Passing the FTMO Challenge with the ICT Silver Bullet Strategy
ฝัง
- เผยแพร่เมื่อ 19 ก.ย. 2024
- 🎯 Welcome back to the channel, where we make Forex trading simple and profitable! In this video, we're tackling the FTMO Challenge using the ICT Silver Bullet Strategy. 💰
We'll break down the strategy step-by-step, showing you how to pass the FTMO Challenge and boost your trading skills. Don't forget to like, comment, and share if you find this video helpful. And if you're new here, hit that subscribe button for more Forex trading tips and strategies. Let's conquer the Forex market together! 🚀
Important Links:
✅ Prop Farming Demo: www.propfarmin...
✅ Website: blueedgefinanc...
Helpful Resources:
📈 Prop Farming Results Leaderboard: leaderboard.bl...
📊 FREE Prop Firms Comparison Table: www.propfirmse...
Connect with Us:
🔷Facebook Group: / 460840834778462
🔷Instagram: / blueedgefx
🔷Discord Community: www.blueedgefor...
🔷Live Chat Support: blueedgefinanc...
----------------------------------------------------------------------------------
Disclaimer: Forex trading involves significant risk of loss and is speculative. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Past performance is not necessarily indicative of future results.
Great video. Using SMT increased my winrate from 70% to over 80-85%. I start a single FXREPLAY session and select both EURUSD & GBPUSD. I then open it into 2 tabs and when you click next on one, the candles move on both tabs. Both currencies move in tandem however when both take sellside for example, one will have a Choch first and that it usually the stronger pair. The weaker one eventually follows suit but will sometimes reverse quickly or not move as high as the stronger pair. Highly recommend using SMT for this strategy as ICT does as youre always going with the stronger pair which is better for RR & safety
Awesome, thank you for the tip. 👍
Thank you for the info buddy. Just out of curiosity, for the win rate you stated, was it achieved using SB strategy the same as highlighted on the video? Or it's a different strategy?
so you basically take the trade on the pair that has a choch first?
Of all the silver bullet videos, this one is by far the best. Not every approach is always the same, but yours is the best and best explained. I have been trading the SB strategy for some time now and it has performed well.
All the best man 🙃
Wow thank you!! We look forward to providing you with more stellar content in the very near future!
Thank you. I've been trading for about 3 years, I've paid for some courses, I've watched and read a lot, I'm telling you honestly, your teaching is at an enviable level.@@BlueEdgeForex
Thank you so much. I have watched almost every silver bullet video but they are either too simple and don't often work or overcomplicated where I get lost however your one has worked really well for me. Taking profit after 0.75 has been the most useful as it help my psychology knowing that once I have hit that and taken 75% it's a winning trade. 👍
That's awesome to hear its helped!!
The video is extraordinary, different from the others I've watched....cool
Thank you for your positive comment.
Show us the strategy ur back testing named "bread and butter..." 49w and 7L in 120 something days of trading
Happy to see how much you paid attention to the details of this video, we will see if Brett can do just that!
We asked and he said, "It is a simple 1:1 RR strat. 1 trade a day and I think it was on US30"
@@BlueEdgeForex1RR on us30, silverbullet?
@@BlueEdgeForexwen video sir ?😂😂😂
@@Dytzy23yes when is the video?
Great video BTW. I mentioned in the last video I will watch the longer video if you make it and I did 🤝 Great work. I’ll watch more trade videos on Silver Bullet if you make them in future.
HUGE back test video coming this week!
Just want to share the issue I have with this backtesting is the FVG gap. Normally, well for my case I normally wait for the the 4th candle to open to confirm the 3 candle FVG, this way it feels close to the live trades. His entry is too early in my opinion and it does impact the entry.
This is just my take on the strat, you do what works for you just make sure to back test thoroughly and practice forward testing on a demo account before going live
Can you please make a playlist of all ICT related videos? Thanks! Love the videos, keep it up 👍
Thank you very much. I will do this. 👍
My SB strategy is a little bit different from yours, but I'm still learning small things I can incorporate into my own strategy. I think that's the beauty of trading, there is a freedom for expression, and at the end of the day, if you're making money, there is no one correct strategy.
I totally agree with you.
love it man, thank you..lots of value.
My pleasure!
2023
Feb - Oct
43 Trade
31 Win
12 Loss
72% WR
2% RPT = + 36%
1R full TP
Do u have the same results?
