PROTECTED SOURCE SCRIPT

ICT Silver Bullet (JadeCap)

120
This strategy backtests the "ICT Silver Bullet Strategy" by JadeCap.

Strategy Description:
This strategy backtests the "ICT Silver Bullet" concept as interpreted by JadeCap. It focuses on plotting the Asia, London, and 9 AM EST highs and lows, and looks for entries during the Silver Bullet hours: 10–11 AM EST and 2–3 PM EST.

Using a 5-minute chart, the strategy waits for a Fair Value Gap (FVG) to form during a Silver Bullet session. A limit order is placed at the FVG if at least one of the specified highs or lows has been raided (liquidity taken).

Caveats:
  1. It is unclear what should happen if both the highs and lows of any range are taken. This script offers three selectable behaviors to handle this case.
  2. It’s unclear whether both AM and PM sessions should always be traded. This strategy allows you to:
  3. Limit the number of daily wins (e.g. skip PM if AM is successful)
  4. Choose to trade only AM, only PM, or both


Customizable Strategy Options (find these in the settings):
Minimum FVG Ticks
Max Daily Wins
Stop loss at candle 1 [Body or Wick]
Trading sessions [AM & PM, AM, PM]
Multiple raids [use 1st FVG, trade most recent raid, do not trade]
Close Trade Time

Source: youtube.com/watch?v=_EQFJ_TLV58

As always, please let me know if I missed something or an improvement can be made.

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