### **ICT NY Kill Zone Auto Trading Strategy (5-Min Chart)**
#### **Overview:** This strategy is based on Inner Circle Trader (ICT) concepts, focusing on the **New York Kill Zone**. It is designed for trading GBP/USD exclusively on the **5-minute chart**, automatically entering and exiting trades during the US session.
#### **Key Components:** 1. **Time Filter** - The strategy only operates during the **New York Kill Zone (9:30 AM - 11:00 AM NY Time)**. - It ensures execution only on the **5-minute timeframe**.
2. **Fair Value Gaps (FVGs) Detection** - The script identifies areas where price action left an imbalance, known as Fair Value Gaps (FVGs). - These gaps indicate potential liquidity zones where price may return before continuing in the original direction.
3. **Order Blocks (OBs) Identification** - **Bullish Order Block:** Occurs when price forms a strong bullish pattern, suggesting further upside movement. - **Bearish Order Block:** Identified when a strong bearish formation signals potential downside continuation.
4. **Trade Execution** - **Long Trade:** Entered when a bullish order block forms within the NY Kill Zone and aligns with an FVG. - **Short Trade:** Entered when a bearish order block forms within the Kill Zone and aligns with an FVG.
5. **Risk Management** - **Stop Loss:** Fixed at **30 pips** to limit downside risk. - **Take Profit:** Set at **60 pips**, providing a **2:1 risk-reward ratio**.
6. **Visual Aids** - The **Kill Zone is highlighted in blue** to help traders visually confirm the active session.
**Objective:** This script aims to **capitalize on institutional price movements** within the New York session by leveraging ICT concepts such as FVGs and Order Blocks. By automating trade entries and exits, it eliminates emotions and ensures a disciplined trading approach.
In pieno spirito TradingView, l'autore di questo script lo ha pubblicato open-source, in modo che i trader possano comprenderlo e testarlo. Complimenti all'autore! Puoi usarlo gratuitamente, ma il riutilizzo di questo codice nelle pubblicazioni è disciplinato dal nostro Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.
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