Silver Bullet ICT [Grok Team Pro] — Strategy by jnzu0937
By jnzu0937
Performance Metrics
- Author: jnzu0937
- Symbol: CME_MINI:MNQ1!
- Timeframe: 5 minutes
- Net P&L: +5,337.50 USD (+213.50%)
- Win Rate: 81.3%
- Profit Factor: 8.878
- Max Drawdown: 4,822.50 USD (104.21%)
- Total Trades: 16
Description
This Silver Bullet ICT [Grok Team Pro] script is a professional-grade strategy that combines the Silver Bullet time window from the core ICT theory with the automation of Fair Value Gap (FVG). Below is a detailed breakdown of the code logic: 1. Core Parameter Settings (Inputs): This part defines the "soul" of the strategy, allowing users to adjust risk and filtering conditions without modifying the code. Risk Management: riskPerTrade: Sets a fixed amount to be lost on each trade (e.g., $100). slPoints: Stop-loss points. This determines the allowable reverse fluctuation distance after entry. rr: Risk/Profit Ratio. The default of 2.0 means the target is to earn twice the stop-loss amount. Trend Filtering: Uses the 200 EMA as the bull/bear dividing line. According to ICT logic, it only looks for long opportunities in strong bullish trends, which can significantly improve the win rate. Time Window (EST): Strictly lock in three prime time slots in New York: 3 AM (London opening), 10 AM (New York morning session), and 2 PM (New York afternoon session). 2. ICT FVG and OTE Logic: This is the core technical detection part of the strategy: FVG Detection: Bullish FVG: The low of the current candlestick is higher than the high of the previous day's candlestick (creating a gap). Bearish FVG: The high of the current candlestick is lower than the low of the previous day's candlestick. OTE (Optimal Trade Entry) Definition: The program defines the median of FVG as otePrice (i.e., $(high + low) / 2$). Invalidation Mechanism: If the price closes above the FVG boundary, the signal is considered invalid, preventing forced entry during trend reversals. 3. Entry Execution: This section demonstrates the strategy's "rigor": Position sizing: The program automatically calculates the number of lots (posSize) to buy based on your set $100 risk level. If the stop-loss is wide, the lot size will automatically decrease; if the stop-loss is narrow, the lot size will increase, ensuring constant risk. Entry Trigger Conditions: The following conditions must be met simultaneously: Within the time window (e.g., 10:00 - 10:59). A valid FVG exists. Price retracement to OTE: Entry is triggered when the price touches the midline of the FVG. Trend conforms to EMA: Only go long if the price is above the 200 EMA, and only go short if it is below.