ICT Abbreviations List: A to Z Guide
Are you looking for a complete ICT Abbreviations List? Whether you need it for education, computer studies, or trading, this guide covers the essential ICT terms from A to Z. You can also download the ICT Abbreviations List as a PDF for easy reference.
ICT Abbreviations List
- AMD: Accumulation, Manipulation, Distribution (Also known as ICT Power of 3)
- BISI: Buy Side Imbalance, Sell Side Inefficiency (Bullish ICT Fair Value Gap)
- SIBI: Sell Side Imbalance, Buy Side Inefficiency (Bearish ICT Fair Value Gap)
- BPR: Balanced Price Range (The overlapping area between two ICT fair value gaps)
- BSL: Buy Side Liquidity (Buy stops placed at or above old highs)
- SSL: Sell Side Liquidity (Sell stops placed at or below old lows)
- BE: Breakeven (When a trade is adjusted to avoid loss or profit)
- BOS: Break of Structure (When price breaks a previous high or low)
- CE: Consequent Encroachment (50% retracement level of an ICT fair value gap)
- FVG: Fair Value Gap (A three-candle formation with a gap that price hasn’t filled)
- IFVG: Inversion Fair Value Gap (A Fair Value Gap that has been surpassed by price)
- HTF: Higher Time Frame (Examples: 1 Hour, 4 Hour, 1 Day, 1 Week, 1 Month)
- LTF: Lower Time Frame (Examples: 1 Minute, 5 Minutes, 15 Minutes)
- IPDA: Interbank Price Delivery Algorithm (The algorithm that delivers price data on charts)
- STH: Short Term High (A swing high in the market)
- ITH: Intermediate Term High (A high point between two short-term highs)
- LTH: Long Term High (A high point with lower intermediate term highs on both sides)
- STL: Short Term Low (A swing low in the market)
- ITL: Intermediate Term Low (A low point between two short-term lows)
- LTL: Long Term Low (A low point with higher intermediate term lows on both sides)
- MSS: Market Structure Shift (A change in the direction of the market)
- MT: Mean Threshold (50% retracement level of an ICT Order Block)
- OB: Order Block (A key concept in ICT for identifying trade opportunities)
- OTE: Optimal Trade Entry (An ICT model using Fibonacci for trade entries)
- PDL: Previous Day Low (The lowest price of the previous day’s candlestick)
- PDH: Previous Day High (The highest price of the previous day’s candlestick)
- PO3: Power of Three (An ICT concept involving accumulation, manipulation, and distribution)
- ERL: External Range Liquidity (Liquidity found outside a price range)
- IRL: Internal Range Liquidity (Liquidity found inside a price range)
- PD Array: Premium & Discount Arrangement
- BB: Breaker Block
- MB: Mitigation Block
- NWOG: New Week Opening Gap (A gap that occurs when a new week opens above or below the previous week’s closing price)
- LP: Liquidity Pool
- TGIF: Thanks God It’s Friday (A trading model)
Top 5 ICT Concepts
- FVG: Fair Value Gap (A gap between the 1st and 3rd candles in a three-candle formation)
- MSS: Market Structure Shift (A change in the market’s direction)
- PO3: Power of Three (Explains daily price movement through accumulation, manipulation, and distribution)
- OB: Order Block (Used for finding trade opportunities)
- OTE: Optimal Trade Entry (A trade entry strategy based on Fibonacci levels)
Do ICT Concepts Work?
Yes, ICT concepts work well if you learn and practice them consistently. They can help you achieve great results in trading.
For more details, download the “ICT Abbreviations List” in PDF format to keep a handy reference for education, computer studies, or trading.