OPEN-SOURCE SCRIPT
ICT Silver Bullet
OVERVIEW
The ICT Silver Bullet (Silver-Bullet) is a highly specialized, time-based trading algorithm designed to automatically identify and execute Inner Circle Trader's (ICT) famous Silver Bullet setups.
Strictly operating on the 1m, 3m, or 5m timeframes, this indicator monitors specific 1-hour high-volatility windows (Killzones). It completely automates the process of finding higher timeframe bias, mapping liquidity, detecting Market Structure Shifts (MSS) with Fair Value Gaps (FVG), and projecting exact Risk-to-Reward (R:R) targets.
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KEY FEATURES
Time-Based Execution (The Silver Bullet Windows)
• Automated Killzones: Visually highlights the specific ICT Silver Bullet windows: London (03:00-04:00 AM), NY AM (10:00-11:00 AM), and NY PM (02:00-03:00 PM).
• Out-of-Session Filtering: The model only actively looks for new setups during these specific time macros, ensuring you are trading when institutional volume is present.
Automated Narrative & Bias Integration
• HTF Bias Filter: Automatically aligns with a higher timeframe (e.g., 15m) bias. The indicator will filter out setups that go against the macro narrative.
• On-Chart HTF Candles: Draws a clean, customizable Higher Timeframe (HTF) candle panel directly on your execution chart, allowing you to read the macro story without switching timeframes.
Liquidity Sweeps & Market Structure Shift (MSS)
• Sweep Detection: Automatically plots short-term Buy Side (BSL) and Sell Side (SSL) liquidity. When price purges this liquidity during a Killzone, it marks the exact sweep extreme.
• MSS & FVG Confluence: After a sweep, it plots the MSS line. A setup is only validated if the displacement leg creates a Fair Value Gap (FVG).
Dual Entry Mechanics
• Mode 1 (MSS Close): Aggressive entry. The indicator triggers an entry the exact moment the MSS candle closes.
• Mode 2 (FVG Retest): Conservative entry. The indicator waits patiently for price to retrace back into the newly formed FVG before triggering the entry marker.
Automated Risk & Reward Projection
• Dynamic Stop Loss: Automatically sets the invalidation level (SL) at the absolute extreme of the liquidity sweep.
• R:R Targets: Projects a visual Take Profit line based on your desired Risk-to-Reward multiplier (e.g., exactly 2.0R or 3.0R from the entry point).
Real-Time Dashboard & Alerts
• On-Chart HUD: Tracks the active Killzone status, current narrative bias, execution timeframe warnings, and live trade status (Awaiting Entry, In Trade, Successful, Invalidated).
• Comprehensive Alerts: Get notified for every step: Liquidity Swept, MSS Confirmed, Entry Triggered, and Target Hit.
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HOW TO USE (The Step-by-Step Logic)
1. Wait for the Window: The dashboard must show "ACTIVE NOW" indicating you are inside the London, NY AM, or NY PM Silver Bullet hour.
2. The Sweep: Watch for the indicator to mark a sweep of liquidity (marked by a dot and a sweep box).
3. The Displacement: Wait for the price to reverse, break the MSS line, and leave behind an FVG box.
4. The Execution: Depending on your chosen settings, enter instantly upon MSS close, or wait for the price to tap the FVG box.
5. Trade Management: Place your stop loss at the sweep extreme and take profit at the automated Risk-to-Reward projection line.
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DISCLAIMER
This indicator is intended for analytical and educational purposes only. It does not constitute financial advice or trade signals. Past performance does not guarantee future results.
The ICT Silver Bullet (Silver-Bullet) is a highly specialized, time-based trading algorithm designed to automatically identify and execute Inner Circle Trader's (ICT) famous Silver Bullet setups.
Strictly operating on the 1m, 3m, or 5m timeframes, this indicator monitors specific 1-hour high-volatility windows (Killzones). It completely automates the process of finding higher timeframe bias, mapping liquidity, detecting Market Structure Shifts (MSS) with Fair Value Gaps (FVG), and projecting exact Risk-to-Reward (R:R) targets.
──────────────────────────────────────────────────
KEY FEATURES
Time-Based Execution (The Silver Bullet Windows)
• Automated Killzones: Visually highlights the specific ICT Silver Bullet windows: London (03:00-04:00 AM), NY AM (10:00-11:00 AM), and NY PM (02:00-03:00 PM).
• Out-of-Session Filtering: The model only actively looks for new setups during these specific time macros, ensuring you are trading when institutional volume is present.
Automated Narrative & Bias Integration
• HTF Bias Filter: Automatically aligns with a higher timeframe (e.g., 15m) bias. The indicator will filter out setups that go against the macro narrative.
• On-Chart HTF Candles: Draws a clean, customizable Higher Timeframe (HTF) candle panel directly on your execution chart, allowing you to read the macro story without switching timeframes.
Liquidity Sweeps & Market Structure Shift (MSS)
• Sweep Detection: Automatically plots short-term Buy Side (BSL) and Sell Side (SSL) liquidity. When price purges this liquidity during a Killzone, it marks the exact sweep extreme.
• MSS & FVG Confluence: After a sweep, it plots the MSS line. A setup is only validated if the displacement leg creates a Fair Value Gap (FVG).
Dual Entry Mechanics
• Mode 1 (MSS Close): Aggressive entry. The indicator triggers an entry the exact moment the MSS candle closes.
• Mode 2 (FVG Retest): Conservative entry. The indicator waits patiently for price to retrace back into the newly formed FVG before triggering the entry marker.
Automated Risk & Reward Projection
• Dynamic Stop Loss: Automatically sets the invalidation level (SL) at the absolute extreme of the liquidity sweep.
• R:R Targets: Projects a visual Take Profit line based on your desired Risk-to-Reward multiplier (e.g., exactly 2.0R or 3.0R from the entry point).
Real-Time Dashboard & Alerts
• On-Chart HUD: Tracks the active Killzone status, current narrative bias, execution timeframe warnings, and live trade status (Awaiting Entry, In Trade, Successful, Invalidated).
• Comprehensive Alerts: Get notified for every step: Liquidity Swept, MSS Confirmed, Entry Triggered, and Target Hit.
──────────────────────────────────────────────────
HOW TO USE (The Step-by-Step Logic)
1. Wait for the Window: The dashboard must show "ACTIVE NOW" indicating you are inside the London, NY AM, or NY PM Silver Bullet hour.
2. The Sweep: Watch for the indicator to mark a sweep of liquidity (marked by a dot and a sweep box).
3. The Displacement: Wait for the price to reverse, break the MSS line, and leave behind an FVG box.
4. The Execution: Depending on your chosen settings, enter instantly upon MSS close, or wait for the price to tap the FVG box.
5. Trade Management: Place your stop loss at the sweep extreme and take profit at the automated Risk-to-Reward projection line.
──────────────────────────────────────────────────
DISCLAIMER
This indicator is intended for analytical and educational purposes only. It does not constitute financial advice or trade signals. Past performance does not guarantee future results.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.