LIQUIDITY PROFILES +

STANDARD
DEVIATION THEORY

Mentor & Concept Credits: Michael

Huddleston & TraderDext3r
DISCLAIMER:

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Table of Contents

DISCLAIMER: 2
Table of Contents 3
Introduction 4
IPDA Data Ranges 5
IPDA cont. 6
Example 7
Element of Time + Price 8
3 Month Lookback Profile 9
3 Month Look Back: Function 10
3 Month Retracement / Reversal Profile 11
3 Month Continuation Profile 12
3 Week Look Back Profile 14
3 Week Reversal / Retracement Profile 15
3 Week Continuation Profile 16
3 Day Look Back Profile 17
3 Day Reversal / Retracement Profile 18
3 Day Continuation Profile 19
Intraday 12 Hour Look Back Profile 20
Intraday 12 Hour Reversal / Retracement 21
Intraday 12 Hour Continuation Profile 22
Introduction

Hello MonsterLab! This pdf will be an in-depth guide to Interbank Price

Delivery Algorithm (IPDA) Data Ranges + Standard Deviation Theory. If
you haven’t already, I recommend reading the previous PDF: ‘Standard
Deviation + PO3’. These concepts were initially outlined/discovered by ICT
(Michael Huddleston) however have been taken further with the
independent research of TraderDext3r (MonsterLab).

This pdf is exclusive for MonsterLab members only so please do not share
without consent.

TraderDext3r - MonsterLab Founder

ICT Charter / 4.5 Years Experience
STDV Theory
Before we dive into the concepts I need to
give full credit to Dexter, please see the QR
Code for all the links to his social media.
Be sure to follow, subscribe and study his
content.

Who am I? - po3trader

Day trader of Indices & Forex markets

6 years trading experience
Primarily trades PO3 during NY AM session
Pairs I trade: NAS, SPX & GU
Entry Model: 4H PO3 + STDv
Student of ICT
IPDA Data Ranges

What is IPDA? (Interbank Price Delivery Algorithm)

- A lookback function which uses previous data ranges in historical price
action to outline PD Arrays & Liquidity Pools.

Why is it important?
- We use IPDA Data Ranges as a Synchronisation tool to show us where
Liquidity lies. It is how you combine TIME + PRICE.

Hence why using IPDA DATA Ranges correctly is a powerful tool to become in-sync
with the market and increase your awareness to which Liquidity is currently being
scouted within the current range.
IPDA cont.

Also known as the ‘Algo’ is the AI that delivers price. It is

designed to deliver price as efficiently as possible.

How does it do it? IPDA looks at the past three months

of price action to determine how to deliver price in the
future. IPDA will be drawn to Liquidity in the form of SSL
& BSL (Old Highs & Lows) or Inefficiencies/Imbalances
(FVG/LV etc).

Why is it important? Market Efficiency Paradigm & IPDA

are key to understanding Institutional Order Flow. You
want to establish bias? This is how…

To simplify even further, price only does two things:

Moves from Internal Range Liquidity > External Range Liquidity.

Moves from External Range Liquidity > Internal Range Liquidity.

When Internal Range Liquidity is taken, External Range Liquidity becomes

the draw.

When External Range Liquidity is taken, Internal Range Liquidity becomes

the draw.

IRL = Internal Range Liquidity

ERL = External Range Liquidity

Where did price come from? IRL (SIBI + LV)

Where is it now? ERL (Old Low)

Where is price likely to go? Back to IRL: - Our draw

is Internal (back into the Dealing Range) so our
bias is Bullish unless price says otherwise.
Example

We marked out our current Dealing

Range with Premium & Discount.

I selected 2 FVGs (IRL) within a Premium

(above Equilibrium).

Now we ask those same 3 questions:

Where did Price come from? ERL (Old Low)

Where is Price now? IRL (FVG)

Where is Price likely to go? Back to External Range Liquidity (Relative Equal Lows)

Our bias would switch to Bearish:

ERL taken, price has moved from a

Premium back down to a Discount.

Where do we look next? We are at ERL

so now we look back to IRL.
Element of Time + Price

With IPDA being our process of TIME

Refer to the PD Array Matrix for PRICE

PD ARRAY MATRIX:

Outline your current Dealing

Range with Premium &
Discount.

