Trading Profiles⏱️ 15 min

Quarterly Theory: The ICT Quarterly Cycle Theory

Quarterly Theory (QT) is a cycle theory developed to explain the algorithmic time and price distribution cycles of the Interbank Price Delivery Algorithm (IPDA). Under this theory, the market distributes price in 4 equal intervals (quarters) of time, which correspond to specific structural delivery behaviors.

The 4 Quarters of Price Action: AMDX / XAMD

The IPDA algorithm primarily schedules its cycle across 4 time segments:

📊 Profile 1: AMDX

Q1 = Accumulation (price ranges)

Q2 = Manipulation (Judas Swing / stop hunt)

Q3 = Distribution (major trend expansion)

Q4 = eXpansion (extension or reversal)

📊 Profile 2: XAMD

Q1 = eXpansion (initial fake move)

Q2 = Accumulation (range building)

Q3 = Manipulation (stop hunt / entry window)

Q4 = Distribution (final distribution run)

Applying QT to Multi-Timeframes

Quarterly Theory can be applied to different time cycles:

  • Weekly Cycle: Monday (Q1), Tuesday (Q2 - manipulation/low of week), Wednesday/Thursday (Q3 - expansion), Friday (Q4 - retracement/reversal).
  • Daily Cycle: Asia Session (Q1 - range), London Session (Q2 - Judas swing/stop hunt), New York Session (Q3 - distribution), London Close (Q4 - reversal).
  • Intraday (90-Minute Cycles): Splitting the 24-hour day into 90-minute blocks. The first 22.5 minutes is Q1, followed by Q2, Q3, and Q4.

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