there we go so you can see right here it drew the close of this six o'clock hourly candle open of the 7:00 candle and it's giving you an 85.3% chance so out of again 2.8 years of data we have an 85.3% chance between 7 to 11 of ret tracing back to the opening price of the 7:00 C now obviously duh this is the time window starting at 7 so you're going to probably have a ton of probabilities of that happening because it's so close but you can see the point of you don't have you're not constrained just to the midnight open but if the midnight open is very important to you in whatever trading model you use again you can add this to any asset any time frame and build that data for yourself so now getting into the portion of how do I actually use this right how would I use this specifically with my strategy well if I know and let me go over this too so we have time touches and probability so the last portion of just deciphering all this data is yes we know that 67.5% of the time we're going to retrace but I took it one step further and I'm showing you in chunks of uh the one-hour candle at what point in the hourly candles of my time frame will are we going to see that rejection or that retracement okay so again this is not an an indicator that's going to tell you to get into the market this is not to tell you this is when you're going to take the trade this is going to give you and have and arm you with data to again back up any of your decisions that you're taking on the chart and you're going to see okay well between minute 30 and minute 45 I have a 31% chance I have most of the touches happening most of the retracements happening in the 30 minute portion of the hourly candle meaning from minute 30 30 to minute 44 okay that third 15minute candle of the hourly time frame we're going to most likely experience that retracement and then you can even just confirm this by going back in time and seeing how many times in the all of these hourly candles because from 8 to 11 that's 8 9 10 11 that's four hourly candles so in those four hourly candles in this session okay when it gets to the 30 minute to 44 minute of those hourly candles we have a high chance between that time and the end of that hourly candle of when we're going to retrace so you can see here at 8:00 so in the first if we go to the 15minute time frame and let's see how how many times that's true you can just literally go back and see this from 8:15 or 8:00 that was the zero to the first 14 minutes so the first 15 minute of that 8:00 candle we retraced so we were on the outer portion of the data on 8:30 so you can see right here from so 8:30 this was a statistical day on January 31st and that's right in line with the more common statistics this day never retraced so this was an out of statistic day you can see right here 9:30 30 right so the 30 minute candle of the hourly candle that's when we retraced again right into Data never retraced never retraced until outside of the window never retraced in in inside of the window and I want you guys to understand understand just because you have this data here again it doesn't mean you're going to specifically like you you you know how to predict the market data is data not guarantees okay so just know that so on this candle here we actually retraced again 9:30 what happened here 30 minutes in data so again this data is there for you to use so that way you just know it say we were already in a trade and it's getting close to that 30 to 45 minute Mark of the hourly candle the the last half of the hourly candle you have a high chance in this specific setting on NASDAQ that we're going to experience that retracement so now moving into my strategy and how I use this and how you can use this as well if you want to arm yourself with data and just trade this way again this is not trading advice I'm not giving you advice on how to do any of this but I'm showing you what I do so what I do is at the beginning of 8:00 so when 8:00 is about to happen here right around like 7:58 75 59 am EST I'm finding my local liquidity footprint in relation to where we're most likely going so if we are above the midnight open I'm looking for shorts if we are below the midnight open within my time frame I'm looking for Longs because if I know that price is going to come back up here and retrace I'm not looking for shorts in this time window just like I mean look look at the previous days right like right here why would I be looking for Longs if I know have a 67% chance we're going to go back down to this midnight open I wouldn't and same thing for if we are below look at this if we are below the midnight open why would I be looking for shorts here because I know that longs are going to be in my favor right so it's the same thing here we're starting out in this session pric is above midnight open so I'm only looking for shorts so I need to find liquidity Footprints above these hourly candles that's going to tell me we're going to have objective sell pressure and then that's going to be my Catalyst on a one minute time frame to then get into my short and to then get to my uh takeprofit or stop loss if it's just an out of statistic day again this will not win this is not a 100% win rate strategy this isn't this doesn't mean that you're going to get 7 67% win rates this means you're going to have a high probability with whatever model you trade but if you choose this way of trading you're still going to have a decent win rate but you're also arming yourself with data to do that so now going down to the one time frame this again this was exactly a trade I took at 8:00 that's my trade window and you can see it starts highlighting even on the lower time frame so at 8 o' all I'm waiting for now because again on the one hour time frame I drew this impulsive Wick here that's telling me there is objective sell pressure and all I mean by impulsive Wicks is just any any Wick that's pretty large like like this again there's a little bit of discretion here but do you does this look like a major cell pressure area no does this look a lot larger than this yes so I know I have a high chance that when price comes back into this area we're most likely going to sell so if I add that in combination with high probability data that's all I need to to take my short so now on the one minute time frame I'm waiting for a bearish candle to reject off this liquidity and then close below and that's my short and my stop loss is using Market structure taking and putting it above a protected high and what is a protected High a protected high is a high that made a new low that shifted the structure in the bearish way and vice versa for um a protected low if I'm looking for a long I want to put my stop loss below a protected low that caused a shift in structure so this right here if if I was taking along right here my stop loss would be below this low because this low was responsible for breaking a major high that caused bearish Trends so right here on the one minute time frame this high was responsible for for breaking these lows and causing this downshift this this downtrend temporarily so I would be waiting for a low to break this high and that's where my stop loss would be so right here is where my stop loss would be vice versa for shorts I'm looking for a protected high that caused bearish structure to start shifting this low was never broken from this high so neither of these highs would be my stop-loss area so I'd have to keep on looking back left and seeing okay where is their objetive uh where where is there an objective higher low or the daily candle because I'm playing the daily candle as a DAT as a day trader so if I can't find a protected High that's local to price and and other than me dragging my stop loss way all the way up here then I'm just going to use the daily candle I'm going to use the daily high that we have currently because that is going to be my protected High because we're in statistical opportunity here we're in a statistical window of correcting back down to the downside so now I'm just waiting for a bearish close which we get right there so this was my short at 801 and again I would already have had this mapped out I'm already calculating my lots and my position size my contracts however I'm trading and this is something that you just have to do every single day my target is always going to be the midnight open stoploss with a little bit of breathing room above either a protected high or the daily high so of the daily candle here so that was my short right there at the candle close and then you just let the trade play out stop loss or take profit and uh I think we had some news this day too so we actually start correcting just a little bit but uh thanks to Futures you don't really get slipped that bad because it got pretty close but again the day was still true which was right there um we retrace back to the midnight open so this is literally my bread and butter right this is literally what happens almost every single day and you will not find trades every single day but the thing is and the the most important part about trading is you're not going to have trades every single day it's fine it's fine if every single day is not your day to trade I know some models are like that and that's fine if that works for them but for me I'm fine just waiting for a very high quality setup like this and just taking my time and being patient so this is a way that you can use Market structure liquidity and data to then build a great trading model there's the video guys drop a like on this video if you found it helpful the link is in the description below to sign up on how to use this join the Discord if you have any questions at all again you can tag me and I'll make sure to answer them or somebody in my team or my pack Traders will will answer you like I say at the end of every single video I love you guys thank you so much for watching as always stay grinding on your goals and never let anyone tell you that you can't do something they have never done themselves and I'll see you guys later pack trade group