ICT Fibonacci Settings — OTE 0.705 Entry & Standard Deviation Targets + Free PDF

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In this guide I will walk you through the exact ICT Fibonacci settings I use on TradingView — the retracement levels, the OTE entry zone, the standard-deviation profit projections and how to apply the tool in both bullish and bearish setups.

Fibonacci is a tool used to measure retracements in price. It helps traders trade the continuation of a trend after a retracement and it sits at the heart of the ICT Optimal Trade Entry (OTE) pattern.

You can jump to the section you need or read the whole guide for a complete view of the tool.

What are ICT Fibonacci Levels?

ICT Fib Levels are the customised Fibonacci retracement and extension settings used personally by Michael Huddleston AKA Inner Circle Trader (ICT).

Fibonacci levels are a crucial part of the ICT Trading Strategy including the ICT Optimal Trade Entry (OTE) Pattern and they pair directly with the ICT Premium & Discount framework.

So you need to set up your Fibonacci tool according to the ICT specification before you can trade his strategy.

The standard ICT Fibonacci retracement set replaces the default tool levels with the values below.

ICT Fib Settings on TradingView (Step-by-Step)

This is exactly how I configure the Fibonacci retracement tool on TradingView so the OTE zone, equilibrium and the standard-deviation extensions render correctly.

1. Open the Fibonacci retracement tool on the left toolbar (or press Alt+F).
2. Right-click the tool and choose Settings.
3. Under the Coefficients tab, remove every default level except 0 and 1.
4. Add the ICT retracement levels: 0.5, 0.62, 0.705 and 0.79. The 0.705 level is the centre of the OTE zone.
5. Add the ICT standard-deviation extensions for profit targets: -0.27, -0.62, -1.0, -2.0, -2.5 and -4.0.
6. Tick Show prices and Levels line so the price labels print on every level.
7. Save the configuration as a template named “ICT Fib” so you can reapply it on every chart.

How to Use ICT Fibonacci Levels in a Bullish Market

In a bullish market price makes higher highs and higher lows. Before making a new high price retraces down and then continues its bullish trend.

When price retraces back you use the ICT fib levels to identify Premium and Discount, and the entry comes from the discount area using the ICT Optimal Trade Entry (OTE) Pattern.

(I) Identify a Swing High and the most recent Swing Low.

(II) Draw the Fibonacci tool from swing low to swing high as shown in the picture below.

(III) Wait for price to retrace back to the 70.5% OTE level.

(IV) Look for bullish evidence such as an ICT Market Structure Shift on lower timeframes at the OTE level.

(V) After confirmation you can execute a buy trade at the OTE level with stop loss below the swing low. For profit targets you use the ICT fib extensions on the negative side of the tool (standard deviation projections).

How to Use ICT Fibonacci Levels in a Bearish Market

In a bearish market price makes lower highs and lower lows. Before making a new low price retraces up and then continues its bearish trend.

When price retraces back you use the ICT fib levels to identify the Premium zone and you enter from the premium using the ICT Optimal Trade Entry (OTE) Pattern.

(I) Identify a Swing High and the most recent Swing Low.

(II) Draw the Fibonacci tool from swing high to swing low as shown in the picture below.

(III) Wait for price to retrace back to the 70.5% OTE level.

(IV) Look for bearish evidence such as an ICT Market Structure Shift on lower timeframes at the OTE level.

(V) After confirmation you can execute a sell trade at the OTE level with stop loss above the swing high. For profit targets you use the ICT fib extensions on the negative side of the tool.

Ideal Fibonacci Retracement Levels for Trade Entry

According to Michael Huddleston the ideal fibonacci entry zone in a bullish trend sits below the 50% retracement — specifically at the 62%, 70.5% and 79% levels.

In a bearish trend the ideal fibonacci entry levels sit above the 50% line, which is called the ICT Premium Zone.

So price is expected to bounce back from these fib levels and traders anticipate the entry here with confluence from a fair value gap, an order block or a liquidity sweep.

The 70.5% level is the central OTE level and is the most commonly cited entry on the ICT model.

ICT Standard Deviation Fib Settings (Profit Targets)

The negative side of the Fibonacci tool — the standard deviation projection — is how I set my profit targets. ICT teaches a specific extension set that aligns with how the algorithm delivers price after a clean displacement.

The canonical ICT standard-deviation projections are:

• -0.27 — short-term internal target, often the first liquidity pool above/below the swing.
• -0.62 — measured-move continuation; useful trail point.
• -1.0 — symmetrical projection, typical “1× the leg” target.
• -2.0 — full standard deviation expansion; often coincides with prior session highs/lows.
• -2.5 — extended target on strong trend days.
• -4.0 — maximum projection used in weekly bias trades and during high-impact news drives.

