OPEN-SOURCE SCRIPT
Custom Opening Price Levels (PO3)
Actualizado
This indicator is designed to assist the trader in identifying the Power of Three through the opens of the candles.
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The PO3 is a concept introduced by ICT. First, you need to have a directional bias for the month or the specific candle in question. It should be of high time frame (HTF BIAS).
At the open of the specific candle, the market will generate interest in the direction opposite to the HTF BIAS, accumulating positions. It will then manipulate the positions of less informed traders to generate the necessary liquidity to fill informed operators positions.
Finally, positions are distributed in favor of the bias.
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The PO3 is a phenomenon that repeats across all timeframes. This indicator is highly customizable and allows the user to choose from a range of timeframes: 3 months, 1 month, 1 week, 1 day, and 3 hours. The indicator displays the last 3 opens for the selected period.
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The script is open-source, so feel free to add more timeframes or open levels if you have coding skills.
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The PO3 is a concept introduced by ICT. First, you need to have a directional bias for the month or the specific candle in question. It should be of high time frame (HTF BIAS).
At the open of the specific candle, the market will generate interest in the direction opposite to the HTF BIAS, accumulating positions. It will then manipulate the positions of less informed traders to generate the necessary liquidity to fill informed operators positions.
Finally, positions are distributed in favor of the bias.
-------------------------
The PO3 is a phenomenon that repeats across all timeframes. This indicator is highly customizable and allows the user to choose from a range of timeframes: 3 months, 1 month, 1 week, 1 day, and 3 hours. The indicator displays the last 3 opens for the selected period.
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The script is open-source, so feel free to add more timeframes or open levels if you have coding skills.
Notas de prensa
I made a mistake by publishing an outdated version of the script. - Improved code organization
- Added "lookahead=barmerge.lookahead_on" to the request security for correct updating of open prices
- Removed unnecessary lines from the development process
Notas de prensa
Updated the final details regarding the explanation on the chart.Notas de prensa
- Changed input.string to input.timeframe to allow user select from more timeframesNotas de prensa
Updated the final details regarding the explanation on the chart.Script de código abierto
Siguiendo fielmente el espíritu de TradingView, el autor de este script lo ha publicado en código abierto, permitiendo que otros traders puedan entenderlo y verificarlo. ¡Olé por el autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la reutilización de este código en la publicación se rige por las Normas internas. Puede añadir este script a sus favoritos y usarlo en un gráfico.
¿Quiere utilizar este script en un gráfico?
Exención de responsabilidad
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