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Filtering Fair Value Gaps by ICT Silver Bullet Trading Windows

Article MQL5 code base

Summary

This description outlines an indicator concept based on the ICT Silver Bullet approach. It proposes restricting fair value gap detection to selected morning or afternoon macroeconomic trading windows, on the premise that time alignment can help distinguish active market periods from quieter sessions. The tool is described as handling broker-time offsets automatically, marking those windows, and projecting gaps that form within them. It is intended for use on lower chart timeframes such as five- or fifteen-minute bars.

The claimed benefit is a narrower set of potential execution zones, with fewer signals from inactive periods. However, the document gives no exact session definitions, market or instrument scope, entry and exit rules, or empirical results. It also provides no method for testing whether the filtered gaps predict outcomes or outperform unfiltered signals. Treat the description as an indicator proposal and verify time-zone handling and the trading hypothesis against relevant data before relying on it.

Key ideas

  • The indicator limits fair value gap signals to specified morning or afternoon trading windows.
  • It is based on the idea that time alignment may help filter signals from quiet sessions.
  • The description says the tool adjusts for broker-time offsets and targets lower chart timeframes.
  • It gives no precise window definitions, trading rules, or performance evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.