Higher TIme Frame Power-of-Three Indicator ICT
Budget: $10 – $30 USD
The task is to code a Pine Script (v5) indicator that visualises the “power of three” for each Daily candle while I’m working on any lower-timeframe chart. The script must read the Daily open, high, low and close, decide whether that candle is bullish or bearish, and then present its strength directly on the intraday chart so I can react in real time.
Key points
• Data inputs: only the Daily OHLC values; no volume.
• Logic: determine candle bias and magnitude (“power”) from those four price points, then translate it into a clear visual cue—coloured background, histogram, label, or a mix—without cluttering the screen.
• Flexibility: colour palette and size settings should be parameterised so I can tweak visibility as markets change.
Deliverables
1. Clean, well-commented Pine Script v5 file.
2. A short usage note explaining how to add and adjust the indicator.
3. Verification that the script plots correctly on any intraday timeframe (1 min up to 4 h) and automatically rolls over at the new Daily session.
Key points
• Data inputs: only the Daily OHLC values; no volume.
• Logic: determine candle bias and magnitude (“power”) from those four price points, then translate it into a clear visual cue—coloured background, histogram, label, or a mix—without cluttering the screen.
• Flexibility: colour palette and size settings should be parameterised so I can tweak visibility as markets change.
Deliverables
1. Clean, well-commented Pine Script v5 file.
2. A short usage note explaining how to add and adjust the indicator.
3. Verification that the script plots correctly on any intraday timeframe (1 min up to 4 h) and automatically rolls over at the new Daily session.