Silver Bullet ICT Strategy Indicator on TradingView - Free - [TradingFinder]

The Silver Bullet ICT Strategy Indicator is based on ICT-style concepts and designed to identify trading opportunities during the 10:00 – 11:00 AM New York time window.

Due to peak market volatility and liquidity during this time, the indicator provides clear entry signals by analyzing price behavior and identifying key zones.

Summary Table of the Silver Bullet ICT Strategy Indicator

The table below summarizes the specifications of this indicator:

Indicator in an Upward Trend

In the EUR/USD currency pair chart, the indicator highlights the order block zone with a green area when the price decreases. Subsequently, a fair value gap (FVG) forms in the same region.

The indicator issues a buy signal with this gap filled and sufficient market liquidity confirmed.

Indicator in a Downward Trend

The USD/JPY currency pair chart in the 1-minute timeframe shows that when the price creates a bearish order block and starts moving, a fair value gap (FVG) forms in its path.

After the price returns to the FVG zone, the indicator identifies the conditions and issues a sell signal. Reduced trading volume in key areas indicates buyer weakness and confirms selling pressure, strengthening the downward trend.

Indicator Settings

Detailed settings of the indicator are displayed in the chart below:

• Refine Order Block: Identifies order blocks;
• Mitigation Level OB: Select the order block level in the zone;
• FVG Filter: Filters fair value gaps;
• Mitigation Level FVG: Selects the fair value gap level in the zone;
• Bar Back Check: Checks candle retracement; default is 5;
• Demand Order Block: Displays demand order blocks in green;
• Supply Order Block: Displays supply order blocks in red;
• Demand FVG: Displays demand fair value gaps in blue;
• Supply FVG: Displays supply fair value gaps in red.;
• Show All CISD: Enables/disables CISD display;
• Show High CISD: Toggles the display of high CISD zones;
• Show Low CISD: Toggles the display of low CISD zones.

Conclusion

The Silver Bullet ICT Strategy Indicator is a useful tool for traders seeking to utilize market liquidity concepts and price patterns.

Its focus on identifying fair value gaps (FVGs) and analyzing price behavior during specific hours makes it an efficient choice for day traders.