Contact person: Business Client

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Location: Pattaya, Thailand

Budget: Recommended by industry experts

Time to start: As soon as possible

Project description:
"I am looking to create a Trading View strategy using the ICT Silver Bullet indicator. The strategy will trade both NASDAQ CFD (US100) and DAX CFD (DE30) on the 1 minute timeframe. Each trade will risk 0.5% with a target of 2.2 – 1RR (thus covering spreads/commissions).

The rules of entry will vary across the two markets, entries on DAX can only be taken from 07:00 until 20:00 UK time. Meanwhile entries on NASDAQ can only be taken from 14:30 until 20:00 UK time. This is to ensure all trades are taken at equity whilst there is sufficient liquidity and the lowest spreads available.
Moving on to the entry, a buy trade will be triggered when a box forms and the candle closes. Providing the box is close to the price at the opening of the next candle, a market order will be taken and a stop loss placed at the bottom of the body of the candle in which the box was formed with a 2.2-1 target. In some cases, the candle will close a significant distance from the box and a new candle will open. In this respect, a limit order will be placed at the price level the box reached and a stop loss at the bottom of the body of the candle. Please see illustration which shows the concept behind this.

A sell set up will consist of the exact same parameters, an immediate at market short entry providing the next candle opens fairly close to the box formed around the last candle, with the stop loss at the top of the body of the previous candle. Yet again, a limit order to sell should the candle close a significant distance from the box, with the stop loss at the top of the body of the candle with the box.

Only one trade should be open at a time and only the first trade opportunity presented should be taken. I have attached an example whereby a multitude of boxes form as price sells off and another as price rallies, we are only interested in the first set up here. Another entry can only be taken provided there has been a 30% retracement in price or consolidation prior to further selling or buying. I have also attached an example illustration.

In some cases, the size of the box will exceed 20 points from top to bottom, in this respect, the stop loss should be placed just below the box or above (for a short) rather than above or below the candle body. This is to reduce the distance price must travel to accommodate a 2.2-1RR." (client-provided description)