Accumulation Manipulation Distribution Ict smc | AMD Model in ICT SMC | ICT AMD Strategy Liquidity AMD Model in ICT / SMC Trading AMD stands for Accumulation, Manipulation, and Distribution. It is one of the core market models used in Michael J. Huddleston (ICT) and Smart Money Concepts (SMC) to explain how smart money moves the market. This model shows how institutions build positions, manipulate price to take liquidity, and then move the market toward the real direction. 1. Accumulation Phase