Quarterly Theory ICT 02 [TradingFinder] True Open Session 90 Min

🔵Introduction

The Quarterly Theory ICT indicator is an advanced analytical system built on ICT (Inner Circle Trader) concepts and fractal time. It divides time into four quarters (Q1, Q2, Q3, Q4), and is designed based on the consistent repetition of these phases across all trading timeframes (annual, monthly, weekly, daily, and even shorter trading sessions).

Each cycle consists of four distinct phases: the first phase (Q1) is the Accumulation phase, characterized by price consolidation; the second phase (Q2), known as Manipulation or Judas Swing, is marked by initial false movements indicating a potential shift; the third phase (Q3) is Distribution, where price volatility peaks; and the fourth phase (Q4) is Continuation/Reversal, determining whether the previous trend continues or reverses.



🔵How to Use

The central concept of this strategy is the "True Open," which refers to the actual starting point of each time cycle. The True Open is typically defined at the beginning of the second phase (Q2) of each cycle. Prices trading above or below the True Open serve as a benchmark for predicting the market's potential direction and guiding trading decisions.

The practical application of the Quarterly Theory strategy relies on accurately identifying True Open points across various timeframes.

True Open points are defined as follows:

Yearly Cycle:

• Q1: January, February, March
  
• Q2: April, May, June (True Open: April Monthly Open)
  
• Q3: July, August, September
  
• Q4: October, November, December
  

Monthly Cycle:

• Q1: First Monday of the month
  
• Q2: Second Monday of the month (True Open: Daily Candle Open price on the second Monday)
  
• Q3: Third Monday of the month
  
• Q4: Fourth Monday of the month
  

Weekly Cycle:

• Q1: Monday
  
• Q2: Tuesday (True Open: Daily Candle Open Price on Tuesday)
  
• Q3: Wednesday
  
• Q4: Thursday
  

Daily Cycle:

• Q1: 18:00 - 00:00 (Asian session)
  
• Q2: 00:00 - 06:00 (True Open: Start of London Session)
  
• Q3: 06:00 - 12:00 (NY AM)
  
• Q4: 12:00 - 18:00 (NY PM)
  

90 Min Asian Session:

• Q1: 18:00 - 19:30
  
• Q2: 19:30 - 21:00 (True Open at 19:30)
  
• Q3: 21:00 - 22:30
  
• Q4: 22:30 - 00:00
  

90 Min London Session:

• Q1: 00:00 - 01:30
  
• Q2: 01:30 - 03:00 (True Open at 01:30)
  
• Q3: 03:00 - 04:30
  
• Q4: 04:30 - 06:00
  

90 Min New York AM Session:

• Q1: 06:00 - 07:30
  
• Q2: 07:30 - 09:00 (True Open at 07:30)
  
• Q3: 09:00 - 10:30
  
• Q4: 10:30 - 12:00
  

90 Min New York PM Session:

• Q1: 12:00 - 13:30
  
• Q2: 13:30 - 15:00 (True Open at 13:30)
  
• Q3: 15:00 - 16:30
  
• Q4: 16:30 - 18:00
  

Micro Cycle (22.5-Minute Quarters): Each 90-minute quarter is further divided into four 22.5-minute sub-segments (Micro Sessions).

True Opens in these sessions are defined as follows:

Asian Micro Session:
True Session Open: 19:30 - 19:52:30

London Micro Session:
True Session Open: 01:30 - 01:52:30

New York AM Micro Session:
True Session Open: 07:30 - 07:52:30

New York PM Micro Session:
True Session Open: 13:30 - 13:52:30




By accurately identifying these True Open points across various timeframes, traders can effectively forecast the market direction, analyze price movements in detail, and optimize their trading positions. Prices trading above or below these key levels serve as critical benchmarks for determining market direction and making informed trading decisions.


🔵Setting

Show True Range: Enable or disable the display of the True Range on the chart, including the option to customize the color.

Extend True Range Line: Choose how to extend the True Range line on the chart, with the following options:

• None: No line extension
  
• Right: Extend the line to the right
  
• Left: Extend the line to the left
  
• Both: Extend the line in both directions (left and right)
  

Show Table: Determines whether the table—which summarizes the phases (Q1 to Q4)—is displayed.

Show More Info: Adds additional details to the table, such as the name of the phase (Accumulation, Manipulation, Distribution, or Continuation/Reversal) or further specifics about each cycle.


🔵Conclusion

The Quarterly Theory ICT, by dividing time into four distinct quarters (Q1, Q2, Q3, and Q4) and emphasizing the concept of the True Open, provides a structured and repeatable framework for analyzing price action across multiple time frames.

The consistent repetition of phases—Accumulation, Manipulation (Judas Swing), Distribution, and Continuation/Reversal—allows traders to effectively identify recurring price patterns and critical market turning points. Utilizing the True Open as a benchmark, traders can more accurately determine potential directional bias, optimize trade entries and exits, and manage risk effectively.

By incorporating principles of ICT (Inner Circle Trader) and fractal time, this strategy enhances market forecasting accuracy across annual, monthly, weekly, daily, and shorter trading sessions. This systematic approach helps traders gain deeper insight into market structure and confidently execute informed trading decisions.