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Power of Three Indicator in Smart Money Style for MetaTrader 4 Download - Free

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MetaTrader4

MetaTrader5
$4FreeFor a limited time
Power of Three Indicator in Smart Money Style for MetaTrader 4 Download - Free
Power of Three Indicator in Smart Money Style for MetaTrader 4 Download - Free 0
Power of Three Indicator in Smart Money Style for MetaTrader 4 Download - Free 1
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The Power of Three Indicators is based on three important concepts from Smart Money Accumulation, Manipulation, and Distribution. Each one, in turn, determines price stability, liquidity in trading, and phase identification (direction) of the price.

With the help of this MT4 Smart Money indicator, traders can identify suitable trading opportunities in the direction of the main trend of Smart Money.

Blue areas represent the accumulation zone, and green areas represent the manipulation zone.

Finally, a green arrow indicates a buying opportunity (Long), and a red arrow signals a selling opportunity (Short).

Indicator Specifications Table

Category

ICT - Smart Money - signal and forecast

Platform

MetaTrader 4

Skill Level

Intermediate

Indicator Type

Continuation - Reversal

Timeframe

Multi timeframe

Trading Style

Scalping - Day Trading

Market

Cryptocurrency - Forex - Stocks - Commodities

Indicator at a Glance

The Power of Three can identify regions in the price chart with high profit potential. These regions are aligned with the main price trend.

This indicator can be used in all financial markets, including cryptocurrency and forex. It is commonly used in trading strategies based on Price Action, such as Smart Money and ICT.

Power of Three in an Uptrend

According to the 30-minute price chart of Binance Coin (BNB), if the difference between the top and bottom of the blue box is less than the Average True Range (ATR), a distribution range is identified.

Once the price exits this range, it enters the manipulation phase, and immediately after, a buy signal (Long) is issued.

The ATR measures the average market volatility over the trader's desired period.

Power of Three in Bitcoin
Power of Three Indicators on the BTC Price Chart

Power of Three in a Downtrend

The red arrow on the EUR/USD price chart in the 1-hour timeframe signals a sell (Short) trade.

This signal is in the direction of the main price trend and is issued after the price exits the green manipulation range.

Power of Three in EUR/USD
Power of Three Indicators on the EUR/USD Price Chart

Indicator Settings

Settings
Power of Three Indicator Settings
  • Theme: Indicator theme settings;
  • ATR Period: 14-period average true range;
  • A multiplier of Last: 1.5 times the last ATR period;
  • Accumulation Period: 25-period accumulation phase;
  • Manipulation Swing: 3-point manipulation range.

Summary

The Power of Three Indicators for MetaTrader 4 is suitable for trading strategies such as Smart Money or ICT. This tool can be used in all financial markets, including stocks, forex, and cryptocurrency.

This signal and prediction indicator for MetaTrader 4, based on the Power of Three strategy, divides the price chart into three phases, accumulation, manipulation, and distribution. Finally, it shows buy and sell signals (Long & Short) with a green or red arrow.

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FAQs

What is the Average True Range (ATR)?

This indicator measures the price volatility over a 14-candle period.

When does the Power of Three Indicators issue buy and sell signals?

After the price exits the accumulation zone, the manipulation phase is identified, and the indicator issues buy and sell signals using arrows.

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