ICT Glossary

Every ICT trading term in one place. Definitions link to full guides and dedicated term pages where available.

BOS (Break of Structure) (guide)
A confirmed break of the prior swing high/low signalling trend continuation.
CHoCH (Change of Character)
The first opposing swing break that hints trend may be reversing.
Displacement
A strong, aggressive expansion candle series that typically leaves imbalance behind.
Equal Highs / Lows
Matching swing points sitting as obvious liquidity pools above/below price.
Fair Value Gap (FVG) (guide)
A 3-candle imbalance where price left an inefficient gap likely to be revisited.
Inverse FVG (IFVG) (guide)
An FVG that failed to hold and now acts as resistance/support in the opposite direction.
Judas Swing (guide)
A false push at the London or NY open designed to grab liquidity before the real move.
Killzone (guide)
High-probability session windows (London, NY AM, NY PM, Asia) where ICT setups form.
Liquidity Sweep (guide)
A wick that runs stops above highs / below lows before reversing.
MSS (Market Structure Shift) (guide)
Internal structure break that precedes a full BOS; earliest reversal signal.
OTE (Optimal Trade Entry) (guide)
The 62–79% Fib retracement of an impulse leg used as an entry zone.
Order Block (OB) (guide)
The last opposing candle before a displacement move; acts as institutional demand/supply.
Breaker Block (guide)
An order block price closed through and then reclaimed — it flips from support to resistance or vice versa.
Mitigation Block (guide)
The origin of a failed push; price returns so trapped positions can exit near break-even.
PDH / PDL
Prior Day High / Prior Day Low — key daily liquidity references.
Power of Three (PO3) (guide)
Accumulation → Manipulation → Distribution daily/weekly cycle.
Silver Bullet (guide)
A 1-hour ICT window (10–11 AM / 2–3 PM NY) targeting FVGs after a liquidity run.
SMT Divergence (guide)
Correlated assets (NQ vs ES) failing to make matching highs/lows — signals hidden strength/weakness.
Smart Money Concepts (SMC) (guide)
Framework built around institutional order flow, liquidity and structure.
Turtle Soup (guide)
A false breakout reversal setup that fades the sweep of prior highs/lows.
Unicorn Model (guide)
Breaker block + overlapping FVG confluence entry model.

Practice the terms in replay

Load any historical NQ session and watch these concepts form live on the chart — killzones, FVGs, order blocks, liquidity and structure drawn automatically.

Open NQ Replay