This is a very specific date range however we will review with Brett
@@BlueEdgeForex cool.. there's a 100% wr gem on ldn july 23 with 1r tp..
But its not performing as well in other pairs..tested gu au in random months, not as good as eu
Loved it mate! Very helpful. Liked and subscribed.
Glad to hear it! Thanks for the sub!
More videos like these! Have you detected which months are better to use this strategy ? Thanks!
Can you pls do an updated about silver bullet
Thank you for your comment. I am looking at doing one very soon.
I completed my The5ers prop challenge using the ICT judas swing strategy.
Congrats! How long have you been trading?
Thank you, recovered from drawdown.
You are welcome! Anything else we can do to improve?
Hello sir it's really nice to see you backtesting the EU using ICT SILVER BULLET STRETEGY ❤
Can make more videos like this with other pairs and with some more improvement and using a tradingview only or any other STRETEGY!!
Also what if we have 8 to 10 in a raw?
Thank you 😊
Best regards,
Keval Barot
Sure thing, we have other videos from Brett done recently on this channel showcasing other strategies and pairs being traded, here is one you can watch: th-cam.com/video/GD0dQPg1oCg/w-d-xo.html
Respect you guys 💗 really appreciate your work ❤
Thank you 🙏
May I ask for clarification regarding the trading window, what needs to happen there and what can happen outside? It seems like the sweep of liquidity can happen before and you're waiting for change of character within the trading window. But 21:27 into the video you also allow the trade to be entered around 2:30pm in the afternoon. Also is there a limit to how late in the day a trade can be entered? Thank you in advance.
As long as all the steps have been completed within that hourly window you can set a pending order and walk away even if you enter later on in the day
great video I'm just wondering if the silver bullet works for gold??
Thank you for your comment. I have not tested it on gold yet. Maybe this can be my next video?
I would love to see a video on the 90 min strategy
You bet
Thanks for the strategy, very helpful for beginners
You are welcome! How long have you been trading?
Taking trades off of session liquidity and previous days and weeks highs and lows is more consistent than taking random lows
To each their own 🤷 however this works great for me
Can you explain further? Has this been backtested?
Thank you so much. So good 💯
Thank you and you are very welcome.
Solid content!! 💪🏾💪🏾
Thank you. 🙏
My favorite trades in my TTP stock account are BOS with FVG.
That's awesome to hear, how long have you been trading this strategy?
This is really great content, but I can't find the liquidity indicators on FX replay. ..
Reach out to their support if you don't see them, I highlight the names of them in this video
Great video. Thanks for taking the time to create it. I've been using the silver bullet strategy for a bit over a month and passed phase one with a peop firm. Having problems with phase 2 for some reason. I hope watching your video will put me back on track.
I have a question, though. Your previous Silver Bullet videos shows you starting at 9:30. But this one you start at 10:00. Which start time is best? Thanks.
You want to start watching the markets at 9:30am EST however you don't look for a setup until between 10am EST and 11am EST, if you get a setup within that time you can take the trade outside of those times as long as the setup happened between those times
how you get the buyside and sellside liquidity indicator on fx replay ?
I use a Silver Bullet indicator in FX Replay.
Thank you
You're welcome
CAN YOU PLEASE DO THIS ON FUTURES????
SPX OR NDQ... LETS SEE THE WINRATE FOR FUTURES
I can look into doing this.
Wow solid mechanical strategy !!
Isn't it great!?
why would oyu close at 0.7 75 percent of the profits
just hold it out until 1 to 1 or 1 to 2
This is the trade management approach that works for me, feel free to back test it differently and share the results
i did it works perfectly fine i used a 1 to 1 risking 1 percent and it got a 67 percent winrate keep in mind it was one month of backtesting @@BlueEdgeForex
put your money where your moutg is.. buy a real account and pass it everyone is a warrior and hindsight
Doing just this very soon!
First! Thanks for this video!
You got it!
where is the link of the video where to identify high probability change of character?
If there is any, I like the explanation as I understand it very well.
Thank you for your comment. There in no video in particular, but I do go over it in a few of them.
THANK YOU , LOVELY 💓💯
🙏
Thank you for the video
You're welcome
Always with great contents...one doubt...would you put your challenge on this strategy or on the bot?
