PD arrays (premium and discount arrays) is ICT's umbrella name for every kind of zone price might react from: order blocks, fair value gaps, breakers, old highs and lows, and more. ICT arranges them in a matrix around equilibrium, so you can see which zones are in premium (for sells) and which are in discount (for buys).
The arrays
- Old high or low: a previous swing point, with liquidity resting beyond it.
- Rejection block: the long wicks at a swing high or low; ICT uses the wick area as a zone.
- Order block: the last opposite candle before displacement (Module 5).
- Fair value gap: the three-candle imbalance (chapter 2).
- Liquidity void: a long run of one-directional candles with little overlap.
- Breaker: a failed order block after a sweep (Module 5).
- Mitigation block: a failed order block without a sweep.
How to use the matrix
- Frame the range. Take the current dealing range on your timeframe and find equilibrium (50%).
- Pick the side. With a bullish bias, only consider discount arrays; with a bearish bias, only premium arrays.
- Find the draw. Identify the PD array or liquidity pool price is likely to reach next on the higher timeframe.
- Look for confluence. Arrays stacked together, such as an FVG inside an order block, are more significant than one alone.
Key takeaways
- PD arrays are all the zone types price might react from, arranged around equilibrium.
- Premium arrays (above 50%) are for sells; discount arrays (below 50%) are for buys.
- They include old highs and lows, rejection blocks, order blocks, FVGs, liquidity voids, breakers and mitigation blocks.
- Use the matrix to pick zones on the correct side for your bias, and favour stacked confluence.