Learn IRL & ERL in ICT; Internal and External Range Liquidity

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  • Math

  • High School

  • 12th grade

  • Calculus and Advanced Math Concepts

  • English

Author's Instructions

In the ICT Style, price movement in financial markets is shaped solely towards liquidity; In this context, liquidity is divided into two categories of Internal Range Liquidity (IRL) and External Range Liquidity (ERL).

Internal Range Liquidity (IRL) refers to Fair Value Gaps (FVGs) within a range, while External Range Liquidity (ERL) refers to Old Highs and Old Lows.