I diversify and do both, one challenge with the bot and one with my own trading
nice that you cna trade in the future, amazing, noone has 2024 data yet 🙂
Where did I trade in the future in this video?
just superb make another video another powerful startegy....
Thanks, will do!
Waiting for Choch on 1min at just any random place (and not at PD arrays like Order block or FVG etc) after liquidity is taken, how then do you know which Choch is valid? Especially when your sl is hit and you see another Choch on it hits your sl again. I mean what if there are several entry opportunities all with Choch? Do you keep entering until you get the right one?
This has been happening to me during backtesting, I even resorted to looking for setups after 30min of session start.
No I will only look at getting into 1 trade per day with silver bullet. If I get it wrong I just take the loss and then move on to the next day.
Thank you for this video! Does this work on futures contracts like ES?
This strategy should yes, just make sure to do your back testing and practice forward testing on a demo account first before going live
Hey, what is that bread and butter 89% WR on the right corner
It is a simple 1:1 RR strat. 1 trade a day and I think it was on US30
Do you have a video on that. ?😀
Thanks a lot for your sharing. I'm confused about how do you set up to manage TP with 0.75% profit and continue holding your trade-in with the new TP Tradingview?
I am not back testing on Trading View, I am using a tool called FX Replay
What about london session what time will it be
03:00 - 04:00 NY timezone.
Don't think of a no-trade day as a lost trade, think of a no-trade day as a 'WIN' as you have not lost any money. It will improve your PMA.
Great insight 💪
Can you show the setting of your liquidity indicator
It is default
Great video, thanks! After passing the challenge and getting funded, how much would you risk per trade? Would you still go with 2% or less?
Thanks for your comment. This is a personal preference. I would probable just trade it passively (1%) until I am on about 2-4% then take a payout and get my refund and then after that I would go back to the 2% as from this point on you are just playing with house money.
@@BlueEdgeForex Of course, was just thinking that with 2% I'd be 5 trades away from losing the account. Even if I'm playing with the house money, wouldn't want to lose another month with a new challenge if I want to do this long term.
the first live order you said that took and won. I dont see buy side that price took out for the trade to be valid.
It was valid looking for me to take it
How far back would you consider back testing? A couple months, a year?
If you back test the last 90 days and things seem good then try expanding to the whole year and if things still look good then back test up to two years if you can
For your example at 21:37 why are you entering the trade at 230 PM when your rule stipulates your entry must be between 10-11Am silver bullet hour?
As long as the setup happens in that window, I will take the trade until 16:00 the same day. If the order doesn't fill by then, no trade.
Awesome video, very insightful. I ran my own backtest for all of 2023 same rules and all and had a 64% WR. Have you backtested the London or New York PM Session? That is my next deep dive..@@BlueEdgeForex
I Have been Backtesting this Strat with a 68% win rate and is pretty good, but i often find literlly even weeks of no trade becasue the setup is not met,
I understand the sometimes there is no trade ,now my question is wich other strat i can complement ti this strat to find other entries?
Any strategy you'd like just make sure to dial back your risk if you do add another strategy to the mix
question.. how long before 10 am is a take of liquidity valid before we start looking for the change of character at 10-11am? is it valid if to consider if price took liquidity before 10am?
thank!! Also, do you have a strict session time that you trade or let trades run or its pending? or only make sure to close trades/ limits at 4pm?
thanks for explaining. good call about the lows or hights that need to be taken out only if its close not super far
Yes it is ok if liquidity is taken before the trading window, however you still want to ONLY enter between that window unless the setup happens during that hour and then you can set a limit and walk away, you just want to make sure the setup is happening during that hour period and not trade before it
are you always entering on the first FVG of the push leg in the shift? Meaning like the example on 10:04 in the video. There are 2 FVGs on that break, are you always using the one closest to the swing point? If that makes sense
I like to go for the first FVG, but sometimes price will move off without me. I want to go for the tighter stop loss as most of the time I get to my break even quickly.
@@BlueEdgeForex ok thank you. And what do you do in cases there is no structure/liq to the left side to target for TP? To you skip the trade then, or just go like 1:2?
@@BlueEdgeForex like on EU right now
At 12:40 it was a change of character on the 5 min with a FVG going up. Did you miss that?
It didn't take sell side liquidity first so it doesn't line up with my rules
Yes i thought that was the case.@@BlueEdgeForex
I used to trade silver bullet strategy to pass my The5ers prop account. No any indicators used.
