Optimized Trend Tracker OTT

Optimized Trend Tracker OTT

Optimized Trend Tracker (OTT) Indicator

The Optimized Trend Tracker (OTT) is a custom indicator designed to visualize trend direction and potential changes based on a configurable moving average and dynamic support/resistance levels. It provides multiple visualization and signal options, making it suitable for discretionary analysis or integration into automated systems.

Key Features

• Configurable Moving Average Types
  Supports SMA, EMA, WMA, TMA, VAR, WWMA, ZLEMA, and TSF for flexible calculation.

• Dynamic Support Line
  Option to display a support line based on the selected moving average.

• Trend Tracking Line (OTT)
  Automatically adjusts above or below price depending on market direction.

• Signal Options

  • Signals on moving average and OTT crossings

  • Signals on price and OTT crossings

  • Signals on OTT color changes

  • Optional highlighting of uptrend and downtrend zones

• Custom Visualization
  Ability to show or hide support line, color highlights, and label-based signals for a clear chart display.

Inputs

• Source – Price input for calculation.

• OTT Period – Length for the moving average.

• OTT Percent – Sensitivity factor for stop and OTT calculation.

• Show/Hide Options – Enable or disable support line, signals, and highlights.

• Moving Average Type – Select from multiple calculation methods.

Buffers

• Buy and sell signal buffers (based on moving average, price, and OTT conditions).

• Color-change signal buffers for OTT line.

• Highlighting buffers for uptrend and downtrend visualization.

Notes

• This indicator is intended for analytical purposes only.

• It can be used in the MT5 Strategy Tester for exploring different input combinations.

• Buffers are available for Expert Advisor integration.