Anything above Equilibrium

in this example is a Point of
Interest and is an area
where price will likely react
from.
3 Month Lookback Profile
Time & Price are the most important elements to every trade setup. Without these
two elements your trade lacks substance and will result in lower probabilities.
These are the Liquidity Profile Templates:

TIME: 3 MONTH (60 DAY) = 3 MONTHLY CANDLE = USE DAILY TF

3M Range (20, 40, 60 Days)

Before we use STDV it is

important to outline the IPDA
Data Ranges you are trading
within. This is what makes
Standard Deviations accurate.

Identify Liquidity & PD Arrays in

Opposing Liquidity above/below
Equilibrium.
3 Month Look Back: Function

60 Day Look Back is the

Monthly Range (3 Months of
Data). We are viewing the last
3 MONTHLY candles.

From your anchor point, look

back 20, 40, 60 days. Mark
each range with a vertical
line.

Identify Institutional Order

Flow

Mark out Institutional

Reference Points: Old High,
Low, Order Blocks, Fair Value
Gaps & Voids.

Remember: Every 3 / 4 Months there is going to be a Quarterly Shift, a change in

Direction.

Standard Deviations:

1 - 1.5 = Re-accumulation / Re-distribution Zone

2 - 2.5 = Reversal / Retracement Zone
2.5 - 4 = Retracement / Reversal Zone
4 = Terminus

We can incorporate Standard Deviations to project from the most discernible

Price Leg Lower of the IPDA Data Range.
3 Month Retracement / Reversal Profile

1. IPDA Data Ranges have been

outlined

2. IOF = Bullish

3. Liquidity identified

4. Mark Standard Deviation projection

from lowest discernible price leg of the
Range.

Price has arrived at a HTF PDA within

2.5 - 4 STDV. Price failed to close
strongly above 2.5 STDV.

Profile: Retracement / Reversal to

Internal Range Liquidity

Expect Retracement / Reversal to the

Equilibrium of the Dealing Range.
Note how price hunts the 20, 40, 60 Day Liquidity in the Cast Forward period (20,
40, 60 Day)

3 Month Continuation Profile

This profile occurs when
price is below the
Equilibrium range & within
Internal Range Liquidity of
the overall dealing range.

Targets: High of the

dealing range / external
range liquidity.

As seen here:
Summary:

You are only ever looking for 2 profiles.

1. Retracement / Reversal when price is within 2 - 2.5 STDV, target Internal

Range Liquidity.

2. Continuation when price is within Internal Range Liquidity of the Dealing

Range and when Price is in the opposite range of Premium/Discount.

Do not be discouraged if you do not fully understand, we have more examples.

We can apply these same profiles to the 3 week look back, 3 day look back and
intraday 12 hour look back.
3 Week Look Back Profile

3 Week Range (15 Days)

The same process can be applied

to the Weekly Range.

Using the 4H / 8H TF for 3 weeks

Look Back = 15 Days.

Identify Liquidity & PD Arrays in

Opposing Liquidity above/below
Equilibrium.
3 Week Reversal / Retracement Profile
3 Week Continuation Profile
3 Day Look Back Profile

3 Day Range

The same process applies.

Using M15/1H TF outline the 3
Previous Days = 1, 2, 3.

Identify Liquidity & PD Arrays in

Opposing Liquidity
above/below Equilibrium.
3 Day Reversal / Retracement Profile
3 Day Continuation Profile
Intraday 12 Hour Look Back Profile

12 Hour Range (3 x 4H Candles)

The same process applies. Using M1/M5

TF outline the 3 Previous 4H Candles = 4,
8, 12 = 12 Hours.

Identify Liquidity & PD Arrays in

Opposing Liquidity above/below
Equilibrium.

2:00 - 6:00 - 10:00 (Index Futures)

1:00 - 5:00 - 9:00 (Forex)

Just like every other concept, IPDA is fractal. We are just scouting liquidity in the
last 3 candles.

It can be 3 Monthly Candles, 3 Weekly Candles, 3 Daily Candles & 3 4H Candles.

Intraday 12 Hour Reversal / Retracement
Intraday 12 Hour Continuation Profile