Introduction to ICT Silver Bullet Expert Advisor
In the world of algorithmic trading, one name that has caught the eyes of many is the ICT Silver Bullet Expert Advisor. With a 4.29 rating, mixed user reviews, and a mysterious aura around its source code, our team decided to dig deeper into its performance and functionality. Let's take a stroll into the intricate world of this trading robot to understand how it ticks and potentially, how it makes ticks.Installation and Configuration
Installation of the ICT Silver Bullet Expert Advisor, like any other MQL5 EA, is relatively straightforward. You need to download the EA from the MQL5 website and add it to the Experts folder in your MT4/MT5 terminal. Restart your terminal, and voila, the EA should be ready for action.Configuration, however, is a different beast. You must understand that each trading environment presents unique challenges, and a one-size-fits-all setting simply won't do. Analyze your market conditions, leverage, risk appetite, and then tweak the EA parameters accordingly.
A word of advice from us: Don't be swayed by the 'amazing results' that some users are raving about. Test it on your demo account extensively until you come up with the settings that work best for your trading style and risk tolerance.
Experience in Using
The Silver Bullet EA is a potent tool when handled correctly. Its performance depends on a series of variables, including market conditions, broker's server speed, and your fine-tuning. One user, 'tabber,' claimed to see good backtesting performance across 'all 3 SB sessions and higher timeframe charts.' But remember, backtesting is simply a simulation of past market conditions. The real test is forward testing.Tips for Improvement
While the ratings are not bad overall, and the user 'admilsonborges' might just be an exception, there are still areas of improvement. To answer SamJr. Bodden's question, setting up the 'silver bullet kill z' according to FTMO server time is a matter of adjusting the 'StartHour' and 'EndHour' parameters. For maximum effectiveness, consider adjusting these settings according to the server time of FTMO, or any other broker you're using.Source Code of ICT Silver Bullet Expert Advisor
Now, we don't have the actual source code of the original EA sold on MQL5, so temper your expectations. What we have, dear traders, is a sample code based on the EA's description on MQL5. It's a bit like playing a cover of a famous song; it's not the original, but it could be just as enjoyable, especially for the coders among us. To clarify further, EASY Trading Team didn't create the original ICT Silver Bullet Expert Advisor, but a trading robot based on its description sold on MQL5. If you have questions about the code, feel free to ask away. We’re here to help.
Code:
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Visit this https://forexroboteasy.com/trading-robot/ict-silver-bullet-expert-advisor/ link to get the ICT Silver Bullet EA. However, be warned, this is not a shortcut to riches. It needs careful handling, proper settings, and, more importantly, realistic expectations. Dive in by all means, but don’t forget to wear your life jacket metaphorically - or your demo account, in this case.This piece of advice, built from years of trading and coding experience, serves as your guide to the ICT Silver Bullet Expert Advisor. Remember, in trading, the silver bullet doesn't exist, but tools that can help you make informed decisions do. Use them wisely. The original EA is sold on MQL5.com. The code we provide is a creation from EASY Trading Team, based on the EA's description. Happy trading, and remember – stay skeptical.