INDICATOR
Po3
Marks the accumulation, manipulation and distribution phase of the session as it forms, the same three part read the initial balance report is built on. Plot it once and every session breaks into the same three legs, so a manipulation move stops looking random.
What it plots
same levels as the reportPo3 draws the levels the Initial balance report measures, so the chart and the number agree.
Questions
What is the Po3 indicator?
Marks the accumulation, manipulation and distribution phase of the session as it forms, the same three part read the initial balance report is built on. Plot it once and every session breaks into the same three legs, so a manipulation move stops looking random.
What does Po3 plot?
Po3 draws the levels the Initial balance report measures, so the chart and the number agree.