What it does
The MT5 edition of STDV PO3 v1.0. It finds the manipulation leg that makes a higher-timeframe window's high or low, marks the change in the state of delivery (CISD) with an arrow, and draws standard-deviation projections and zones from that leg.
How it works
- The PO3 window is a higher-timeframe bar chosen automatically from the chart timeframe (or set manually).
- A run of down (up) candles that makes the window low (high) is the manipulation leg.
- A close beyond the open of the leg's first candle is the CISD; decisions are made on closed bars.
- Projections use 0 = CISD level and 1 = leg extreme, with −1 to −1.5, −2 to −2.5 and −3.5 to −4 shaded as zones.
- A body close beyond −4 re-anchors the projection; beyond −4 on the last anchor is marked as the terminus, and a close back beyond 1 invalidates the structure.
How to use it
Attach it to an M1–M15 chart. Read −2/−2.5 as the first reaction area and −4 as completion. Alerts fire on new CISD structures so you can review them instead of watching the chart.
Settings
| Input | Default | What it changes |
|---|---|---|
| PO3 window | Current (automatic) | Which higher-timeframe bar defines the leg |
| Bars to scan | 3000 | How much history is processed on load |
| Leg must make the window high/low | true | Strictness of leg detection |
| Min leg size | 0.3 × ATR | Filters small legs |
| Projection levels | −1 … −4 | Lines drawn |
Limitations
Like the TradingView version, it maps levels and does not decide trades. It processes a fixed number of bars, so very old structures are not drawn.