CHAPTER 31
Best Settings: Chart, Indicators, Risk
Settings will not make you profitable, but wrong settings push you into wrong decisions. These are the defaults you configure once and then stop touching.
31.1The Three-Chart Layout
| Chart | Timeframe | Task |
|---|---|---|
1 | Daily + 4H | Bias, draw, dealing range |
2 | 1H + 15m | Zones, fib pocket, exact prices |
3 | 5m + 1m | MSS, FVG, order entry |
31.2Fibonacci Indicator Settings
| Setting | Recommendation | Reason |
|---|---|---|
Levels | 0.5 · 0.618 · 0.65 · 0.705 · 0.786 · 1 · 1.272 · 1.618 | Fewer lines, fewer doubts |
Colours | Pocket green, levels yellow, 1.0 grey | The eye finds the zone instantly |
Anchor | Wick to wick | Consistency |
Price labels | Off | Keeps the chart clean |
Extensions | 1.272 and 1.618 on | Targets visible in advance |
31.3Indicators: Two At Most
| Indicator | Setting | Task |
|---|---|---|
14 | Volatility and stop size | |
London / NY window | Naming the killzone | |
20 | Trend slope only | |
— | Skip it |
ICT is a price-and-time method. Every extra indicator slows decisions and adds doubt. None is mandatory except ATR.
31.4Risk Defaults
| Setting | Value | Why |
|---|---|---|
Risk per trade | 0.5% new, 1% experienced | Survives ten losses in a row |
Max trades a day | 2 | Stops overtrading |
Daily loss limit | -2R | Caps the emotional day |
Weekly loss limit | -5R | Return to demo after a bad week |
Leverage | 10x or less | Keeps liquidation beyond the stop |
Total open risk | 1% | Correlated pairs count as one |
31.5Time And Alerts
| Setting | Value |
|---|---|
Timezone | Dhaka (UTC+6) with session labels |
Killzones | 13:00-16:00 and 18:30-21:00 |
Alerts | One per zone, one at the session open |
News | Block five minutes around releases |
No-trade hours | 02:00-05:00 |
31.6Journal And Screenshots
- Two screenshots per trade: before entry and after exit.
- Always log model, session, grade and the risk issue.
- Six weekly numbers: trades, win rate, avg R, DD, rule breaks, skipped A+.
- Use the [risk calculator](28-calculator.html) and the [journal](29-journal.html).
31.7One-Page Settings Card
| Section | Default |
|---|---|
Charts | Daily/4H · 1H/15m · 5m/1m |
Fib | 0.5 · 0.618 · 0.65 · 0.705 · 0.786 · 1 · 1.272 · 1.618 |
Indicators | ATR(14) + session highlight |
Risk | 0.5% · 2 trades · -2R day · -5R week |
Leverage | 10x or less |
Time | Dhaka, killzones 13-16 and 18:30-21 |
Educational material only · not financial advice.