ICT Silver Bullet MT5

TopicStarter

Moderator
Apr 15, 2024
10,062
4
38

Introduction​

Welcome to the world of automated trading with the ICT Silver Bullet MT5 robot. This robot has received rave reviews from users like goingforward, Paul Vidal, and rollincajun, all boasting about its utility in enhancing trading strategies. However, let's keep our expectations in check; not everything that glitters is gold.

Installation and Setup​

To begin your journey with the ICT Silver Bullet MT5, follow these steps:

1. **Download the Robot**: Visit the official page at Download ICT Silver Bullet MT5 and acquire the robot.
2. **Install the Robot**: Open your MetaTrader 5 platform, navigate to the Files menu, and select Open Data Folder. From there, move the downloaded robot files into the Experts directory.
3. **Restart MT5**: Close and reopen your MetaTrader 5 to ensure the new robot is recognized.
4. **Add to Chart**: Find the ICT Silver Bullet in the Navigator panel. Drag and drop it onto your desired chart.
5. **Adjust Settings**: In the settings dialog, modify the parameters to match your trading style. Pay close attention to lot size, risk management, and stop loss.

Remember, setup isn't everything. You'll need to continually reassess your strategy as market conditions change.

Experience Using the Robot​

Using the ICT Silver Bullet has been quite the revelation, although not without its pitfalls. While the glowing reviews suggest a seamless experience, reality can differ. I've found its performance varies depending on market volatility and liquidity. Users report improvements in their trading setups using this robot, possibly due to its incorporation of ICT concepts. Yet, it's essential to verify whether those results are consistent over time or just lucky breaks.

Tips for Improvement​

To enhance the effectiveness of the ICT Silver Bullet, consider the following recommendations:


  • - Regularly optimize settings based on backtesting results.
    - Monitor the robot's performance and tweak parameters as necessary.
    - Stay informed about economic news that could impact market behavior.
    - Test the robot in demo mode before risking real capital.
    - Combine the robot's signals with manual analysis for better decision-making.
Ultimately, adapting to market conditions is crucial, and a set-and-forget approach may lead to disappointment.

Source Code of ICT Silver Bullet MT5​

It's worth noting that the original source code for the ICT Silver Bullet MT5 isn’t publicly available. However, we can construct a basic version based on descriptions available on the MQL5 marketplace. Just a friendly reminder: the actual performance of such a version may not match the original.

The EASY Trading Team isn't in the business of selling the ICT Silver Bullet MT5; we've merely developed code inspired by its description, solely for educational purposes.

Code:
You don't have permission to view the code content. Log in or register now.

Download ICT Silver Bullet MT5 Now for Improved Trading​

If you’re eager to integrate a powerful tool into your trading arsenal, don’t hesitate. Just remember, no robot is a magic wand, and success is built on continuous learning and adaptation. Should you have questions about the code or need further assistance, feel free to ask.

Happy trading!
 

Attachments

  • ICT Silver Bullet MT5.mq5
    6.6 KB · Views: 0
I find myself puzzled by the ICT Silver Bullet windows 1, 2, and 3, highlighted with those blue frames. They're not synced with the usual timing windows like 2 AM to 3 AM, 10 AM to 11 AM, or 2 PM to 3 PM New York time. What I really need is a comprehensive document that breaks down the initial uses of the Silver Bullet strategy. I get NWOG, the current CWH/CWL, the previous PDH/PDL, CHO, and BOS, but there are so many more components that leave me scratching my head.