Awesome to hear, what strategy are you trading now?
24:36 the order wasn't executed (the price didn't hit your "pending" order), how does it hit your target?
The setup was marked up, if before triggering you in the trade it hits your target after marking it up then the trade would be invalid to enter
I'm already passing in FTMO and The5rs challenges with EA.
Which EA are you using?
@@MrSensei31 my own EA, based on a strategy that I used to trade manually
Are you using Titan X or a different EA? Congrats btw!
@@BlueEdgeForex I'm using my own EA, based on a strategy that I used to trade manually
Hi! Is it possible to share? Or explain how your strategy works?
Hey mate. Im in Australia, hust wondering if this would work for other times during the market, e.g london open? Thanks and great video
It would have to be back tested but as long as you have times of high volatility it would be worth testing around then
You need to do the real challenge for us
Coming soon!
what are the seetings of your indicators?
I go over them in this video here -> th-cam.com/video/16KwuY9c-Tw/w-d-xo.html
what about spread? those .75 sometimes will be 0 with spreads and slippage
When your are trading at a specific time every day on the same pair the spread should always be similar unless there is big news.
This really works for me, but what about the spread
Do you mean calculated into the P/L? You can always adjust your SL to account for spread but that depends a lot on your broker
please review mini hammer EA. may people talk about this
Never heard of them, I'm good thanks
In the Rare Case that in the same hour Another Liquidit Sweep happen and another CHoCH is it recommended to take it?
No I probably wouldn't trade that day then
Hello, but at 21:50 you entered at 14:30 not between 10-11 am... Why?
Because the setup still took place during that window, as long as it does you can enter outside the window just set a pending limit order and walk away
What is the indicator setting cause there almost 0 trade opportunity if we leave it by default
I just use the default. I will be doing an updated video soon on the SB strat.
Hey, I was trying to go back and find each of the videos you did in this set. Do you think you could put them in a playlist? If there is already a playlist can you comment the name? I may have missed it when I was looking. Thanks!
See You On The Charts…
They are spread across different playlists however here is the previous one: th-cam.com/video/16KwuY9c-Tw/w-d-xo.html
Let me backtest it by myself
It's great to hear you're taking the initiative to backtest the strategy on your own. This hands-on approach is invaluable for any trader. Wishing you success in your analysis!
What timezone are you using at tradingview? utc-5 or utc-4
I will just use the NY timezone as this will change accordingly due to the daylight saving time changes.
it depends on summer or winter hour
This is the game changer 🎉🎉🎉😊
Happy to hear you like it!! How long have you been trading for?
❤
Is that another indicator to display the FVG?
There are a lot of indicators that display FVG. You just have to pick the one you like and then backtest it.
On how much lot you are trading on micro, mini or standard lot and how much lots plz reply
This will depend on your account size and risk management strategy. On challenges, I will risk 2% per trade, but on funded accounts, I will normally risk 1%.
So what happens after the FTMO has been passed do we still have access to using the bot to continue earning real money afterwards?
If you are referring to Titan X then yes you can use it with our post funded strategies
I guess I'm second but I agree great video lol.
Thanks for watching!
So you mentioned look for sweep of liquidity on 5m and only then move to 1m, but then continued to use 1 min for all the rest of the trades ?
Just double checked and every trade I looked at the 5 min sweep then switched to the 1 min for choch. Examples: (11:29) (14:18) (16:29)
In your previous videos you said never take videos outside 10-11 Windows. But here @21:27 you took trade outside the window. Just asking for my information :)
If you get the setup during that window you can take the trade outside of those times, BUT you NEED to have the setup happen during that 1-hour window and then you can set your entry as a buy or sell limit if you don't want to stare at the charts all day
Can i use 2 positions on buy limit instead closing 0.75% during trade ?
Yess 100%, this will work. I have done this at times too.
Would you still risk 2% on a $200k challenge account or do 1% instead?
Yup I would risk 2% no matter what size the challenge.
@@BlueEdgeForex appreciate you
Can we apply this on gold ????
Good morning from Bali. I’ve watched a lot of your videos and you guys seem legit. So I’ve got a little trading experience but not enough to make it worth while…so is there anyone/anyway to find a person/bot that will allow me to earn passively or a bot that I can easily use to pass challenges and then trade with?
