PROTECTED SOURCE SCRIPT
Trader Otto - FairPrice Arbitrage WDO/BRL [BlackBox]
DESCRIPTION:
🚀 The Holy Grail of Institutional Arbitrage for Dollar Futures (WDO/BRL)
This is not just another support and resistance indicator. The Otto FairPrice BlackBox is an advanced quantitative tool that calculates, in real-time, the Fair Value of the Dollar based on fundamental banking arbitrage premises: the Interest Rate Parity (DI Futures) and global currency strength (DXY).
Forget subjective chart analysis. Trade based on the financial mathematics used by major Market Makers.
🔥 The "Core" Strategy (The Math):
The algorithm continuously monitors the correlation between DI1F (Future Interest Rates) and DXY (Global Dollar Index) to project where the WDO price should be. When the market price deviates from this calculation, an arbitrage opportunity arises.
🛠️ Features & Technical Arsenal
1. 🎯 FairPrice Levels (Quantitative Value)
Fair & True Fair (Justo/Justíssimo): Dashed lines showing the exact currency value corrected by Interest Rates and DXY.
Volatility Bands (Max/Min): Calculated based on the VIX (Fear Index), indicating statistical extremes of price exhaustion.
2. 📊 VTC (Tourism Fair Value) + Bands
A unique feature of this algorithm. It monitors the "Tourism Dollar" spread in real-time, highlighting defense zones where exchange houses and treasuries tend to protect positions.
Includes Fluctuation Bands (25% and 50%) for precise entry refinement.
3. 🛡️ Decision Points
Automatic plotting of crucial levels from the previous trading session, vital for Day Trading:
Previous Settlement (Ajuste): The official B3 reference price.
High & Low (D-1): Residual liquidity from the previous day.
Opening (Water Line): The current day's zero mark.
4. 📈 Percentage Variation Projections
No more calculators. The robot automatically projects percentage variation lines (0.5%, 1.0%, 1.5%... up to 3.0%) onto the chart based on the Official Settlement, allowing you to anticipate technical exhaustion levels.
5. 🕹️ "Command Center" Dashboard
A side control panel monitoring Macro flow in real-time:
Status: Indicates if the robot is capturing data or locked due to volatility.
WDO vs FairPrice: Displays the Spread (gap) in points.
Correlations: Monitors WIN (Index) and 6L (Real at CME/Chicago) trends for confirmation.
⚠️ How to Use (Suggested Setup)
Confluence: Look for trades where the price touches a Quantitative Level (e.g., True Fair or 1% Variation) + Technical Signal (e.g., Dynamic Sup/Res).
Spread: Watch the Dashboard. If the "Spread" is high (>20 pts), the market is distorted. The tendency is for the price to seek mean reversion (Fair Line).
Defense: Use VTC lines and Percentage Variations as Take Profit targets or reversal points.
💎 Developed by Trader Otto
Mastery in Quantitative Algorithms and Order Flow.
🚀 The Holy Grail of Institutional Arbitrage for Dollar Futures (WDO/BRL)
This is not just another support and resistance indicator. The Otto FairPrice BlackBox is an advanced quantitative tool that calculates, in real-time, the Fair Value of the Dollar based on fundamental banking arbitrage premises: the Interest Rate Parity (DI Futures) and global currency strength (DXY).
Forget subjective chart analysis. Trade based on the financial mathematics used by major Market Makers.
🔥 The "Core" Strategy (The Math):
The algorithm continuously monitors the correlation between DI1F (Future Interest Rates) and DXY (Global Dollar Index) to project where the WDO price should be. When the market price deviates from this calculation, an arbitrage opportunity arises.
🛠️ Features & Technical Arsenal
1. 🎯 FairPrice Levels (Quantitative Value)
Fair & True Fair (Justo/Justíssimo): Dashed lines showing the exact currency value corrected by Interest Rates and DXY.
Volatility Bands (Max/Min): Calculated based on the VIX (Fear Index), indicating statistical extremes of price exhaustion.
2. 📊 VTC (Tourism Fair Value) + Bands
A unique feature of this algorithm. It monitors the "Tourism Dollar" spread in real-time, highlighting defense zones where exchange houses and treasuries tend to protect positions.
Includes Fluctuation Bands (25% and 50%) for precise entry refinement.
3. 🛡️ Decision Points
Automatic plotting of crucial levels from the previous trading session, vital for Day Trading:
Previous Settlement (Ajuste): The official B3 reference price.
High & Low (D-1): Residual liquidity from the previous day.
Opening (Water Line): The current day's zero mark.
4. 📈 Percentage Variation Projections
No more calculators. The robot automatically projects percentage variation lines (0.5%, 1.0%, 1.5%... up to 3.0%) onto the chart based on the Official Settlement, allowing you to anticipate technical exhaustion levels.
5. 🕹️ "Command Center" Dashboard
A side control panel monitoring Macro flow in real-time:
Status: Indicates if the robot is capturing data or locked due to volatility.
WDO vs FairPrice: Displays the Spread (gap) in points.
Correlations: Monitors WIN (Index) and 6L (Real at CME/Chicago) trends for confirmation.
⚠️ How to Use (Suggested Setup)
Confluence: Look for trades where the price touches a Quantitative Level (e.g., True Fair or 1% Variation) + Technical Signal (e.g., Dynamic Sup/Res).
Spread: Watch the Dashboard. If the "Spread" is high (>20 pts), the market is distorted. The tendency is for the price to seek mean reversion (Fair Line).
Defense: Use VTC lines and Percentage Variations as Take Profit targets or reversal points.
💎 Developed by Trader Otto
Mastery in Quantitative Algorithms and Order Flow.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.