OPEN-SOURCE SCRIPT

OTT + Supertrend - cift Teyit v3

202
OTT + Supertrend Strategy - Brief Explanation
This is a technical analysis strategy combining two popular trend-following indicators:
OTT (Optimized Trend Tracker):

Uses VAR moving average and ATR (Average True Range)
Tracks price movements in an optimized way
Determines trend direction and strength

Supertrend:

ATR-based indicator
Creates dynamic support/resistance levels above or below price
Green line indicates uptrend, red line indicates downtrend

Combined Usage:

Provides strong trend confirmation when both indicators signal the same direction
OTT green + Supertrend green = Buy signal
OTT red + Supertrend red = Sell signal
Reduces false signals and confirms trend strength

Advantages: Double confirmation system, more reliable entry-exit points, early warning on trend changes
Caution: May generate false signals in sideways markets, should be supported with additional indicators.

Aviso legal

As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.