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Optimized Trend Track OTT

50 USD

Démo téléchargée: 44

Publié: 23 février 2023

Version actuelle: 1.0

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Optimized Trend Track OTT

Indicateurs
Erol Mutlu
Version: 1.0
Activations: 5

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

plus...

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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$Murrey Math Line$

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

50 USD

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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