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ICT Silver Bullet strategy

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ICT Silver Bullet strategy

  #1 (permalink)
Jonesboro AR
Experience: Intermediate
Platform: TOS, NinjaTrader 8
Trading: ES mini
Posts: 42 since Jul 2022
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Is anyone using the ICT Silver Bullet strategy? Specifically the AM and PM session. I am not available for the London one. I have tried it for a few weeks on the ES. Seems to work good. Wondered if anyone has been using for longer. Or have any tips/advice to add.

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  #2 (permalink)
Phoenix, AZ
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I just saw the video on it and it looks interesting. I was thinking of attempting to code a strategy that deploys it's ideas yet seems there's too much subjectivity to do so.

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  #3 (permalink)
New York New york
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did you create the strategy on ICT silver bullet?

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  #4 (permalink)
Phoenix, AZ
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So far I've built some indicators around it with the intention of creating variables that provide conditions. Would you like to help me to figure it out? I can send you what I have so far. I took the SB Short on ES this morning and made out pretty good. I'm in AZ and the AM session is hard for me to attend with 2 kids so I want to have indicators to send alerts when the London H/L, Prior Day's H/L, Prior Week H/L, and larger timeframe FVG's are reached. I also have a Swing Levels indicator that can show Breaks of Structure and displacements on 2 different swing strength parameters. I'm willing to bet this could be automated or at least set up to send alerts so we can use the SB strategy on multiple instruments.

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  #5 (permalink)
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  #6 (permalink)
duke oofington
Atlantic City, New Jersey
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@Analytic this was a cathartic watch. Hes been saying the same things I have, except smarter

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  #7 (permalink)
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 Small Dog 
Sydney NSW Australia
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Analytic View Post

I am not a proponent of ICT, however, this video is not a good "debunk" of the strategy. I don't trade it, but as far as I know there are many small rules, not only swing of daily lows or highs and fair value gap. There is a daily bias (monthly and weekly as well), order blocks, various concepts of liquidity etc. Even leaving that aside, what data did this guy test the strategy on?

There are plenty of other wrongs, but I am going to spare my time. A good attempt of debunking this strategy would include, as in a good scientific publication, the discussion of "why I may be wrong about it". At the end of the day this video is the guy's marketing pitch: look how bad this stuff is, come trade with me instead.

The other day I was looking at the fair value gap on various time frames. I haven't tested it to any extent, but from the first glance it looks like a potential entry signal. If anything, it is a momentum sign, indicating the strength of a move.

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Last Updated on October 15, 2023

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