ICT Silver Bullet Vertical Lines
Mar 26, 2024

The ICT Silver Bullet Vertical Lines indicator automatically highlights specific market hours associated with the Silver Bullet strategy, allowing traders to easily identify key institutional activity windows without manual charting.
Usage
The Usage section focuses on identifying the specific times where "Smart Money" is typically active in the market. Traders can use these vertical lines to backtest the Silver Bullet strategy or to frame their intraday trading sessions.
The indicator marks the following windows (New York Time):
- London Open Silver Bullet: 3:00 AM – 4:00 AM.
- AM Session Silver Bullet: 10:00 AM – 11:00 AM.
- PM Session Silver Bullet: 2:00 PM – 3:00 PM.
Additionally, a distinct line is placed at 12:00 AM to mark the start of the new trading day (Midnight Opening Price reference). Traders can adjust the colors and line styles of each specific time marker to match their chart theme or to differentiate between the various sessions.
Details
The script executes by tracking the time on a per-bar basis relative to the New York (GMT-4) timezone. When the internal clock matches the start or end of a Silver Bullet window, it draws an extended vertical line across the chart. This implementation ensures that the lines remain visible regardless of the price scale or zoom level. The logic is optimized to provide real-time alerts whenever a new Silver Bullet timeline is reached.
Settings
- Midnight Color/Style/Bold: Controls the visual appearance of the 12:00 AM daily open vertical line.
- 3AM Color/Style/Bold: Adjusts the markers for the 3:00 AM and 4:00 AM London session window.
- 10AM Color/Style/Bold: Adjusts the markers for the 10:00 AM and 11:00 AM AM session window.
- 2PM Color/Style/Bold: Adjusts the markers for the 2:00 PM and 3:00 PM PM session window.
FAQ
How do I use the Silver Bullet times for trading?
These times represent specific hours where liquidity is often hunted and setups frequently form according to ICT concepts. Use these lines as a confluence for your existing technical analysis.
Can I change the timezone?
The indicator is hardcoded to follow New York time (GMT-4), which is the standard for the Silver Bullet strategy.
How can I access ICT Silver Bullet Vertical Lines?
You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.
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