OTT | OTT | OTT | |
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 see 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. the source of this indicator is got from Tradingview and I have just converted to MT5. | |
Related Link: Click here to visit item owner's website (0 hit) | |
Target Prov.: All Provinces Target City : All Cities Last Update : Apr 04, 2025 12:56 AM Number of Views: 19 | Item Owner : mql5 Contact Email: Contact Phone: 07358409127 |
Friendly reminder: Click here to read some tips. |