Chapter 10 of 13

Market Maker Models

The buy and sell models that describe a full move from consolidation to target.

ICT's Market Maker Models describe a complete move from start to finish. The Market Maker Buy Model (MMBM) is a bullish reversal; the Market Maker Sell Model (MMSM) is its mirror. They tie together liquidity, PD arrays and structure shifts into one narrative.

Original consolidationSell programSmart money reversalBuy programTarget
The Market Maker Buy Model. The left side is the sell program; the right side is the buy program, which retraces through the same levels.

The Market Maker Buy Model

  1. Original consolidation: price ranges near the top. This is where the move started and, eventually, the target.
  2. Sell program (engineering liquidity): price falls in stages. Each pause and drop draws in sellers and builds sell-side liquidity below.
  3. Smart money reversal: price reaches a higher-timeframe discount PD array, often sweeping a low, and shifts structure upward.
  4. Buy program: price climbs back, often reacting at each of the earlier consolidations, as the sellers from the left side are forced out.
  5. Target: the original consolidation, and the buy-side liquidity above it.

The Market Maker Sell Model

The mirror image: an original consolidation near the low, a buy program rising in stages, a smart money reversal at a premium PD array, and a sell program falling back through the same consolidations to the start.

StageBuy modelSell model
StartConsolidation at the topConsolidation at the bottom
First halfSell program: falls in stagesBuy program: rises in stages
TurnDiscount PD array, sweep, bullish shiftPremium PD array, sweep, bearish shift
Second halfBuy program: retraces up through the stagesSell program: retraces down through the stages
TargetOriginal consolidation and buy-side liquidityOriginal consolidation and sell-side liquidity

How to use it

  • Identify the model on a higher timeframe, such as the 4-hour or 1-hour chart.
  • Don't try to catch the exact turn. Wait for the smart money reversal to confirm with a shift on a lower timeframe.
  • Use the earlier consolidations on the left side as partial-profit levels on the right side.

Key takeaways

  • The Market Maker Buy Model runs from an original consolidation, down a sell program, through a reversal, and back up a buy program.
  • The Sell Model is the mirror image.
  • The turn happens at a higher-timeframe PD array, usually with a sweep and a structure shift.
  • The earlier consolidations become targets on the way back; the original consolidation is the final target.