Video summary
2023 ICT Mentorship - ICT Silver Bullet Time Based Trading Model
Main summary
Key takeaways
Main ideas / concepts / lessons
- Purpose of the video: Presents the creator’s ICT “Silver Bullet” time-based algorithmic trading model, intended to work across all asset classes.
- Core prerequisite: Before entries/exits, traders must be able to identify the next “draw on liquidity” (where price is most likely to go next).
- Why the model uses time windows: The setup is based on a repeatable 60-minute interval that forms every trading day, giving a rule-based framework for analysis.
- “Forgiving” entries/exits: The model is designed so you don’t need perfect entry or perfect exit every time; the key is capturing trades within a reasonable expected movement framework.
- Liquidity draw concept: Price is expected to expand toward pools such as:
- Buy-side liquidity (e.g., above prior highs where buy stops may sit)
- Sell-side liquidity (e.g., below prior lows where sell stops may sit)
Tick/Pip/point framework (minimum trade range)
The creator emphasizes minimum movement requirements to qualify a setup as viable (described as “framework,” i.e., the expected total move potential from the best-case price delivery range, not necessarily the exact realized entry-to-exit).
For index futures / indices
- Minimum framework:
- 10 points or 10 handles
- Equivalence stated: 10 points ≈ 4 ticks
- Another equivalence mentioned:
- 5 handles is treated as equivalent to 10 pips in Forex terms.
For Forex
- Minimum framework:
- 15 pips (minimum required framework)
- Equivalence guidance:
- 10 handles in indices ≈ 20 pips in Forex
- 5 handles in indices ≈ 10 pips in Forex
Practical implication of the framework
- If you cannot identify a potential range move at least to these minima (e.g., <15 pips in Forex), the trade is likely not high probability and should be skipped or replaced by another opportunity.
“Draw on liquidity” / target pool types (setup conditions)
The video lists multiple sources for draw-on-liquidity possibilities. Not all will appear daily; the trader’s job is to determine which one is most likely next given current price action.
Draw on liquidity can be:
- Previous day high / low
- If bullish: expect expansion toward buy-side liquidity above yesterday’s high.
- If bearish: expect expansion toward sell-side liquidity below yesterday’s low.
- London session highs/lows (used in relation to AM)
- Example: during the AM session in New York, look at the London session high/low and expect a potential run/retest into that liquidity.
- Previous week high / low
- Bullish: run above previous week high
- Bearish: run below previous week low
- Current or old weekly opening gap
- Treated as a draw/expansion target away from the gap (current or prior week opening gap).
- Inefficiencies / Fair Value Gap (FVG) variants
- The video argues FVG has become central (“took the throne”) versus a “flagship pattern” framing.
- Bullish case:
- Look for an inefficiency above current price action, potentially including:
- CIVI or sell-side imbalance (SSI)-type efficiencies
- Buy-side fair value gap formations above price
- Look for an inefficiency above current price action, potentially including:
- Bearish case:
- Look for an inefficiency below current price action, including:
- Discount buy-side / sell-side imbalance style conditions
- Fair value gap below current price action
- Look for an inefficiency below current price action, including:
- General rule stated: The list is intended to give latitude, but on any given day only some criteria will be present.
Time-based ICT Silver Bullet setups (methodology + time windows)
The model is explicitly time-based: each setup is linked to a specific 60-minute interval in New York local time (including daylight savings adjustment).
Global timing rule
- Chart times must be calibrated to New York local time, observing daylight savings where relevant.
Setup 1: “London Open” Silver Bullet
Time window
- 3:00 a.m. – 4:00 a.m. New York local time
Entry/formation logic (as described)
- Look for a classic ICT fair value gap forming between 3:00 and 4:00.
- Determine the direction by the expected next draw on liquidity:
- Example described: market bearish with sell-side liquidity below an old swing low.
- The video describes a market structure shift below the low, supporting the idea that price is willing to move into the bearish liquidity pool.
- Optimal Trade Entry concept:
- Entry is taken inside the 60-minute window (3–4 a.m.).
- Trade holding period may extend beyond that window.
Expected range (“framework”) mentioned
- For the example:
- Shorting into the FVG should reasonably offer at least 5 handles (and potentially 10 handles).
- Stop/precision rules concept: A pump above the gap near 4:00 is described as not violating the rules (suggesting the setup tolerates some noise, and entry-to-target logic is more important than perfect precision).
Holding guidance
- Entry derived from the 3–4 a.m. window, but:
- Trade may be held into 4–5 a.m.
- In some cases could roll into New York session opening (7–8 a.m.)
Setup 2: “AM Session” Silver Bullet
Time window
- 10:00 a.m. – 11:00 a.m. New York local time
Entry/formation logic (as described)
- Conditions emphasized:
- Market becomes bearish with relative equal lows
- Sell-side liquidity resting below
- Bearish fair value gap
- After the bearish FVG forms:
- Price trades up into the FVG during 10:00–11:00, creating a sell-short opportunity.
Expected range (“framework”) mentioned
- Example evaluation:
- The depicted move offers at least 10 handles as potential framework.
- Important clarification:
- It does not mean you must actively target 10 handles.
- Minimum framework is about whether the setup could produce the required range.
- Trade management idea:
- Even though the entry is identified within 10–11, trades may still be held longer than that hour.
Profit-capture logic implied
- The example suggests you could collect ~5 handles within the broader context, even if the full 10-handle potential doesn’t play out.
Setup 3: “PM Session” Silver Bullet
Time window
- 2:00 p.m. – 3:00 p.m. New York local time
Entry/formation logic (as described)
- The market:
- Moves down into a 15-minute discount fair value gap
- Then shifts higher
- Breaks a higher-timeframe swing to the upside (market structure shift)
- Retracements:
- If price returns back down toward the efficiency/FVG area,
- Watch for fair value gap respect (bodies staying inside; wicks may “do the damage”).
- A secondary/lower-timeframe pattern described:
- Around 2:00, a small fair value gap forms.
- The optimal trade entry is taken when that first FVG forms and reprices between 2:00 and 3:00.
Expected range (“framework”) mentioned
- The example claims:
- From entry up to the target inefficiency/premium area provides 10+ handles (specifically 12 or more mentioned).
- The trade targets:
- Run into inefficiency in the premium
- Buy-side liquidity takeout (relative equal highs / liquidity above)
Closing thoughts / guidance for learners
- Backtesting required: If new, the creator says you don’t have enough information to trade immediately—you must backtest and learn how to identify:
- Repricing/price action behavior
- The next draw on liquidity
- Not “cherry-picked” claim: The creator states these setups occur frequently because they were traded in real time (including calls via Twitter), but they dislike viewers treating signals as automatic trade triggers.
- Consistency goal: The benefit is a repeating 60-minute window each day, meaning one of these setups should form regularly.
- Market specialization advice:
- Ideally trade only 1 market (or at most 1–2; maybe 3 if “deviant”).
- Reason: each chosen market should repeatedly produce these setups daily.
- Independence message: The creator encourages students to rely on their own analysis over time rather than needing to return to other models/channels.
Key idea: The model’s framework relies on repeated timing plus liquidity targeting; your job is to recognize whether the next draw on liquidity and minimum movement potential are present.
Speakers / sources featured
- Speaker / source: The YouTube creator/mentor (unnamed in the subtitles) presenting the ICT Silver Bullet Time Based Trading Model.
- Third parties mentioned (but not as speakers):
- TradingView (used for a messaging system; not a speaker)
- Twitter/X (platform where the creator claims to post or call setups; not a speaker)
- Named individual (referenced indirectly):
- Cameron (referred to as “my son Cameron”; not speaking)
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