ICT Silver Bullet
By LuxAlgoJul 4, 2023
ICT Silver Bullet is an indicator on Vela, our next-generation charting platform, written in Pine Script®.
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ICT Silver Bullet puts the Silver Bullet hour on the chart: three one-hour windows in New York time, namely London Open (3–4 AM), the AM session (10–11 AM) and the PM session (2–3 PM), during which a fair value gap (FVG) can set up the trade. When a window closes, the indicator projects potential support and resistance lines from what formed inside it, while a Minimum Trade Framework (mTFW) gauges expectations (40 ticks on futures and indices, 15 pips on forex pairs) rather than dictating entries and exits.
How to Trade the ICT Silver Bullet?
- Bullish setup: an FVG identified and tested inside the window can precede a move higher targeting liquidity.
- Bearish setup: the mirror case. A tested bearish FVG within the hour frames shorts toward downside objectives.
- Post-session S/R lines: projected levels stay predictive until price touches them; in strict modes, only lines matching the trend direction are shown.
- Untested gaps vanish: an FVG left untested when its session ends is removed from display, enforcing setup quality automatically.
Best results come below the 15-minute timeframe, with the 3-minute chart a popular choice.
ICT Silver Bullet Settings
- Swing settings: a single pivot length (default 5) that builds the ZigZag behind the trend-direction read.
- FVG display mode: from All FVG through trend-aligned filtering to Strict and Super-Strict, ICT's favored mode, requiring no break against the gap plus specific closing conditions.
- Support/Resistance targets: base projected lines on any previous session or only on the prior session of the same type, with color options.
- Keep lines: a strict-mode option that preserves older S/R lines when a new session begins.
Frequently Asked Questions
Free to use
Run it on Vela. Go further with a paid plan.
- Up to 500 Custom Alerts, with webhook automation
- Up to 10× the chart history of Free
- Orderflow lookback up to full history
- More Quant usage to customize it, plus extra usage when you need it
- Futures data alongside crypto, stocks, forex and commodities
Also works on
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Run it on Vela. Make it yours with Quant.
Open this indicator free on Vela, our next-generation charting platform. Then ask Quant, our coding agent built into Vela, to retune it or turn it into a backtested strategy of your own.



