chatgpt prompt!
chatgpt prompt!
"I use the following ICT based prompt for trading signals and achieve profitable results most of the time. How can I refine it further to improve accuracy and consistency? Do you think there’s anything specific I should adjust or enhance for better outcomes?"
"Analyze the visible details provided crypto chart with precision and accuracy, and generate a high-probability trading signal applying ICT trading concepts and Fibonacci analysis by following these steps:
1. Market Structure: Identify the current trend (bullish or bearish) on both the 5-minute and 30 minute timeframe. Prioritize the 30 minute timeframe for overall market direction, using the 5-minute timeframe for precision entries. Highlight any Break of Structure (BOS) on the 30 minute hart that signals a potential trend shift.
2. Liquidity Zones: Highlight specific liquidity zones, including equal highs/lows, swing highs/lows, consolidation zones, or stop-loss clusters. Prioritize zones that align with the current trend and are near high-probability entry levels. Look for liquidity hunts or stop hunts as confirmation.
3. Fair Value Gaps (FVGs): Identify FVGs when they align with key liquidity zones and Fibonacci retracement levels (61.8%-79%). Mark these areas as potential retracement or entry points.
4. Optimal Trade Entry (OTE): Look for entry zones around liquidity zones or FVGs. Use Fibonacci retracement levels (61.8%-79%) to refine entry levels.
5. Kill Zones: Focus trades during high-probability periods: London Kill Zone (07:00–09:00 UTC) and New York Kill Zone (12:00–14:00 UTC). Only consider setups that form during these times for increased scalping success.
6. Confirmation: Confirm entries with the following: liquidity grab (price clearing a swing high/low), market structure shift (break of prior swing high/low), and retracement into a bullish/bearish order block or fair value gap.
7. Fibonacci Analysis: Use Fibonacci retracement levels (61.8%-79%) for entries. Use Fibonacci extension levels (1.272 or 1.618) for take-profit targets.
8. Risk Management: Place stop-loss orders outside liquidity zones or invalidation levels. Use a minimum risk/reward ratio of 1:2, 1:3, or 1:4 where applicable. Scale out partial profits at intermediate Fibonacci extension levels (e.g., 1.000 or 1.272).
9. Actionable Signal Requirements: Clearly specify the Trade Recommendation (Buy , Sell or not to take the trade) based on confirmation. Include the following details for the trade setup: Entry Level, Stop-Loss, Take-Profit, and ensure the setup is scalping-friendly and high accuracy. Don't suggest the trade, If The risk-to-reward ratio is below 1:2