ICT Silver Bullet EA MT4 vs SetFiles (Platform build 1441+)

What is ICT Silver Bullet EA?

ICT Silver Bullet EA is an Expert Advisor trading robot built for the London and US sessions. It applies advanced price action logic, measuring pip distances between candles to filter out weak moves and capture only high-quality signals. With its disciplined design and powerful features, it delivers stable and consistent trading performance.

Version: New Version
The Right Platform: Meta Trader 4 (MT4)
Our Telegram Team: Join now
Our Youtube Channel: Click here

➡️ Vendor website: View Here

Key Features

🔹 Session-Based Trading: Targets the London and US sessions for maximum liquidity and volatility.
🔹 Smart Price Action Filters: Uses Fair Value Gaps (FVG) and minimum candle size to confirm only strong signals.
🔹 Strong Risk-to-Reward: Designed for a 2:1 profit-to-risk ratio.
🔹 Breakeven Protection: Automatically moves Stop Loss to breakeven once trades turn profitable.
🔹 Controlled Trading: Limits the number of trades per session to avoid overtrading and keep discipline.

ICT Silver Bullet EA MT4 Review

User reviews are key to evaluating an EA’s reliability. Positive feedback often highlights profits, ease of use, and solid risk management, while negative reviews may reveal strategy flaws, drawdowns, or technical issues.

ICT Silver Bullet EA MT4 Setting

1. Installation

1. Place the EA file (.ex4 or .ex5) into your Experts folder:

   MQL4 > Experts (for MT4)
MQL5 > Experts (for MT5)


2. Restart your MetaTrader platform.

3. From the Navigator panel, drag ICT Silver Bullet EA onto your chosen chart.

4. Enable AutoTrading and check Allow DLL imports.

2. Recommended Setup

• Account Type: ECN or low-spread broker.

• Leverage: 1:200 or higher.

• Timeframe: M1 or M5 (optimized for scalping).

• Sessions: London and US sessions only.

3. Input Parameters Explained

A. General Settings

• TP_Ratio (2.0): Target profit set at 2:1 risk-to-reward ratio.

• Lot_size (0.01): Fixed lot size if risk percentage is disabled.

• Use_Lots_on_Risk_Percentage (true/false):

  • True: EA calculates lot size automatically based on account balance and Risk_Percentage.

  • False: EA uses fixed lot size.

• Risk_Percentage (1.0): % of balance risked per trade.

• Magic_Number (1314): Unique ID for trades, so the EA doesn’t interfere with others.

• SL_Buffer_Pips (1.0): Extra buffer added to Stop Loss.

• Number_Of_Candles_To_Expire_FVG (5): Expiration for Fair Value Gap (FVG) signals.

B. Candle & Signal Filters

• Min_Pips_Body_Candle1, 2, 3 (10.0): Minimum pip body size for candles to validate a strong signal.
  (Filters out weak or indecisive price action.)

C. London Session Settings

• Start_Hour_London (00:00): Session start time (broker server time).

• End_Hour_London (12:00): Session end time.

• Min_Gap_Pips_London (10.0): Minimum pip gap filter for signals.

• Max_No_Trades_London_Session (2): Limits number of trades per London session.

D. US Session Settings

• Start_Hour_US (12:00): Session start time.

• End_Hour_US (23:00): Session end time.

• Min_Gap_Pips_US (10.0): Minimum pip gap for US signals.

• Max_No_Trades_US_Session (2): Limits number of trades per US session.

E. Breakeven Settings

• is_Breakeven (true/false): Enables breakeven protection.

• Breakeven SL Ratio (0.75): When trade reaches 75% of target, SL is moved to breakeven.

• Breakeven Set SL Ratio (0.1): Stop Loss is adjusted slightly above breakeven for extra safety.

4. Safety Features

• Session-based trading to avoid low-liquidity times.

• Candle body filters to block weak signals.

• Fixed trade limits per session to prevent overtrading.

• Breakeven stop loss to secure profits once trade moves in your favor.

5. Usage Tips

• Always test the EA first on a demo account.

• For best results, run it only during London & US sessions.

• Use a VPS server for 24/5 uninterrupted trading.

• Recommended risk: 1–2% per trade.

In the Downloads folder, there are:

1. Experts:

✅ ICT Silver Bullet EA Original v1.9_fix.ex4

2. Presets:

✅ Silver Bullet EURUSD.set

✅ ICT Silver Bullet.pdf

>>> Reviewed by Micheal Elliot

Conclusion

The ICT Silver Bullet EA is a disciplined trading robot for MetaTrader 4, designed to trade only during the high-liquidity London and US sessions. This focus boosts efficiency and reduces slippage, making it ideal for both prop firm challenges and live accounts.

Using advanced price action logic, it filters trades by candle size and Fair Value Gaps (FVG), executing only high-probability setups. With a strict 2:1 risk-to-reward ratio, fixed lot sizing, and automatic breakeven protection, it balances consistent profits with strong capital preservation.