### **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 true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. Você pode favoritá-lo para usá-lo em um gráfico.
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