OPEN-SOURCE SCRIPT
Stochastic Optimized Trend Tracker *Strategy*
Stochastic OTT is Anıl Özekşi's latest derived version of Optimized Trend Tracker on Stochastic Oscillator.
He tried to solve the fake signals of Stochastic Oscillator by adopting OTT on the indicator.
He advised users to set the stochastic smoothing parameters to 500 and 200 on his latest video about SOTT.
He personally uses 1 min charts on stock market so the parameters of the indicator might have to be optimized for other time frames nad markets.
He exaggerated the Stochastic to 1000's to have better signals of percent values of OTT .
Also hes used VIDYA in both calculations of OTT and Stochastic smoothing.
Said, Kıvanç Özbilgiç.
I just made a Strategy version of the script so that we lads can backtest it. The codes for that are yet again from Kıvanç Özbilgiç :) I just copy-pasted a few and did some adjustments. Hope you enjoy!
#betonyetmez
He tried to solve the fake signals of Stochastic Oscillator by adopting OTT on the indicator.
He advised users to set the stochastic smoothing parameters to 500 and 200 on his latest video about SOTT.
He personally uses 1 min charts on stock market so the parameters of the indicator might have to be optimized for other time frames nad markets.
He exaggerated the Stochastic to 1000's to have better signals of percent values of OTT .
Also hes used VIDYA in both calculations of OTT and Stochastic smoothing.
Said, Kıvanç Özbilgiç.
I just made a Strategy version of the script so that we lads can backtest it. The codes for that are yet again from Kıvanç Özbilgiç :) I just copy-pasted a few and did some adjustments. Hope you enjoy!
#betonyetmez
Script open-source
In pieno spirito TradingView, l'autore di questo script lo ha pubblicato open-source, in modo che i trader possano comprenderlo e verificarlo. Un saluto all'autore! È possibile utilizzarlo gratuitamente, ma il riutilizzo di questo codice in una pubblicazione è regolato dal nostro Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.
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