ICT Power of 3 MT5

5

One of the most powerful and important ICT concepts is the Power of 3.

It explains the IPDA (Interbank Price Delivery Algorithm) phases. PO3 simply means there are 3 things that the market maker's algorithm do with price:


Accumulation, Manipulation and Distribution


ICT tells us how its important to identify the weekly candle expansion and then try to enter above or below the daily open, in the direction of the weekly expansion.

This handy indicator here helps you keep track of the weekly and daily candles without having to check multiple charts. You can choose to print a daily, weekly and even a monthly candle in your LTF chart. Helps you to visualize in the LTF where you are in the HTFs, helps you visualize the Judas Swing.

You can also choose how many HTF bars you want to see in your LTF chart with the "Max History Bars" input.

All settings are self explanatory, I have added a "GMT offset" setting if you want to use the NY Midnight open (the "true" IPDA open). For example if your broker server time is GMT 0, then you leave this input at 0 if you wanna match your broker's daily open. If you want the daily candle to start at NY Midnight then you would set this input with -4 (for UTC -4), or -5 (for UTC -5).

MT4 Version
https://www.mql5.com/en/market/product/110401?source=Site


Reviews 1
Janardo St Jude Williamson
442
Janardo St Jude Williamson 2025.08.24 10:03 
 

helped a lot

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Finally a Metatrader version of the very popular (and expensive) Market Cipher B indicator, or the Vumanchu Cipher B + Divergences very popular on Tradingview platform. This tool is very heavy on calculations, total are 31 plots using 97 buffers from several indicators. On my mid end computer, timeframes below M15 start getting a bit laggy, so it would require a powerful computer to run it properly at very low timeframes. It's still usable here, but somewhat sluggish response in Metatrader (lik
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Forex Master Pattern MT4
Alberto Gauer Borrego
4.67 (21)
The Forex Master Pattern  is an alternative form of technical analysis that provides a framework which will help you to find and follow the hidden price pattern that reveals the true intentions of financial markets. This algorithm here does a good job detecting the Phase 1 of the Forex Master Pattern cycle, which is the contraction point (or Value).  On Phase 2 we get higher timeframe activation (also called Expansion), which is where price oscillates above and below the average price defined
ICT Power of 3
Alberto Gauer Borrego
One of the most powerful and important ICT concepts is the Power of 3. It explains the IPDA (Interbank Price Delivery Algorithm) phases. PO3 simply means there are 3 things that the market maker's algorithm do with price: Accumulation, Manipulation and Distribution ICT tells us how its important to identify the weekly candle expansion and then try to enter above or below the daily open, in the direction of the weekly expansion. This handy indicator here helps you keep track of the weekly and
Crosshair Local Time
Alberto Gauer Borrego
If you ever wanted to know your local time (or NY time) at any bar on the chart without needing to waste time with mental calculations, look no further. This indicator creates a crosshair which you can drag anywhere on the chart and will show you the local time in a label on top of the time axis. Press the "c" key to show/hide the crosshair. Left click it to pick it up and drag anywhere, left click again let it go. You can't hide the crosshair without letting it go first. Time setting inputs
This utility solves the problem of Metatrader not having the capacity to create custom session times, all markets are displayed forcefully in a 24h format. Lots of traders prefer to ignore the overnight action and focus only on NY session and use the overnight gaps as part of their trading strategy. ICT teaches this as "opening range gap", it's the gap between NY session end (16:15) and NY session start (09:30). The default setting in this utility reflects the RTH (Regular Trading Hours) opti
Seconds Timeframe MT5
Alberto Gauer Borrego
If you want a reliable seconds chart that works properly, look no further. This utility here uses tick data to create a precise seconds chart. You just need to load it on a M1 chart and choose how many seconds you want the chart to be. The utility creates an offline chart that gets updated on every tick so it behaves as if it were a live chart. It receives tick data so you can load custom indicators on it.  It's not possible to trade from the seconds chart. The screenshots below show a 30 se
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Janardo St Jude Williamson
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Janardo St Jude Williamson 2025.08.24 10:03 
 

helped a lot

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