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

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 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

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 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.

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 indicator divides the price chart into three phases: Accumulation, Manipulation, and Distribution. Finally, buy and sell signals (Long & Short) are displayed using green or red arrows.