Time-Based Manipulation Projections

This indicator automatically plots custom projection levels based on session and timeframe opening prices, utilizing the AMD/PO3 concept (Accumulation, Manipulation, Distribution / Power of Three). The theory suggests that price typically opens, creates an initial manipulation move to hunt liquidity, then reverses for distribution.

By measuring the distance from the open to the initial high/low manipulation, the indicator projects potential targets and reversal zones at customizable ratios, with the 2-2.5x and 4-4.5x extensions often serving as key areas.


Features:

• Session-Based Projections: 4 custom session-based projections with full control over the opening time and the time when the projections stop updating with new manipulation highs/lows (Midnight, Daily, NY Open, etc)
  
  
• Timeframe-Based Projections: 4 custom timeframe-based projections (H1, H4, Daily, Weekly, etc.)
  
  
• Dynamic Anchoring: In line with AMD/PO3 logic, the indicator automatically locks to the correct manipulation leg (high or low) based on price position relative to the open
  
  
• Custom Projections: Define your own projection levels
  
  
• Custom Labels: Assign your own names to each projection, making it easy to identify and organize levels on the chart
  
  
• Historical Levels: Option to display past projections
  
  
• Styling Options: Choose line style, thickness, colors, label size, font, and positioning
  
  
• Extend Lines: Option to extend projections forward to current price
  
  
• Delayed Plotting: Set a delay (in minutes) after open before projections appear, useful to avoid false early swings
  

Note: These projections are most effective when the manipulation leg is clean and well-defined. If the manipulation is shallow, standard projections like 2–2.5x or 4–4.5x may not provide useful levels. In such cases, try experimenting with larger custom projections.