You can chat more with our team about it here -> www.propfarming.com/main-optin-1
How do you even take this 0.75 % profit in real trade without closing a trade? Like how is that possible?
You close partial. Whatever the size of the trade is, you close 75% of this.
hello Brett, It looks really easy for you closing 0.75% but how can you do this on other platform like MT5 without closing the whole trade? hope you can show us. thanks
You would either calculate what 75% of the lot size is and close that amount or use a risk calculator tool, I use one off this website that makes risk management super easy -> riskcalculator.app/
@@BlueEdgeForex ok, thanks for the info but what is that app or is it a platform that you are currently using? where you can just click that 75% and save but your trade is still running. I am asking because I think even if we will use the risk calculator we still need to input the numbers manually and it is very hard to do that in 1min scalping.
@@RAM51181 I use FX Replay for back testing and then for live trading on MT5 I use this tool here -> riskcalculator.app/
If you use it on another pair like GBPUSD, is the trading session still New York? 🤔
Yes, but this also works in the London Killzone.
When I switch from 5m to 1m I see a lot more Buyside and Sell side liquidity line. Lines all over the place :) Any suggestion how to fix that? Seems that is not the case in your video. Thanks
Go to the indicators' setting and tick mitigate on Liquidity.
What Hiruki said here
how are you getting those automatic fvg drawings?
Using an indicator to help, I highlight the names of them in this video
and the drawdown?? In ftmo the drawdown does not run on the profits?
No, I have never had an issue with FTMO or any of the other firms using this strategy.
What if the liquidity swep and m.s.s occur before even 9 : 50 am
If it is a lot before then I wont look at it.
@BlueEdgeForex how is risk free since you take only the 75% of the 75% of the winning amount and your risk is 2% ? if a trade is 2% risk and you take the 75% of the 0.75 that means you take 875USD out of your risk that is 2000USD ? can you explain me this ?
I am taking 75% off the trade once we reach 1:0.75 RR of the trade that would be taking 75% of $1500 which is $1,125
@@BlueEdgeForex then why do you say that you still make money even when price hits your SL because your SL is $2000 and when price hits 1:0.75, you've made $1125
Do you !
Do I what?
Why do you take 75% and not 50% for example?
That is what works the best for me psychologically and the numbers reflect it to work as well
What if structure if broke before 10am ?
If is is just before 10am then I will still consider taking the trade if it plays out perfectly.
Does this work on london SB hours?
It would have to be back tested but as long as you have times of high volatility it would be worth testing around then
What exactly is this closing 75% of the trade at 0.75R good for? You risk 2000$, at 0.75 you have a profit of 1500$, closing 75% secures 1125$ and if you want to get 1:1RR out of the trade, the remaining 500$ risk must at least get to 1.75 R, if you want to get 1:2 out of the trade, the trade needs to run to 1:5.75, that´s plainly stupid.
The numbers speak for themself and works for my psychology so I don't need to explain myself further, you can watch an hour long back test I did of the entire year of 2023 if you're still skeptical -> th-cam.com/video/Lp_5YQEu-g0/w-d-xo.html
Make tutorial fx replay bro
I'll try
Its hard to nail down a strategy, ive been jumping around for 2 years finding profitability then getting stuck etc. round and round it goes
Yea best thing to do is stick with something that compliments your personality/character traits, for example if you are impatient you might want to try swing trading since it forces you to be patient and not cause you to be impulsive which scalping strats can, if you are limited by your time available then pick something that works and provides a setup 1-2 hours each day, all depends on the persons strengths/weaknesses about their life
how many lots are u taking each trade?
Risking 2% per trade in this example so it would depend on your leverage and broker
So earlier I backtested this same street for 2023 it gave a nice 65-70% win rate and 90%+ GOA, but in 2022 It was not effective as the majority of months went down around 4% average, and nearly half of the account in lose. in 2021 It performs better than 2022 and win rate was 51% something and GOA is 4%!! So only 2023 performed best out of these 3! not sure whether to trade or not now!!! 2022 is a real disaster in that I would say!
Thanks for sharing your detailed backtesting results of the Silver Bullet strategy across different years. It's interesting to see how the performance varies annually, with 2023 showing promising results compared to previous years. This variation highlights the importance of considering market conditions when applying any strategy. Given the mixed results, it might be wise to continue backtesting under various scenarios or consider a hybrid approach. Remember, no strategy is foolproof, and adapting to market changes is key to successful trading.