POWER OF THREE: THE
DEVIL’S MARK
Mentor & Concept Credits: Michael
Huddleston & TraderDext3r
DISCLAIMER:
The information provided in this trading PDF/document is for
educational and informational purposes only. It does not constitute
financial advice, and no content within this document should be
considered as a recommendation or endorsement to engage in any
specific trading or investment activity. Trading in financial markets
involves risk, and individuals should conduct their own research and
seek professional advice before making any investment decisions.
The author of this PDF/document does not assume any responsibility
for the accuracy, completeness, or relevance of the information
provided. All readers are encouraged to consult with a qualified
financial advisor or professional before making any financial
decisions. Any actions taken based on the information in this
PDF/document are at the sole discretion and risk of the reader.
By accessing this PDF/document, you acknowledge and agree that
the author, publisher, and distributors are not responsible for any
losses or damages that may occur as a result of the use of the
information presented in this document. The content is provided "as
is" without any warranties, expressed or implied.
The content of this document may not be accurate, up-to-date, or
applicable to individual circumstances. It is advisable to verify any
information and seek professional advice before making financial
decisions.
Table of Contents
DISCLAIMER:
2
Table of Contents
3
Introduction
4
Power of Three.
5
The Devil’s Mark.
6
Type of Development
7
Expectations
9
Lower Timeframe Premise
10
4H PO3 - Devil’s Mark
11
4H PO3 - Devil’s Mark Example 2
13
More Examples
14
Introduction
Hello MonsterLab! This pdf will be an in-depth guide to The Power of Three,
more specifically The Devil’s Mark. If you haven’t already, I recommend
reading the previous PDFs: ‘Standard Deviation + PO3’ & ‘IOF + Standard
Deviation Theory’. These concepts were initially outlined/discovered by ICT
(Michael Huddleston) however have been taken further with the
independent research of TraderDext3r (MonsterLab).
This pdf is exclusive for MonsterLab members only so please do not share
without consent.
TraderDext3r - MonsterLab Founder
🧪
ICT Charter / 4.5 Years Experience
STDV Theory
Before we dive into the concepts I need to
give full credit to Dexter, please see the QR
Code for all the links to his social media.
Be sure to follow, subscribe and study his
content.
Who am I? - po3trader
Day trader of Indices & Forex markets
6 years trading experience
Primarily trades PO3 during NY AM session
Pairs I trade: NAS, SPX & GU
Entry Model: 4H PO3 + STDv
Student of ICT / MonsterLab Trader
🧪
Power of Three.
Before we dive into the Devil’s Mark, here’s a quick overview of a Power of Three
and what it entails:
Elements to a PO3 - Indicator : ‘HTF Power of Three’ by toodegrees
Accumulation
Manipulation
Power of 3.
Distribution
Please see this example of this Monthly PO3 which shows the Accumulation,
Manipulation & Distribution phases. This all occurs within a single candle - see
the Monthly Candle to the right of the price action. This applies to ANY PO3 candle
of your liking.
The Devil’s Mark.
What is ‘The Devil’s Mark’?
The Devil’s Mark is a type of Power of Three where a candle opens and
starts its expansion without creating a wick. When this occurs it is highly
likely that price will come back to print the wick within the current PO3.
NQ Daily Timeframe - Weekly PO3
Note how price opens and immediately starts it Expansion without creating
a bottom wick. This is ‘The Devil’s Mark’ and price is likely to reverse during
the current PO3 lifespan to print the bottom wick.
Once identified it is important to note which Standard Deviation we are in,
this will allow us to anticipate the type of development.
Let’s take a look.
Type of Development
When a candle opens within a specific Standard Deviation this helps us
identify what is likely to unfold:
If the PO3 in development opens within 2 - 2.5 Standard Deviations we
expect Retracement / Reversals.
If the PO3 in development opens within 1 - 1.5 Standard Deviations we
expect Re-Accumulation / Re-Distribution to occur, continuations to 2 - 2.5
Standard Deviation are likely.
Using the IPDA Look-back function we can identify the Main Range and use
the Fib tool from low to high to outline the Main Range Projections:
In this example on NQ Daily Timeframe, we are projecting from the lowest
discernible price leg of IPDA (60 Day Look-back). The current Weekly
Candle opens with 2-2.5 STDV. PO3 TYPE: THE DEVIL’S MARK.
NQ - 1D TF:
Expectations
We now expect Retracement / Reversals to Equilibrium of the Current Range (long
term) however with the The Devil’s Mark identified, we can take advantage of the
current Weekly PO3 and expect it to print the wick low.
NQ - 1H TF:
NQ - LTF
Lower Timeframe Premise
Scaling to the 15m/30m TF we identify:
- LTF Ranges
- Premium Market
- Price within Retracement / Reversal zone
- Low to be printed in the Weekly PO3
The Weekly PO3 Candle reverses to print the Low of the Wick with speed.
Remember price is fractal, in the example above we cover the Weekly PO3,
now let’s delve into some lower timeframe examples for your notes.
4H PO3 - Devil’s Mark
10:00 4H Opens immediately expands to the upside with no bottom wick
printed. The Devil’s Mark conditions are now in effect.
Note we have our Main Range projected and price currently is within 2-2.5
Standard Deviations = Retracement / Reversal Profile.
Dropping down to LTF, we can take advantage:
NQ 1m
- Expecting 4H to print the bottom wick:
- Price prints the bottom wick during the lifespan of the 4H PO3 and
completes 4 STDV.
4H PO3 - Devil’s Mark Example 2
More Examples
I urge you to go to your charts and see this for yourself, if you have doubts, study
these examples compiled by Disciplined_Trader:
-
Day trader of Indices
-
Pairs I trade: NQ, ES
-
Entry model: 4H PO3 + STDV + MMXM
-
Student of ICT & Dexter - MonsterLabs
🧪