PO3 HTF Candle
- Indicators
- Version: 2.1
- Updated: 21 May 2025
- Activations: 10
HTF PO3 Candle Indicator
The HTF PO3 Candle indicator brings the “Power of Three” concept from a higher timeframe directly onto your chart, letting you see key structure levels—and potential entry/exit zones—from a larger market context without switching timeframes.
Key Features:
1. Overlay Higher-Timeframe Candles
- Draws the open, high, low, and close of any higher timeframe (1 min up to 1 month) on your current chart as a single “PO3” candle.
2. Customizable Appearance
- Solid or hollow fill
- Outline style (solid/dashed) and wick width
- Color settings for bullish (default YellowGreen) and bearish (default Tomato) candles
3. Dynamic Timeframe Selection
- Instantly switch source TF from 1 minute to monthly
4. Multi-Pair Compatibility
- Works on Forex, commodities, indices, and crypto
5. Clean, Lightweight Code
- Optimized MQL5, minimal CPU footprint
How to Use:
1. Apply the HTF PO3 Candle to any chart
2. In Inputs → “Higher timeframe”, select your reference TF
3. Under Inputs/Colors tabs, customize fill, outline, wick width, and colors
4. Interpret the PO3 candle:
- Body = Accumulation phase
- Upper wick = Manipulation spike
- Lower wick = Distribution phase
Why HTF PO3 Candle?
- Stay anchored to institutional order flow
- Identify precise reaction zones
- Avoid constant timeframe switching
