Power of 3, Price Action, Time-Based Trading

Trade the 'Power of 3' (accumulation, manipulation, expansion) using a 3-hour candle at 9 AM NY. This price action strategy targets NASDAQ and Indices on 5-minu

Published · Updated · Methodology: Price Action

Part of: Power of Three / AMD

  • Methodology: Price Action
  • Content type: strategy
  • Timeframes: 3 hours, 5 minutes
  • Markets: NASDAQ (MNQ), Indices

Source video

Decoded from: Esta Vela Me Hizo Ganar +100.000€ en 1 Año de Trading (Sin Indicadores) by Will Street — watch the original

Key timestamps:

  • 0:00 - Introduction to the 'magic candle'
  • 2:00 - Focus on candles, price, and time, no indicators
  • 3:00 - The specific candle: 9 AM New York, 3-hour timeframe
  • 4:00 - Power of 3 concept explained
  • 6:00 - Entry zone: first 90 minutes of the candle
  • 7:00 - How to identify entry points (right side of the curve)
  • 9:00 - Stop loss and take profit methodology
  • 12:00 - Types of expansive candles and their implications
  • 15:00 - Dealing with internal candles and economic events
  • 18:00 - Continuation model vs. time-based entry

Strategy overview

Power of Three — often written PO3 or AMD — reads a market period as three phases: accumulation, a manipulation leg that takes out the obvious side, and the distribution move that follows. What sets this entry apart is how tightly Will Street compresses that model: rather than tracking the phases across a full session, the video puts the entire read inside a single candle — the 3-hour candle that opens at 9:00 a.m. New York time.

The framing is deliberately stripped down. The channel works from price, candles and clock time alone, with no indicators on the chart, and treats the opening stretch of that 3-hour candle — roughly its first 90 minutes — as the window where the phase structure becomes readable. A lower 5-minute chart is used to time what happens inside it, and the presenter describes locating entries on "the right side of the curve": the point at which the candle's early move has already shown which side it was hunting. It is a good example of how a session-scale concept can be re-scoped onto one bar when the bar is anchored to a meaningful hour.

The source video is in Spanish, and its title — "Esta Vela Me Hizo Ganar +100.000€ en 1 Año de Trading (Sin Indicadores)" — makes a personal earnings claim that belongs to the creator and is not verified here. This entry catalogs the concept and the video's particular angle, a time-anchored single-candle reading of PO3, rather than a rule-by-rule breakdown. Anyone working from it will need to define the candle window, the entry trigger and the risk model themselves, and test the result on historical intraday data.

Topics

price action · power of 3 · time based trading · nasdaq trading strategy · indices trading · 5 minute strategy · swing trading · trading strategy · tradingview strategy · pine script · mnq trading strategy · day trading

Frequently asked questions

What is the Power of Three (PO3 / AMD) concept?

Power of Three describes price moving through three phases — accumulation, manipulation, and distribution. The manipulation leg typically runs through an obvious high or low before the real directional move develops, which is why traders using the model watch for a false push before committing.

Which candle does this Will Street video focus on?

It centers on the 3-hour candle that opens at 9:00 a.m. New York time, treating the early part of that candle — around its first 90 minutes — as the readable window, with a 5-minute chart used for finer timing inside it.

Does this approach use any indicators?

No. The video is explicitly indicator-free and works only from candles, price and time. That keeps the chart clean but shifts the burden onto the trader: without an indicator to define the signal, the phase reading has to be specified precisely before it can be tested or automated.

How do I evaluate a time-anchored strategy like this one?

Backtest it across many sessions on intraday data, and pay attention to time zones and daylight-saving shifts — a setup anchored to 9:00 a.m. New York changes bar alignment if your chart is set to another exchange time. Strategy Decoder catalogs video-sourced strategies like this one so you can compare variants of the same concept before testing them on TradingView.

About this strategy page

This trading strategy was decoded by Strategy Decoder's AI from a public YouTube trading video and turned into a structured, reviewable specification. In the interactive app this page shows the full entry and exit logic, risk management settings, the indicators involved with their parameters, AlgoWizard-compatible logic and a Pine Script export ready for TradingView backtesting — plus an automated backtest verdict when one has been computed for this strategy.

Strategy Decoder catalogs 2,229 decoded strategies. Each one is extracted with confidence scoring, cross-linked to the indicators it uses, and kept up to date as new videos are processed daily. Load this page with JavaScript enabled to use the interactive tools, or start from the strategy explorer to filter by methodology, market and timeframe.

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