Silver Bullet ICT Strategy 10-11 AM NY Time +FVG

The Silver Bullet ICT Strategy indicator is a specialized trading tool designed to identify high-probability trade setups based on time-based algorithmic principles and liquidity shifts. It primarily focuses on the New York AM Session window (10:00 AM to 11:00 AM) to capture short-term intraday opportunities using Fair Value Gaps (FVG) and Market Structure Shifts.

Usage

The indicator tracks market dynamics within specific liquidity windows. It automatically identifies the session high and low as reference points for potential liquidity grabs.

Bullish Setup

A bullish setup is identified when the price maneuvers below the session low to grab liquidity. Following this, the script looks for a break of the CISD (Change in State of Delivery) Level, signaling a market structure shift. The indicator then highlights:

• Order Blocks: Zones of concentrated institutional buying near the CISD level.
• Fair Value Gaps (FVG): Areas of price imbalance that serve as high-probability entry points for long positions.

Bearish Setup

In a bearish scenario, the price creates a false breakout above the session high. Once the price reverses and breaches the CISD Level to the downside, a change of character is confirmed. The script identifies:

• Supply Order Blocks: Origin points for institutional sell orders.
• Bearish FVGs: Imbalance zones likely to be revisited before a downward continuation.

Details

The strategy is rooted in ICT (Inner Circle Trader) methodology, aiming to align retail traders with "smart money" movements. It focuses on the 10:00-11:00 AM NY time slot, which is known for significant volatility and institutional repositioning. The script utilizes custom libraries for Order Block refinement and FVG detection to provide cleaner visuals and more precise zone identification.

Settings

Order Blocks Logical Setting

• Refine Order Block: Enables or disables finer adjustments for more accurate price response zones.
• Refine Mode: Choose between 'Defensive' or 'Aggressive' refinement logic.
• Mitigation Level OB: Sets the specific reaction point within a block (Proximal, 50% Mean Threshold, or Distal).

FVG Logical Setting

• FVG Filter: Toggle to filter Fair Value Gaps based on their width.
• FVG Filter Type: Ranges from 'Very Aggressive' to 'Very Defensive'; higher defensiveness focuses on narrower, more significant gaps.
• Mitigation Level FVG: Sets the price reaction level for gaps (Proximal, 50%, or Distal).

CISD & Display Settings

• Bar Back Check: Specifies the number of past candles used to calculate the CISD Level accuracy.
• Display Toggles: Individual settings to show/hide Demand/Supply Order Blocks, FVGs, and CISD labels with customizable colors.

FAQ

How do I interpret the CISD levels? The CISD (Change in State of Delivery) level acts as a confirmation of intent. A candle closing past this level often indicates a shift in market structure, signaling that the initial liquidity grab is complete and a new trend is forming.

What timeframes are best for this strategy? While the strategy is time-based (NY AM session), it is most effective on lower timeframes such as the 1-minute, 5-minute, or 15-minute charts to catch precise entries.

How can I access the Silver Bullet ICT Strategy? You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.