ICT Silver Bullet Sessions

The ICT Silver Bullet Sessions indicator provides a comprehensive toolkit for visualizing Inner Circle Trader (ICT) concepts, including specific killzones, session pivots, and significant opening prices. It serves as a visual guide for traders looking to identify high-probability trading windows and key institutional reference points across different global market sessions.

Usage

This tool can be used to monitor specific intraday time windows known as "Killzones" and "Silver Bullet" sessions. Traders typically look for liquidity sweeps or market structure shifts within these highlighted boxes.

• Killzones: Automatically draws boxes for Asia, London, NY AM, NY Lunch, and NY PM sessions. These boxes help identify where price action is likely to be most volatile.
• Pivots: Marks the high and low of each session. These act as significant support and resistance levels for subsequent sessions.
• Opening Prices: Displays key opening levels such as Daily, Weekly, and Monthly opens (DWM), as well as specific "True Day Open" times.
• Drawing Cutoff: Users can enable a cutoff time (e.g., 12:00 PM) where all session high/low extensions stop, cleaning up the chart for the afternoon session.

Details

The script implementation focuses on precision by allowing users to set a specific GMT offset, ensuring timings align with the ICT methodology regardless of the user's local time. It calculates session highs and lows dynamically and projects them as horizontal "pivot" lines. The "Unlimited" separator feature for DWM opens allows users to see long-term structural starts without being restricted by the standard drawing limit.

Settings

General Settings

• Session Drawing Limit: Controls how many historical days of drawings remain on the chart.
• Timeframe Limit: Disables the indicator on higher timeframes to maintain chart clarity.
• Timezone: Sets the GMT offset for all session calculations.
• Drawing Cutoff Time: When active, horizontal high/low lines will stop at the specified time.

Killzones

• Show Killzone Boxes: Enables/disables the background shading for sessions.
• Session Inputs: Define the specific start and end times, labels, and colors for the five main sessions (Asia, London, NY AM, NY Lunch, NY PM).

Killzone Pivots

• Show Pivots/Labels: Toggles the horizontal lines and text labels for session highs and lows.
• Alerts: Enables alert triggers when price interacts with specific session pivots.

DWM Open & Opening Price

• D/W/M Open: Toggles the display of Daily, Weekly, and Monthly opening price lines.
• Opening Price Hours: Allows for custom horizontal lines at specific times, such as the 00:00 "True Day Open" or other institutional reset times.

Timestamps

• Vertical Lines: Draws vertical lines at specific times (e.g., Midnight, 08:00, 12:00) to help categorize different phases of the trading day.

FAQ

How do I access ICT Silver Bullet Sessions?

You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.

Can I change the session times?

Yes, all session times are fully customizable in the "Killzones" and "Opening Price" sections of the settings menu to accommodate different trading styles or seasonal shifts.

Why are the boxes not showing on my daily chart?

The indicator includes a "Timeframe Limit" setting. If your current chart timeframe is higher than the limit (default is 30m), the drawings will be hidden to prevent clutter.