ICT Judas + Silver Bullet

The ICT Judas + Silver Bullet indicator is a comprehensive tool designed to identify institutional trading setups based on Inner Circle Trader (ICT) and Smart Money Concepts (SMC). It aims to automate the detection of manipulation phases and high-probability entry windows, specifically the Judas Swing during the London session and the Silver Bullet setup during the New York session.

Usage

The indicator can be used to navigate specific intraday trading windows by highlighting structural shifts and liquidity movements.

• Asian Range: The script automatically plots the high and low of the Asian session (02:00–08:00 SGT), which serves as a benchmark for subsequent manipulation.
• Judas Swing: This setup is typically looked for during the London Killzone. A sell signal is triggered when the market sweeps liquidity above the Asian high, indicating a potential bull trap before a reversal.
• Silver Bullet: This setup is tracked during the New York Killzone. A buy signal is generated when the market sweeps liquidity below recent lows, aligning with institutional accumulation.
• FVG Detection: Fair Value Gaps are highlighted on the chart to identify areas of price imbalance that often act as magnets or support/resistance for entries.
• Trade Visualization: When a signal occurs, the indicator can display an entry point, stop loss, and take profit level based on the user-defined risk-to-reward ratio and pip distance.

Details

The script implements several core SMC concepts to provide a systematic approach to intraday trading:

• Killzone Logic: It uses time-based filters for London and New York sessions to ensure setups are only identified during high-volume periods.
• Liquidity Sweeps: The tool monitors the highest high and lowest low of the last 20 bars. A "sweep" is detected when price briefly exceeds these levels, suggesting institutional "stop hunting" or liquidity grabbing.
• Timezone Consistency: By default, the script uses SGT (GMT+8). Users should ensure their TradingView chart timezone matches or adjust the session inputs to reflect their local time or DST changes.

Settings

Session Times

• Asian Session Start/End: Defines the time range for the Asian range calculation.
• London Killzone Start/End: Sets the window for Judas Swing detection.
• NY Killzone Start/End: Sets the window for Silver Bullet detection.

Visuals

• Show Killzone Lines: Toggles the vertical dotted lines and shaded boxes for trading sessions.
• Show FVGs: Enables or disables the highlighting of Fair Value Gaps.
• Show Buy/Sell Direction: Displays directional arrows for Judas and Silver Bullet signals.

Risk Management

• Show RR: Toggles the visualization of the entry, stop loss, and take profit lines.
• Risk/Reward: Sets the target multiplier relative to the stop loss.
• Stop Loss (Pips): Defines the fixed pip distance used to calculate the stop loss level from the entry.

FAQ

How do I access ICT Judas + Silver Bullet?

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

Which timeframes are best for this indicator?

The indicator is optimized for the 5-minute (M5) chart, as this is the standard timeframe for identifying ICT-style intraday setups like the Silver Bullet.

Why are the signals not appearing at the correct time?

The default session times are set to SGT (GMT+8). If your chart is set to a different timezone (like UTC or EST), you will need to adjust the Session Start/End inputs in the settings to align with your local time.