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Optimized Trend Track OTT

4

Optimized Trend Tracker OTT is an indicator that provides traders to find an existing trend or in another words to ser which side of the current trend we are on.

We are under the effect of the uptrend in cases where the prices are above OTT ,
under the influence of a downward trend, when prices are below OTT
it is possible to say that we are.

The first parameter in the OTT indicator set by the two parameters is the period/length.

OTT will be much sensitive to trend movements if it is smaller. And vice versa, will be less sensitive when it is longer.

As the period increases it will become less sensitive to little trends and price actions.

In this way, your choice of period, will be closely related to which of the sort of trends you are interested in.

The OTT percent parameter in OTT is an optimization coefficient. Just like in the period
small values ​​are better at capturing short term fluctuations, while large values
will be more suitable for long-term trends.

In addition, when OTT is used with the support line in it, buy and sell signals
it will become a producing indicator.

P.S: Original code: Link

Thanks Anıl Özekşi and Kıvanç Özbilgiç


İncelemeler 1
Gotland
31
Gotland 2023.05.10 05:54 
 

Hi fellow traders! I like this one. I use it as an filter for, long above and short below. Much better than (E)MA 200. Can be used for free on TradingView. Brgds

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Gartley Hunter Multi - An indicator for searching for harmonic patterns simultaneously on dozens of trading instruments and on all classic timeframes: (m1, m5, m15, m30, H1, H4, D1, Wk, Mn). Manual (Be sure to read before purchasing) | Version for MT4 Advantages 1. Patterns: Gartley, Butterfly, Shark, Crab. Bat, Alternate Bat, Deep Crab, Cypher 2. Simultaneous search for patterns on dozens of trading instruments and on all classic timeframes 3. Search for patterns of all possible sizes. Fr
XQ Indicator MetaTrader 5
Marzena Maria Szmit
5 (1)
Step into the realm of Forex trading with confidence and precision using XQ, a cutting-edge Forex indicator designed to elevate your trading game to unprecedented heights. Whether you're a seasoned trader or just stepping into the world of currency exchange, XQ Forex Indicator empowers you with the insights and signals needed to make informed trading decisions. The signal conditions are a combination of three indicators, and XQ Forex Indicator only display  medium and long-term trends . The ind
Auto Order Block with break of structure based on ICT and Smart Money Concepts (SMC) Futures Break of Structure ( BoS )             Order block ( OB )            Higher time frame Order block / Point of Interest ( POI )    shown on current chart           Fair value Gap ( FVG ) / Imbalance   -  MTF      ( Multi Time Frame )    HH/LL/HL/LH  -  MTF      ( Multi Time Frame )  Choch  MTF      ( Multi Time Frame )  Volume Imbalance     ,  MTF          vIMB Gap’s Equal High / Low’s     ,
Introducing the South African Sniper indicator created by a small group of traders with a few years trading trading the financial market profitably . This is a plug and play indicator that provides you with  BUY and SELL (SNIPER ENTRY) signals with TARGET and trail stops. The indicator Works with all MT5 trading instruments. The indicator uses previous  chart data as receipt to speculate on future market moves.  "The South African Sniper indicator community are very happy with the indicator an
Blahtech Supply Demand MT5
Blahtech Limited
4.57 (14)
Was: $299  Now: $99   Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings
Golden Gate Algo MT5
James David Lane
4 (6)
CHRISTMAS İÇİN %40 İNDİRİM! 1 OCAK'TA FİYATI $250'YE YÜKSELECEK! GoldenGate Entries Tanıtımı: Keskin Kenarlı Bir Ticaret Çözümü! GoldenGate Entries (GGE) ile ticarette devrim niteliğinde bir yaklaşım keşfedin. GGE, ticaret deneyiminizi yükseltmek amacıyla tasarlanmış gelişmiş bir gösterge olup kullanıcılara ticaret kararlarında hassasiyet ve güven sağlamak için kapsamlı bir özellik seti sunar. Çiftler: Herhangi biri (FX - Emtia - Hisse Senetleri - Hisse Senetleri - Kripto) Zaman Çerçeve
FX Power MT5 NG
Daniel Stein
5 (5)
Sabah Brifingimiz burada mql5 ve on Telegram! FX Power MT5 NG , uzun zamandır çok popüler olan döviz gücü ölçerimiz FX Power'ın yeni neslidir. Peki bu yeni nesil güç ölçer ne sunuyor? Orijinal FX Power hakkında sevdiğiniz her şey PLUS GOLD/XAU güç analizi Daha da hassas hesaplama sonuçları Ayrı ayrı yapılandırılabilir analiz dönemleri Daha da iyi performans için özelleştirilebilir hesaplama limiti Özel çokluDaha fazlasını görmek isteyenler için örnek ayarlar Her grafikte en sevdiğiniz renkler i
The Price Action Finder Multi indicator is an indicator of entry points that searches for and displays Price Action system patterns on dozens of trading instruments and on all standard time frames: (m1, m5, m15, m30, H1, H4, D1, Wk, Mn). The indicator places the found patterns in a table at the bottom of the screen. By clicking on the pattern names in the table, you can move to the chart where this pattern is located. Manual (Be sure to read before purchasing) | Version for MT4 Advantages 1. Pa
Golden Spikes Detector
Batsirayi L Marango
5 (1)
Golden Spikes Detector This indicator is based on an advanced strategy primarily for trading spikes on Boom and Crash Indices. Complex algorithms were implemented to detect high probability entries only. It alerts on potential Buy and Sell entries. To trade spikes on the Deriv or Binary broker, only take Buy Boom and Sell Cash alerts. It was optimised to be loaded on 5-minute timeframe although multiple timeframe analysis is done in the background. Features ·             Desktop pop up and sound
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An oscillator that shows price changes and identifies areas of overbought and oversold. It can also show trend reversal points. WaveTrend Oscillator is a port of a famous TS /MT indicator. When the oscillator is above the overbought band (red lines) and crosses down the signal (solid line), it is usually a good SELL signal. Similarly, when the oscillator crosses above the signal when below the Oversold band (green lines), it is a good BUY signal. Good luck.
Murrey Math Lines The concept of this technical analysis system was developed by T. Henning Murrey in 1995 and described in The Murrey Math Trading System; For All Markets. The main concept here is that all markets behave in the same manner based upon the observations made by W.D. Gann. To date, the Murrey Math Line X it is one the most popular methods of Forex analysis and trading. Formula The Murrey Math Line X is calculated with the help of price movement segment, which, in accordance to Gan
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Gotland
31
Gotland 2023.05.10 05:54 
 

Hi fellow traders! I like this one. I use it as an filter for, long above and short below. Much better than (E)MA 200. Can be used for free on TradingView. Brgds

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