KivancOzbilgic

Optimized Trend Tracker

A brand new indicator from the developer of MOST (Moving Stop Loss) indicator Anıl Özekşi.

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.


You can use OTT default alarms and Buy Sell signals like:

1-
BUY when Prices are above OTT
SELL when Prices are below OTT

2-
BUY when OTT support Line crosses over OTT line.
SELL when OTT support Line crosses under OTT line.

3-
BUY when OTT line is Green and makes higher highs.
SELL when OTT line is Red and makes lower lows.



Note: A small coverage with English subtitles will be available on my Youtube Channel soon.

Remove from Favorite Scripts Add to Favorite Scripts
Twitter: @kivancozbilgic
Youtube: http://youtube.com/c/kivancozbilgic

Comments

Kıvanç hocam ellerinize sağlık. Faydalı bir trend takipçisi olmuş.

Ben genelde kullandığım indikatörlerin periyotlarını sizin aracılığınızla tanıdığım Ehlers'in Dominant Cycle Period değerini kullanarak adaptif hale getiriyorum. Böylece tabiri caizse daha smooth bir takipçi elde ediyorum.

Aşağıda adaptif ve non-adaptif OTT indikatörünün ekran görüntüsünü de bırakıyorum.

İyi çalışmalar!

+8 Reply
@aytug_, iyi fikir, paylaşım için teşekkürler
+2 Reply
Emeğinize sağlık, teşekkürler. Borsa İstanbul için period ve percent değerleri öneriniz nedir hocam?
+7 Reply
Hey KivancOzbilgic haven't seen your post for a while how are you?

This indicator so easy to read, simple and works. Good job bro! Thanks for sharing to us =D
+2 Reply
@ICEKI, thank you for your kind words
Reply
@MarxBabu, thank you
Reply
Thanks a lot for your job and share it.
+1 Reply
Elinize, emeğinize yüreğinize sağlık hocam, saygılar sevgiler..
+1 Reply
@Pardesse, sevgiler selamlar
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out