OPEN-SOURCE SCRIPT
HTF PO3 [LuxAlgo]

The HTF PO3 indicator is a professional visualization tool designed to project Higher Timeframe (HTF) Power of 3 (Accumulation, Manipulation, Distribution) price action directly onto your current chart by "grid-locking" HTF candle structures to the price scale.
🔶 USAGE
The indicator is primarily used by SMC (Smart Money Concepts) and Price Action traders to identify the state of a higher timeframe candle without switching charts. By projecting the HTF candle into the right margin, traders can observe the development of the Open, High, Low, and Close (OHLC) in real-time.
🔹 Mapping & Origin Lines
A standout feature of this tool is the direct mapping system. Dashed lines originate from the exact lower timeframe (LTF) bars that established the HTF Open, High, and Low. This allows you to see precisely where the "Manipulation" (wick) and "Accumulation" (body) phases occurred within the HTF cycle.
🔹 Running Volume Delta
Below each projected candle, the indicator displays the "Running Delta." This calculates the cumulative difference between buying and selling volume (based on bar polarity) throughout the HTF period, providing an extra layer of confluence for directional bias.
🔶 DETAILS
The indicator is engineered to be "grid-locked" to the chart's native coordinate system. Unlike standard overlays that might appear to "float," this tool uses absolute price and bar index anchoring.
🔶 SETTINGS
🔹 Higher Timeframe Settings
🔹 Visual Style
🔶 USAGE
The indicator is primarily used by SMC (Smart Money Concepts) and Price Action traders to identify the state of a higher timeframe candle without switching charts. By projecting the HTF candle into the right margin, traders can observe the development of the Open, High, Low, and Close (OHLC) in real-time.
🔹 Mapping & Origin Lines
A standout feature of this tool is the direct mapping system. Dashed lines originate from the exact lower timeframe (LTF) bars that established the HTF Open, High, and Low. This allows you to see precisely where the "Manipulation" (wick) and "Accumulation" (body) phases occurred within the HTF cycle.
🔹 Running Volume Delta
Below each projected candle, the indicator displays the "Running Delta." This calculates the cumulative difference between buying and selling volume (based on bar polarity) throughout the HTF period, providing an extra layer of confluence for directional bias.
🔶 DETAILS
The indicator is engineered to be "grid-locked" to the chart's native coordinate system. Unlike standard overlays that might appear to "float," this tool uses absolute price and bar index anchoring.
- Vertical Synchronization: The HTF candle wicks and bodies are tied to the Y-axis. If you stretch or compress the price scale, the projected candle scales perfectly in sync with your chart.
- Horizontal Anchoring: Mapping lines are pinned to the specific where levels were created, ensuring they stay "glued" to the correct candles even when scrolling or zooming.
Pine Script® bar_index - Projection Logic: The tool projects the current forming candle and a customizable number of previous candles into the future space (right offset), keeping your main workspace clean.
🔶 SETTINGS
🔹 Higher Timeframe Settings
- HTF Timeframe: Sets the timeframe for the projected candles (e.g., 60m, 4H, Daily).
- Candles to Show: Determines how many historical HTF candles are projected alongside the live one.
- Right Offset (Bars): Controls how far into the right margin the projection is drawn.
🔹 Visual Style
- Bullish/Bearish Color: Customizes the colors for the HTF candle bodies and wicks.
- Live Body Transparency: Adjusts the opacity of the current developing candle.
- Show Price Labels: Toggles the visibility of the OHLC price tags next to the live projection.
- Show Running Delta: Toggles the cumulative volume delta display below the candles.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que la republicación del código está sujeta a nuestras Normas internas.
Build your own edge with AI: luxalgo.com
All content provided by LuxAlgo is for informational & educational purposes only. Past performance does not guarantee future results.
All content provided by LuxAlgo is for informational & educational purposes only. Past performance does not guarantee future results.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que la republicación del código está sujeta a nuestras Normas internas.
Build your own edge with AI: luxalgo.com
All content provided by LuxAlgo is for informational & educational purposes only. Past performance does not guarantee future results.
All content provided by LuxAlgo is for informational & educational purposes only. Past performance does not guarantee future results.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.