original version of OTT:
OTT Strategy and Screener:
You can find a detailed explanation with subtitles from the developer of OTT Anıl Özekşi himself as: "Toy Borsacı İçin OTT Kullanım Kılavuzu 2"
-Backtested with (40/1) OTT and 0.006 coefficient parameters (26/12/9) of TOTT on BTCUSDT daily Binance chart
-Backtested initial capital updated to 1000USD
-Order size set as 1000USD
-Commission is set to 0.1% same as this is a Binance chart so 0.1% is the default user level on that exchange
-Slippage set to 100 ticks which could be meaningful
YouTube (Turkish): youtube.com/c/kivancozbilgic
YouTube (English): youtube.com/c/AlgoWorld
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.