WEICTPRO is a cTrader indicator designed to identify and visualize the first specific market imbalances occurring during three primary New York trading sessions (Midnight 00:00–02:30 ET, NY AM 09:30–12:00 ET, NY PM 13:30–16:00 ET). It targets ICT (Inner Circle Trader) methodology users who focus on "first-presented" setups as institutional footprints.
The indicator detects three imbalance types: Fair Value Gap (FVG), a three-candle gap where the first and third candle wicks do not overlap; Volume Imbalance (VI), a gap between the bodies of two consecutive candles; and Liquidity Void (LV), a total price jump with no price action between consecutive candle wicks. Once an imbalance type is identified in a session, it locks and does not redraw until the next session.
Visual features include dynamically extending boxes from the imbalance origin for a user-defined number of bars, a dashed midline marking the 50% level (Consequent Encroachment), and automated labeling with session and imbalance type. The indicator is hardcoded to Eastern Time for session accuracy and is best used on M1 to M15 timeframes to reliably capture the first imbalance. Users can toggle imbalance types, adjust box opacity, and set extension length. This tool supports multiple markets including Forex, indices, commodities, stocks, and cryptocurrencies.