Optimized Trend Tracker Oscillator
- Indicatori
- Mohammad Taher Halimi Tabrizi
- Versione: 1.0
- Attivazioni: 5
A precision-engineered trend tracking oscillator designed for traders who demand clarity, adaptability, and multi-layered signal confirmation. OTTO combines adaptive volatility modelling, advanced moving averages, and trend-stop logic to produce an oscillator that reacts intelligently to market structure rather than noise.
This indicator is suitable for traders who want early trend detection, dynamic stop-zones, and visually clean cross-over signals without repainting.
It does not place trades and does not guarantee profit. Use at your own discretion.
Key Features
1. Adaptive Volatility Engine (VAR / CMO-Driven Smoothing)
The indicator uses a two-stage volatility adaptation mechanism:
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Stage 1: Calculates a CMO-weighted adaptive value of the source price.
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Stage 2: Applies a second volatility-adjusted smoothing to the transformed price array.
This structure allows the oscillator to respond quickly during high momentum while avoiding false signals in ranging markets.
2. Multi-Type Moving Average Framework (10 modes)
Choose from multiple MA types for the oscillator baseline:
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SMA
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EMA
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WMA
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DEMA
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TMA
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VAR Adaptive MA
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WWMA
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ZLEMA
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TSF
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Hull MA
Every MA is internally optimized for buffer-based calculations to ensure speed and accuracy even during heavy backtests.
3. Trend-Stop Logic (OTT Core Mechanism)
The oscillator uses an optimized trend-stop system based on:
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Calculated baseline
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Dynamic offset (% factor)
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Trend direction switching
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Long-stop and short-stop stabilization logic
This creates a stable trend tracker that adapts to price acceleration and deceleration.
4. Clean OTTO Visualization
The indicator draws two main components:
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HOTT: The optimized trend-stop value
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LOTT: The transformed data stream
A filling zone makes trend changes visually clear without clutter.
5. Buy and Sell Signal Markers (Optional)
When enabled, the indicator generates crossover-based signals based on HOTT and LOTT interactions:
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Buy when HOTT crosses below LOTT
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Sell when HOTT crosses above LOTT
These signals are plotted with arrows using Wingdings for high visibility.
6. Theme Customization
Includes optional light theme auto-configuration, adjusting chart colors, background, grid, candle colors, and price lines for comfortable viewing.
7. Built-in Testing Panel (Optional)
The indicator includes a full backtest visualization mode for manual evaluation:
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Buy/Sell counters
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Total and winning trades
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Win rate
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Direction status
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TP/SL simulation using points
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Adjustable start date for custom ranges
All elements are displayed in a floating panel with movable UI buttons.
8. Alerts and Notifications
Optional alert system with support for:
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Terminal alerts
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Push notifications
Alerts trigger only on new confirmed signals.
9. Non-Repainting Structure
All signals are generated on closed candles.
The indicator does not repaint previous values.
Inputs Overview
Core Inputs
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OTT period
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Percent offset
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Fast/slow VIDYA lengths
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Correcting constant
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MA type
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Source price
Display and Functionality Options
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Show/Hide crossover signals
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Light theme mode
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Tester mode with TP/SL rules and start date
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Alerts and push notifications
Important Notes
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This indicator is for educational and analytical purposes only.
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It does not guarantee profit or provide investment advice.
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Always test thoroughly before using in live trading.
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Market conditions can change; use this tool as part of a broader strategy.
