ICT & SMC Reference

Trading Glossary

Every institutional order flow concept explained — built for traders who journal seriously.

ICT Concepts
Fair Value Gap (FVG)
A three-candle price imbalance where institutional momentum leaves an unfilled gap.
Order Block (OB)
The last opposing candle before a significant impulsive move — the origin of institutional order flow.
Liquidity Sweep
A deliberate price move engineered to trigger retail stop-loss orders before reversing.
Market Structure Shift (MSS)
A candlestick close beyond the most recent swing point signaling a change in the prevailing trend.
Breaker Block
A failed order block that flips polarity and becomes the opposite support/resistance zone.
SMC Concepts
Equal Highs & Equal Lows
Two or more swing extremes at the same price — institutional liquidity pools waiting to be swept.
Break of Structure (BOS)
A close beyond the most recent swing in the direction of the trend — confirming continuation.

Ready to journal these setups?

Track your FVGs, OBs, and sweeps with AI-powered analysis — free during beta.

Start Journaling on Tradexis →
No credit card required · 100% free during beta