Powerofthree — Indicadores e Estratégias

Daily Distribution Range - Amplitude Probability Dashboard Summary This indicator provides a powerful statistical deep-dive into an asset's daily distribution range, amplitude and volatility. It moves beyond simple range indicators by calculating the historical probability of a trading day reaching certain amplitude levels. The results are presented in a clean, interactive dashboard that highlights the current day's performance in real-time, allowing traders to instantly gauge if the current volatility is normal, unusually high, or unusually low compared to history. This tool is designed to help traders answer a critical question: "Based on past behavior, what is the likelihood that today's range will be at least X%?" Key Concepts Explained 1. Daily Amplitude (%) The indicator first calculates the amplitude (or range) of every historical daily candle and expresses it as a percentage of that day's opening price. Formula: (Daily High - Daily Low) / Daily Open * 100 This normalization allows for a consistent volatility comparison across different price levels and time periods. 2. Cumulative Probability Distribution Instead of showing the probability of a day's final range falling into a small, exclusive bin (e.g., "exactly between 1.0% and 1.5%"), this indicator uses a cumulative model. It answers the question, "What is the probability that the daily range will be at least a certain value?" For example, if the row for "≥ 2%" shows a probability of 12.22%, it means that historically, 12.22% of all trading days have had a total range of 2% or more. This is incredibly useful for risk management and setting realistic expectations. Core Features Statistical Dashboard: Presents all data in a clear, easy-to-read table on your chart. Cumulative Probability Model: Instantly see the historical probability of the daily range reaching or exceeding key percentage levels. Real-Time Highlight & Arrow (→): The dashboard isn't just historical. It actively tracks the current, unfinished day's amplitude and highlights the corresponding row with a color and an arrow (→). This provides immediate context for the current session's price action. Timeframe Independent: You can use this indicator on any chart timeframe (e.g., 5-minute, 1-hour, 4-hour), and it will always fetch and calculate using the correct daily data. Clean & Professional UI: Features a monospace font for perfect alignment and a simple, readable design. Fully Customizable: Easily adjust the dashboard's position, text size, and the amount of historical data used for the analysis. How to Use & Interpret the Data This indicator is not a trading signal but a powerful tool for statistical context and decision-making. Risk Management: If you see that an asset has only a 5% historical probability of moving more than 3% in a day, you can set stop-losses more intelligently and avoid being overly aggressive with your targets on a typical day. Setting Profit Targets: Gauge realistic intra-day profit targets. If a stock is already up 2.5% and has historically only moved more than 3% on rare occasions, you might consider taking profits. Options Trading: Volatility is paramount for options. This tool helps you visualize the expected range of movement, which can inform decisions on strike selection for strategies like iron condors or straddles. Identifying Volatility Regimes: Quickly see if the current day is a "normal" low-volatility day or an "abnormal" high-volatility day that could signal a major market event or trend initiation. Dashboard Breakdown → (Arrow): Points to the bin corresponding to the current, live day's amplitude. Amplitude Level: The minimum amplitude threshold. The format "≥ 1.5%" means "greater than or equal to 1.5%". Days Reaching Level: The raw number of historical days that had an amplitude equal to or greater than the level in the first column. Prob. of Reaching Level (%): The percentage of total days that reached that amplitude level (Days Reaching Level / Total Days Analyzed). Settings Position: Choose where the dashboard appears on your chart. Text Size: Adjust the font size for better readability on your screen resolution. Max Historical Days to Analyze: Set the lookback period for the statistical analysis. A larger number provides a more robust statistical sample but may take slightly longer to load initially. Enjoy this tool and use it to add a new layer of statistical depth to your trading analysis.

