ICT NY Kill Zone Auto Trading

The ICT NY Kill Zone Auto Trading indicator is an automated trading tool designed to capitalize on institutional price movements during the New York session using core Inner Circle Trader (ICT) concepts. It integrates time-based filtering with the detection of Fair Value Gaps (FVGs) and Order Blocks (OBs) to identify high-probability trade setups specifically on the 5-minute timeframe.

Usage

The strategy is primarily used to automate entries and exits during the high-volatility New York session.

• Long Positions: The tool automatically enters a long trade when a Bullish Order Block forms within the New York Kill Zone and aligns with a detected Fair Value Gap.
• Short Positions: The tool enters a short trade when a Bearish Order Block is identified within the Kill Zone alongside an FVG imbalance.
• Risk Management: Every trade is managed by a pre-defined exit logic, featuring a 30-pip stop loss and a 60-pip take profit, aiming for a consistent 2:1 risk-to-reward ratio.
• Visual Guidance: The New York Kill Zone is highlighted with a blue background on the chart, allowing users to visually track the active trading window.

Details

The script executes logic based on several key ICT pillars:

• Time Filter: Operations are restricted to the 9:30 AM – 11:00 AM NY time window (the New York Open Kill Zone), where institutional liquidity often creates significant moves.
• Fair Value Gaps (FVGs): The script identifies three-candle imbalances where price action leaves a gap, signaling a potential return to liquidity.
• Order Blocks (OBs): The strategy looks for specific candle patterns that suggest the presence of institutional buying or selling pressure.
• Execution Constraints: The script is hard-coded to operate exclusively on the 5-minute timeframe; if applied to other intervals, the strategy logic will automatically close positions to ensure data integrity.

Settings

• Stop Loss Pips: Sets the fixed distance for the stop loss in pips (Default: 30).
• Take Profit Pips: Sets the fixed distance for the take profit target in pips (Default: 60).
• Position Sizing: The strategy defaults to using 100% of equity for backtesting purposes.

FAQ

How do I use this indicator?

Apply the script to a 5-minute GBP/USD chart. The strategy will automatically highlight the New York Kill Zone and execute trades based on the confluence of Order Blocks and Fair Value Gaps.

Can I use this on any timeframe?

No, the script is specifically optimized and coded for the 5-minute chart. Using it on other timeframes may lead to suboptimal performance or automated trade closures.

How can I access ICT NY Kill Zone Auto Trading?

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