CISD (Change in State of Delivery)
The moment price stops being delivered in one direction: a candle closes beyond the open of the candles that carried the move.
Bullish CISD: after a run of bearish candles, a candle closes above their open. Bearish CISD: the reverse, a close below the open of the preceding bullish candles. Only the body counts: a wick poking through the level is not enough.
The difference with a change of character: the CHoCH waits for a structural high or low to break, the CISD reads off the candles’ opens. So it comes earlier, and is wrong more often.
It is used as an entry trigger, on a low timeframe (1 to 5 minutes), after liquidity is taken or a higher-timeframe zone is tapped, and in the direction of the bias. The stop goes beyond the extreme before the CISD, not just behind the candle.
The trap: on its own, a CISD is just a candle close. With no liquidity taken, no zone and no bias behind it, it is worth nothing. And without displacement, the close often goes nowhere.
Every ICT notion, on real chartsThe glossary as a 48-page PDF: one notion per page, each shown on a real chart. Free, no account.See the ICT guide →Get the next letter
What I saw on the markets, one ICT notion explained simply, and what is new on the site. Free, one-click unsubscribe.
You will get a confirmation email: nothing is sent before you click it.
Comments
A question about this concept, or an example you have spotted on your own charts?
Comments are open to newsletter subscribers (free, one letter every two weeks). Leave your address: you get a link that brings you back here, ready to comment.