Silver Bullet ICT indicator download for MetaTrader 5 - Free

The Silver Bullet ICT indicator is one of the advanced MetaTrader 5 indicators that originally checked high and low prices during the New York trading session and identifies key zones based on ICT concepts .

The indicator identifies an Order Block near the CISD level when the price reaches a support or resistance level and later returns to the previous range with liquidity absorption . If present, the indicator signals a trade entry Fair Value Gap (FVG) in this area.

Silver Bullet ICT Metrics Table

The table below summarizes the specifications of the Silver Bullet ICT indicators.

Indicators at a glance

The Silver Bullet indicator is set on three key time frames based on New York local time , during which market liquidity increases , providing more trading opportunities :

• London Open Silver Bullet : When London markets open, 03:00 to 04:00
• Morning session silver bullet : between 10:00 a.m. and 11:00 a.m., consistent with increased market activity in New York
• Afternoon session silver bullet : between 2:00 and 3:00 p.m., overlapping with New York session and European market closing time

Indicators are in an upward trend

In the CAD/CHF 1 minute chart , price returned to the price channel after breaking out of the support zone and absorbing liquidity .

After forming the CISD pattern and absorbing liquidity from the order block area , the indicator provides a trade entry signal by displaying a green arrow .

Indicators are in a downward trend

The USD/CAD 1 minute chart shows that after breaking out of the resistance zone, the price returned to its range by absorbing liquidity.

Subsequently, when the price reaches the FVG zone along with a Change in Price on Delivery (CISD), the indicator emits a trade entry signal via a red arrow .

Silver Bullet ICT Indicator Settings

The details of the Silver Bullet indicator settings are shown in full in the image below:

• Time1Bool : Activation time range 1
• Time Range 1 New York local time : Time Range 1 in New York time
• Time2Bool : Activation time range 2
• Time Range 2 New York local time : Time range 2 of New York time
• Time3Bool : Activation time range 3
• Time Range 3 New York local time : New York time Time Range 3
• Warning: For backtesting GMT only Minus Server : Setting up backtesting trades using GMT
• Zigzag level 1 calculation type : Zigzag level 1 calculation type
• Zigzag Level 1 Trend Display : Displays Zigzag Level 1 Trend
• Show CISD in range : Show CISD in range
• Show ChoCH in range : Show ChoCH in range
• SameColor : Same color
• OppositColor : Opposite color
• SupportZone : Support zone
• ResistanceZone : Resistance zone
• RangeColor : Range color
• Trend1Color : Trend 1 color
• Trend2Color : Trend 2 color

Conclusion

The Silver Bullet ICT indicator is one of the signals and forecast indicators for MetaTrader 5 . This indicator analyzes market liquidity, false breakouts and key areas based on ICT concepts to help traders evaluate price movements more accurately.

This tool is specifically designed for scalpers and performs best on 1 minute, 5 minute and 15 minute timeframes .