ICT Power Of Three | Flux Charts 💎 GENERAL OVERVIEW Introducing our new ICT Power Of Three Indicator! This indicator is built around the ICT's "Power Of Three" strategy. This strategy makes use of these 3 key smart money concepts : Accumulation, Manipulation and Distribution. Each step is explained in detail within this write-up. For more information about the process, check the "HOW DOES IT WORK" section. Features of the new ICT Power Of Three Indicator : Implementation of ICT's Power Of Three Strategy Different Algorithm Modes Customizable Execution Settings Customizable Backtesting Dashboard Alerts for Buy, Sell, TP & SL Signals 📌 HOW DOES IT WORK ? The "Power Of Three" comes from these three keywords "Accumulation, Manipulation and Distribution". Here is a brief explanation of each keyword : Accumulation -> Accumulation phase is when the smart money accumulate their positions in a fixed range. This phase indicates price stability, generally meaning that the price constantly switches between up & down trend between a low and a high pivot point. When the indicator detects an accumulation zone, the Power Of Three strategy begins. Manipulation -> When the smart money needs to increase their position sizes, they need retail traders' positions for liquidity. So, they manipulate the market into the opposite direction of their intended direction. This will result in retail traders opening positions the way that the smart money intended them to do, creating liquidity. After this step, the real move that the smart money intended begins. Distribution -> This is when the real intention of the smart money comes into action. With the new liquidity thanks to the manipulation phase, the smart money add their positions towards the opposite direction of the retail mindset. The purpose of this indicator is to detect the accumulation and manipulation phases, and help the trader move towards the same direction as the smart money for their trades. Detection Methods Of The Indicator : Accumulation -> The indicator detects accumulation zones as explained step-by-step : 1. Draw two lines from the lowest point and the highest point of the latest X bars. 2. If the (high line - low line) is lower than Average True Range (ATR) * accumulationConstant 3. After the condition is validated, an accumulation zone is detected. The accumulation zone will be invalidated and manipulation phase will begin when the range is broken. Manipulation -> If the accumulation range is broken, check if the current bar closes / wicks above the (high line + ATR * manipulationConstant) or below the (low line - ATR * manipulationConstant). If the condition is met, the indicator detects a manipulation zone. Distribution -> The purpose of this indicator is to try to foresee the distribution zone, so instead of a detection, after the manipulation zone is detected the indicator automatically create a "shadow" distribution zone towards the opposite direction of the freshly detected manipulation zone. This shadow distribution zone comes with a take-profit and stop-loss layout, customizable by the trader in the settings. The X bars, accumulationConstant and manipulationConstant are subject to change with the "Algorithm Mode" setting. Read the "Settings" section for more information. This indicator follows these steps and inform you step by step by plotting them in your chart. 🚩UNIQUENESS This indicator is an all-in-one suite for the ICT's Power Of Three concept. It's capable of plotting the strategy, giving signals, a backtesting dashboard and alerts feature. Different and customizable algorithm modes will help the trader fine-tune the indicator for the asset they are currently trading. The backtesting dashboard allows you to see how your settings perform in the current ticker. You can also set up alerts to get informed when the strategy is executable for different tickers. ⚙️SETTINGS 1. General Configuration Algorithm Mode -> The indicator offers 3 different detection algorithm modes according to your needs. Here is the explanation of each mode. a) Small Manipulation This mode has the default bar length for the accumulation detection, but a lower manipulation constant, meaning that slighter imbalances in the price action can be detected as manipulation. This setting can be useful on tickers that have lower liquidity, thus can be manipulated easier. b) Big Manipulation This mode has the default bar length for the accumulation detection, but a higher manipulation constant, meaning that heavier imbalances on the price action are required in order to detect manipulation zones. This setting can be useful on tickers that have higher liquidity, thus can be manipulated harder. c) Short Accumulation This mode has a ~70% lower bar length requirement for accumulation zone detection, and the default manipulation constant. This setting can be useful on tickers that are highly volatile and do not enter accumulation phases too often. Breakout Method -> If "Close" is selected, bar close price will be taken into calculation when Accumulation & Manipulation zone invalidation. If "Wick" is selected, a wick will be enough to validate the corresponding zone. 2. TP / SL TP / SL Method -> If "Fixed" is selected, you can adjust the TP / SL ratios from the settings below. If "Dynamic" is selected, the TP / SL zones will be auto-determined by the algorithm. Risk -> The risk you're willing to take if "Dynamic" TP / SL Method is selected. Higher risk usually means a better winrate at the cost of losing more if the strategy fails. This setting is has a crucial effect on the performance of the indicator, as different tickers may have different volatility so the indicator may have increased performance when this setting is correctly adjusted. 3. Visuals Show Zones -> Enables / Disables rendering of Accumulation (yellow) and Manipulation (red) zones.

Edufx's Power of Three Indicator Overview Name: Edufx's Power of Three Purpose: To highlight the high and low price ranges of specific hourly candles on a chart. To visualize these ranges using rectangles. Features Visibility Toggle: Users can enable or disable the visibility of the rectangles highlighting the high and low price ranges of the specified candles. Customizable Rectangle Length: Users can adjust the length of the rectangles that extend from the specified candle's high and low prices. Price Range Tracking: The high and low prices of the specified candles are tracked and stored. Rectangle Drawing: Rectangles are drawn from 5 bars before the end of the specified hour, highlighting the high and low price ranges. How It Works Price Range Tracking: During each specified hour, the high and low prices are updated with the highest and lowest prices observed. Rectangle Drawing: At the end of each specified hour, the high and low prices are used to draw rectangles extending 5 bars backward from the end of the hour. Rectangles are color-coded (red, green, and blue) for easy identification. Usage This indicator is useful for traders who want to monitor and react to key price levels at specific times of the day. The visual rectangles help in identifying potential trading opportunities based on price action relative to these key levels. Example If the price moves above the high of the specified candle but fails to close above it, a visual rectangle will highlight this price range. Similarly, if the price moves below the low of the specified candle but fails to close below it, the rectangle will indicate this range. This indicator provides visual aids to assist traders in making informed decisions based on the behavior of price at specific key levels.

HTF Candle Projections The HTF Candle Projections indicator shows a number of candles from a higher time frame (HTF) projected to the right of the candles in the current timeframe. This can be very useful if you want to analyze two different timeframes without the need to switching between the different timeframes. This indicator is highly inspired by the HTF Power of Three indicator by @toodegrees but is fully free and open source, it also have support for showing more than just one candle in the projection. It is also inspired by the HTF Candle Insights (Expo) indicator by @Zeiierman but differ in the way that it update the HTF candles in real time and also have support for showing Open/High/Low projections that also updates in real time. This indicator is released under TradingViews default license ( Mozilla Public License 2.0 )