Forex Strategies
Here I'm showing you my full ICT strategy from start to finish that gets a whopping 90% win rate! That's even better than the ICT silver bullet itself.
The ICT silver bullet setup has been getting a lot of attention lately and for good reasons. Those specific time windows are something that I've incorporated into my day trading plan since.
Marking up charts
- Mark the Midnight Hour at New York time for every single day in a 1H timeframe.
- Separate the days into Trading Sessions:
- New York: 8:00 am
- New York: 1:00 pm
- Tokyo: 7:00 pm
- Mark the High & Low of each session in blue in a 15M timeframe.
- Mark the New Week Opening Gap and the Previous Week Opening Gap. in the 1M t imeframe in purple.
- Mark the 15M FVGs untagged.
The High & Low will become the Liquidity Untapped.
Tag the raided liquidity levels with red colour.
My checklist/trading plan
Use the 5M timeframe to pick the entries.
- Identify Liquidity zones of London session's High or Low or NY am.
- Identify Premium & Discount zones from those previous Highs and Lows.
- Avoid and/or clear high-impact news events.
- Identify Liquidity grab, blue line then mark out the BOS required for a valid reversal.
- Identify the BOS + Displacement with FVG on 5M timeframe.
- Look for 5M FVG to show support for the next candles.
- Check to make sure this FVG it is building up on a previously opposing FVG (inversion).
- Pre-fill the trade's SL @ 1:2 RR minimum potential. Enter values in a trade manager.
- Enter limit or market order when the target is hit.
- SL should be clear of the previous swing high or low since there is no reason for the algo to back there if the liquidity has been grabbed.
- Tart TP@ 1:2 minimum, Start paying yourself at 50% Fibo or opposing liquidity. No breakeven before 2R.
https://www.youtube.com/watch?v=vfRjJheqgVw
ICT Silver Bullet AM
Testing results
Win rate does not equal profit
ICT Silver Bullet PM
Recap
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