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P3 Power Price & Money Flow Extremes

Don’t Trade the Move. Understand It.

P3 Power is a simple tool built to help you recognize when the market is in an extreme condition.

It combines two components:

• %R (blue) → measures how far price has stretched
• MFI (green) → shows whether money is actually behind the move

When both align, something important is happening. That doesn’t mean buy or sell — it means pay attention.

HOW I USE IT

This is not an entry indicator. It is a decision filter.

I use it to answer:
• Is price stretched?
• Is money confirming the move?
• Is this expansion or exhaustion?

When both are at extremes, the market is in a high-energy state. From there, I rely on structure and location.

USING WITH VWAP

This is where it becomes powerful.

• Extreme + far from VWAP → often reversion
• Extreme + holding VWAP bands → often continuation
• Extreme + VWAP rejection → strong reaction potential

P3 Power tells you when something matters. VWAP helps decide what to do.

MULTI-TIMEFRAME USE

You can run %R and MFI on different timeframes.

Examples to test:
• Same timeframe → precise timing
• Lower TF %R + higher TF MFI → early signal + confirmation
• Higher TF MFI → larger exhaustion zones

This is where the tool opens up — but it requires backtesting.

IMPORTANT

This indicator does NOT provide entry or exit signals.

If you trade every extreme, you will get run over.

Extremes can mean:
• reversal
• continuation
• or nothing

Use this with structure, VWAP, and your own rules.

This tool is built to help you understand conditions — not chase signals.

오픈 소스 스크립트

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면책사항

해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.

오픈 소스 스크립트

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