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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.

Açık kaynak kodlu komut dosyası

Gerçek TradingView ruhuyla, bu komut dosyasının mimarı, yatırımcıların işlevselliğini inceleyip doğrulayabilmesi için onu açık kaynaklı hale getirdi. Yazarı tebrik ederiz! Ücretsiz olarak kullanabilseniz de, kodu yeniden yayınlamanın Topluluk Kurallarımıza tabi olduğunu unutmayın.

lacaze1102

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.

Açık kaynak kodlu komut dosyası

lacaze1102