These are the targets I work down through, taking partials at -1.0 and trailing the rest toward -2.0 and beyond when the higher-timeframe draw on liquidity supports it.

Where to Set Stop Loss while Using ICT Fib Levels for Trade Entry

While using ICT fib levels to execute a trade, your stop loss should sit 10 to 20 pips below the 1.0 (100%) fibonacci level for a buy trade.

For a sell trade your stop loss should sit 10 to 20 pips above the 1.0 (100%) level of fibonacci.

On indices like NQ and ES the equivalent buffer is roughly 5 to 10 ticks beyond the 1.0 level. On gold (XAU/USD) I leave 50 to 100 cents of buffer beyond the 1.0 level.

Best Pairs for ICT Fibonacci Levels

The ICT fib settings work on every instrument that the ICT methodology is applied to — major forex pairs, indices and metals.

I personally use them most on GBP/USD, EUR/USD, NQ (NASDAQ futures), ES (S&P 500 futures) and XAU/USD because these instruments deliver clean impulse legs that retrace cleanly into the OTE zone.

For traders in the United States who follow the CFTC FIFO and no-hedge rules, the ICT fib settings are particularly useful on NQ and ES futures (CME Group). The standard-deviation projections (-1.0 to -4.0) align well with the algorithmic delivery seen during the 09:50 NY-AM macro window.

Common Mistakes When Using ICT Fibonacci Levels

These are the recurring mistakes I see when traders first adopt the ICT fib settings.

1. Drawing from the wrong swing. The Fibonacci must be drawn on the most recent valid impulse leg — not from a random high to a random low. The leg has to start with a clear sweep of liquidity or an MSS.
2. Entering at every retracement. Not every retracement reaches the OTE zone. If price stalls before 62%, the move is weak and the setup is invalid — wait for the next leg.
3. Ignoring confluence. The 70.5% level is meaningful only when paired with a fair value gap, an order block or relative equal liquidity inside the OTE zone. The level alone is not the trade.
4. Stop loss too tight. Stops parked exactly at the 1.0 level get hunted on the wick. The 10 to 20 pip buffer below/above the 1.0 line is non-negotiable.
5. Confusing retracement direction. In a bullish setup you draw from swing low to swing high. In a bearish setup you draw from swing high to swing low. Reversing the direction inverts the entire OTE zone.
6. No extension targets. Many traders set up the retracement levels but skip the standard-deviation extensions. Without -1.0, -2.0 and -2.5 mapped, partials and trailing become guesswork.

ICT Fibonacci Levels PDF Download

You can download below ICT fibonacci levels in PDF for free. This PDF is sponsored by ICTPDF.COM.

To learn the complete ICT Trading strategy step by step, you can buy the ICT Trading PDF eBook on ICTPDF.COM.

FAQs about ICT Fibonacci Settings

Brief answers to the questions readers ask most often about the ICT fib settings.

What are the exact ICT Fibonacci settings?

The retracement levels are 0, 0.5, 0.62, 0.705, 0.79 and 1.0. The standard-deviation extensions are -0.27, -0.62, -1.0, -2.0, -2.5 and -4.0.

What is the OTE level on the ICT fib?

The OTE (Optimal Trade Entry) level is 0.705, which is the central level of the ICT fib retracement set. The 62% and 79% levels bracket the OTE zone.

How do I apply the ICT fib settings on TradingView?

Open the Fibonacci retracement tool, go to its Settings, replace the default levels with the ICT retracement and extension values listed above, and save the configuration as a template.

Can I use the ICT fib settings on stocks and indices?

Yes — the settings are agnostic to the instrument. They apply equally to NQ, ES, forex majors and XAU/USD.

What is the standard deviation in the ICT fib?

The negative side of the fib tool is treated as standard-deviation projection. ICT uses -1.0, -2.0, -2.5 and -4.0 as the principal profit target levels.

Why does ICT use 70.5% instead of the classic 78.6%?

The 70.5% level is the centre of the OTE zone in ICT methodology. It typically sits inside a fair value gap or an order block on a clean retracement, which is why it is used as the primary entry trigger.

Where should the stop loss go?

Place the stop 10 to 20 pips beyond the 1.0 level — below it for a buy trade, above it for a sell trade.

Can I trade only with ICT fib levels?

The fib levels work best with confluence — a fair value gap, an order block or liquidity inside the OTE zone. The 70.5% level on its own is not a complete setup.

How do I read the negative levels?

The negative levels are profit projections. -1.0 equals one full standard deviation beyond the swing. -2.0 is two standard deviations, and so on.

Which timeframe is best for ICT fib levels?

The 15-minute timeframe is ideal for drawing the impulse leg and the 5-minute, 3-minute or 1-minute timeframe is used to time the entry inside the OTE zone.