JadeCap ICT Silver Bullet Strategy [PickMyTrade] v2.0 at a glance

Kind of ruleChart turning points (price action and market structure)
Buys or sellsIt can buy, and it can bet on falling prices.
Built onprice only
Where it was publishedTradingView, by its author, as a Pine Script strategy
Tested on69 cells: 15 coins, October 2021 to June 2026, no fee
Cells that placed a trade41 of 69
Middle result before fees−0.1%
Cells above zero3 of 41
Middle drawdown before fees0.1%
Page updated2026-11-08

JadeCap ICT Silver Bullet Strategy [PickMyTrade] v2.0 backtest results, every cell

Every cell is in the picture, not only the strongest. To the right of the black line is above zero. The orange line, when you see one, is the middle.

How the cells bunchEach bar is a group of cells with a similar result. The number on a bar is how many cells landed there. Bars to the right of the black line finished above zero.382721−0.420+0.93
Each bar is a group of cells with a similar result. The number on a bar is how many cells landed there. Bars to the right of the black line finished above zero.
Result against the deepest fallAcross is the deepest fall along the way. Up is the result. Dots above the black line finished above zero. The middle result is −0.05.−0.420+0.93Deepest fall along the wayResult0+8.7
Across is the deepest fall along the way. Up is the result. Dots above the black line finished above zero. The middle result is −0.05.

How JadeCap ICT Silver Bullet Strategy [PickMyTrade] v2.0 works

Rules in this group usually work like this. It tries to act the way a person reading a chart would: at spots where price turned, at gaps, and at places where many people are likely to have set a stop. In code those ideas become counts of bars. The result depends on how those spots are defined. The next paragraph is this particular rule, which can be narrower than the group.

It can buy, and it can bet on falling prices. It acts only when several checks agree at once. The exact line is in the list below, in the author's names, and you can skip that list. When it enters, it also sets a stop or a target, so a trade can close without a new signal.

Each trade uses a fixed size of 1. It holds one trade at a time.

The exact condition, from the code

Same rule, translated from the code, in the author's names. You can skip this list if the paragraph above was enough.

  • Enters short when (in amwin or in pmwin) and low 2 bars ago is above the high and high swept and no position is open.
  • Enters long when (in amwin or in pmwin) and high 2 bars ago is below the low and low swept and no position is open.
  • On entry, places a stop at high 2 bars ago, a target at (low 2 bars ago − ((high 2 bars ago − low 2 bars ago) × Risk : Reward Target (2))).
  • On entry, places a stop at low 2 bars ago, a target at (high 2 bars ago + ((high 2 bars ago − low 2 bars ago) × Risk : Reward Target (2))).
Buys or sellsIt can buy, and it can bet on falling prices.
Tools it calculatesprice only
A second chart speedNo. It uses one chart speed only.
Only at certain hoursNo.
Adding to a tradeIt holds one trade at a time.
How much it tradesEach trade uses a fixed size of 1.
Cost the author assumedThe author assumed a trading cost of 5 per contract.

Default settings

The test used the defaults in the middle column. Nothing was turned to help a coin.

SettingDefaultGroup
Risk : Reward Target2
Trade 10–11 AM Windowon
Trade 2–3 PM Windowon
Show Asian / London Rangeson
Show 9 AM Candle Levelson
Show Price Labelson
Force Close at 4 PM ESTon

How the backtest was run

Every strategy was tried the same way, on the settings the author published.

The years are October 2021 to June 2026. The prices are from Bybit, for 13 widely traded coins, mostly on hourly, 4-hour and daily charts, with some faster charts. That was 47,242 tries. The window stored in the files is 2021-09..2026-06.

599 rules produced a finished try. A rule that finished above zero on at least 12 cells, before any fee, was tried again with a fee of 0.12 percent per side. Only buys are counted in that second try. 273 rules got it.

The method, the aggregate results and a downloadable table are on the study page. What the desk does with the results beyond these pages is its own.

Before any fee, it was tried on 69 cells. It placed a trade on 41 of them. 3 of the cells that traded finished above zero (7.3%).

It was not run a second time with a fee. That second pass happens only when at least 12 cells finished above zero before fees. 273 rules got that pass.

Cells tried69
Cells that placed a trade41
Finished above zero3 (7.3% of the cells that traded)
Middle result, before fees−0.1%
Strongest cell, the top of the rangeBTC hourly: +0.9%
Weakest cell, the bottom of the rangeAVAX hourly: −0.3%
Middle drawdown, before fees0.1%

Label: backtest · old prices, zero commission · Oct 2021 – Jun 2026. Hypothetical results; see the risk disclosure.

How to read the result

How to read the number

The median of every cell that traded is the result. No fee has been taken off, so the number is a ceiling. A fee comes off each trade, and this page does not guess that cost, because this rule did not get the second pass where the fee is applied. The weakest and the strongest cells are not a result on their own.

The middle drawdown, on the cells that traded, was 0.1%.

What this does not show

The useful question is how the turning points are counted in the code. A person can be vague. The code has to count bars.

Nothing on this page was fit to the cell that finished highest. One coin, one chart speed, or one strong stretch is a single row. It is not the rule. Other years, another exchange, or another fee would be a different measurement.

Questions about JadeCap ICT Silver Bullet Strategy [PickMyTrade] v2.0

What is JadeCap ICT Silver Bullet Strategy [PickMyTrade] v2.0?

JadeCap ICT Silver Bullet Strategy [PickMyTrade] v2.0 is a price action and market structure trading strategy published on TradingView as a Pine Script. In plain terms it is a rule of the kind this site calls chart turning points. It can buy, and it can bet on falling prices. It is built on price only. This page reads the rules from the code and reports what they did on old crypto prices.

How does JadeCap ICT Silver Bullet Strategy [PickMyTrade] v2.0 work?

It can buy, and it can bet on falling prices. It acts only when several checks agree at once. The exact line is in the list below, in the author's names, and you can skip that list. When it enters, it also sets a stop or a target, so a trade can close without a new signal.

Is JadeCap ICT Silver Bullet Strategy [PickMyTrade] v2.0 profitable in a backtest?

Before any fee, 3 of 41 cells that traded finished above zero, and the median of those cells was −0.1%. No fee has been taken off, so that number is a ceiling. The rule did not reach the second pass where a fee is charged on every trade.

Where can I find the JadeCap ICT Silver Bullet Strategy [PickMyTrade] v2.0 script?

It is published on TradingView by its author. Search TradingView for the title to find the original script. This page is an independent reading and is not affiliated with the author.

What does backtest mean on this page?

Backtest means the rule was replayed on old prices from Bybit. No real money moved. Every number on this page carries that label, and old prices do not promise anything about new ones.

Words used on this page

Backtest
The rule was tried on old prices. No real money moved.
Cell
One coin on one chart speed. Bitcoin every 4 hours is one cell. Bitcoin once a day is another.
Chart speed
How often a new price bar is drawn. 15m means every 15 minutes, 1h means hourly, 4h means every 4 hours, 1D means once a day.
Fee, per side
A cost taken each time the rule trades. Per side means once on the way in and once on the way out.
Median
Line the cells up from the biggest loss to the biggest gain. The median is the middle one. Half the cells did better and half did worse.
Drawdown
The deepest fall from a high point along the way, as a percent of the account at that high.
Above zero
The account finished with more than it started.

"JadeCap ICT Silver Bullet Strategy [PickMyTrade] v2.0" was published on TradingView by its author, under the author's own license. This page is an independent reading of those rules and of what they did on these old prices. It is not written with the author, and it is not a recommendation. Not every detail survives the translation onto this page, so read the original before you rely on it.