ICT Power of Three Judas Swing Honest Stats MT5
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Dobril Karakanchev
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Did London take the Asian range before New York moved? This indicator draws the ICT Power of Three day - the accumulation range, the Judas swing that takes its high or low, and the distribution that follows - and checks on your own chart what price did after every Judas swing.
ICT Power of Three Judas Swing Honest Stats marks the three parts of the trading day on the chart: the accumulation range of the Asian session, the manipulation window where price takes one side of that range, and the distribution window that follows. When a candle closes back inside the range after a side was taken, you get an arrow, a bias, a target on the other side of the range, and an alert. Free, part of the Honest Stats series.
MT4 version | FVG (free) | Silver Bullet (free) | Killzones (free) | Premium / Discount (free) | Order Blocks (free) | Market Structure (free) | Liquidity Levels (free) | SMT (free) | Inversion FVG (free) | Gold ADR meter (free)
What it found on two charts
- Gold, 1-hour chart, 2,236 days of broker history: a side of the accumulation range was taken on 89% of days, and after a Judas swing price reached the other side of the range the same day in 62% of cases (1,527 signals)
- EURUSD, 15-minute chart, 1,041 days: a side was taken on 98% of days. The bearish signals went 1 x ATR(14) their way before 1 ATR against them in 60% of cases, against 48% from random candles in the same direction (437 signals) - a difference bigger than luck alone could produce
Every symbol and timeframe behaves differently, and your broker's history gives your own numbers: the table counts them on your chart.
The three phases
- Accumulation: the high and low of the Asian session (20:00-00:00 New York time by default), drawn as a box and carried forward as two dotted lines
- Manipulation: the London window (02:00-05:00 NY). The Judas swing is price taking the accumulation high or low here, then coming back
- Distribution: the New York window (07:00-11:00 NY), where the move the Judas swing points to is expected
- Every window is yours to set, in New York time, so it also fits your own session plan
The signal
- One of the two sides of the accumulation range is taken in the manipulation window
- A candle then closes back inside the range: arrow, bias and alert on that candle
- The bias is the opposite side of the sweep - the high taken gives a bearish bias, the low taken a bullish one
- The target is the other side of the accumulation range, drawn as a dashed line and labelled "target reached" once price gets there
- One signal per day, from the side that was taken first. If both sides are taken, the panel says which came first
- You can switch the signal to the sweep candle itself instead of the close back inside
The panel
- The phase running now and how long it has left, or the next phase and the time to it
- Today's accumulation range: low, high and its size
- Whether a side has been taken and what the bias and target are
- The last signal and how many candles ago it was
- Which time zone the broker's clock gives (read automatically, or set by hand)
Alerts
- A Judas swing signal: side taken, bias and target (on by default)
- A side of the accumulation range taken in the manipulation window (off by default)
- Popup, sound, push to the MetaTrader app on your phone, e-mail
The honest stats table
The table uses every closed candle loaded on the chart. For bullish and bearish signals:
- Judas swing signals: how many the chart's history gave
- Then price went 1.0 ATR its way first: from the signal candle's close, did price move 1 x ATR(14) in the bias direction before it moved 1 x ATR against it (within 50 candles)?
- From a random candle, same direction: the same question from three random earlier candles per signal - the base rate of the market
- Difference: signal minus random, in percentage points
- Under the table: on how many days a side of the range was taken, which side went first, and how often price reached the other side of the range the same day
When the difference is bigger than luck alone could produce (95% range), it turns green and a green line under the table says so.
Why the random candles matter
Markets drift, so "price went up after a bullish signal" can simply be the trend of that period. Random candles in the same direction show that base rate, so you see what the Judas swing adds on top of it.
Test it on your own chart
Every market, timeframe and setting behaves differently. Move the windows, switch the signal between the close back inside and the sweep candle, ask for a minimum sweep size, change the symbol, and the table answers at once - real numbers instead of guesswork.
How to use it
- M1 to H1 charts (the windows are three to four hours long); M15 and M5 give the clearest picture
- Any symbol: forex, gold, indices, crypto
- More history on the chart gives more reliable numbers (Tools > Options > Charts > Max bars in chart)
- Hover over a box, a line or an arrow to see its prices and times
- The default windows are the classic ICT ones in New York time; the indicator reads your broker's time zone itself
Limitations
- A sweep is known only when the candle that makes it closes, a signal only when the candle that closes back inside the range closes. The table uses only what was known at each candle's close - nothing is repainted
- The test uses candle highs and lows. Inside one candle the order of moves is unknown, so a candle that reaches both distances is left out
- Saturdays and Sundays are skipped, so on crypto the weekend days carry no signal
- Past behaviour does not guarantee future behaviour. This is a drawing and measuring tool, not a trading signal
Inputs
- The three phases, each as HH:MM-HH:MM in New York time: accumulation 20:00-00:00, manipulation 02:00-05:00, distribution 07:00-11:00
- Signal: close back inside the range (default) or the sweep candle; smallest sweep beyond the range in ATR(14)
- Drawing: last 20 days, each phase and the target on/off, colours
- Broker time zone: automatic or a manual offset to New York
- Alerts: signal, side taken; popup, sound, push, e-mail
- Honest test: distance 1.0 ATR(14), candles to decide 50
- Panel and table on/off, corners, font size
Support: if something doesn't work as expected, send me a private message first. I answer every message and fix problems quickly.
If it helped you, a short review in the Reviews tab helps other traders find it and tells me what to improve.
