What is ICT Silver Bullet Strategy? Time, Rules and Wind Rate
The ICT Silver Bullet is a time-based trading strategy developed by the Inner Circle Trader that aims to catch profitable trade entries during specific one-hour time windows each day. It focuses on identifying Smart Money Concepts like liquidity and fair value gaps to find high-probability trade setups.
The strategy works by targeting price movements during three specific hours when different financial markets open. These strategic time windows often feature increased market activity and potential structure shifts.
What are the Key Times for the ICT Silver Bullet Strategy?
The ICT Silver Bullet strategy operates during three specific one-hour windows:
- London Open: 3:00 AM to 4:00 AM (New York time/EST)
- New York AM Session: 10:00 AM to 11:00 AM (EST)
- New York PM Session: 2:00 PM to 3:00 PM (EST)
These times represent periods of increased market activity when institutional traders are most active, creating optimal conditions for the strategy.
What Time Frames are Best for the ICT Silver Bullet?
The best timeframes for the ICT Silver Bullet Strategy are:
- 5-minute timeframe – Recommended for beginners
- 3-minute timeframe – For intermediate traders
- 1-minute timeframe – For advanced traders
Since the strategy operates within one-hour windows, timeframes lower than 15 minutes work best. Higher timeframes like the 15-minute, 1-hour, or 4-hour charts are used only to determine overall market direction before entering trades on lower timeframes.
Silver Bullet Trading Strategy With Example and Charts
Checklists of the Silver Bullet Strategy
- Trade only during the three specified time windows
- Check higher timeframes for market direction
- Mark key liquidity areas before trading
- Wait for fair value gaps in trend direction
- Place entry at the edge of the fair value gap
- Set stop loss below/above the first FVG candle
- Target a minimum of 15 pips for forex pairs
- Aim for at least a 1:2 risk-reward ratio
- Trade major pairs with low spreads
Trading Strategy With Example
What are the best forex pairs for the ICT Silver Bullet?
Major pairs like EUR/USD, GBP/USD, and USD/JPY work best due to their high liquidity and typically lower spreads. The strategy requires low-spread instruments for optimal performance.
Can I use the ICT Silver Bullet on cryptocurrency?
While possible, the strategy works best on traditional forex and index markets with predictable liquidity patterns. Cryptocurrency markets may not follow the same institutional patterns that make this strategy effective.
Do I need special indicators for this strategy?
No special indicators are required. The ICT Silver Bullet relies primarily on price action, time-based entries, and identifying fair value gaps and liquidity areas on clean chart.
