OTT - Optimized Trend Tracker
OTT (Optimized Trend Tracker): Developed by An?l Ozeksi, the OTT is an indicator that helps traders identify the current trend direction. When prices are above the OTT, it indicates an uptrend, and when prices are below the OTT, it signifies a downtrend. The sensitivity of the OTT to trend movements is determined by the period/length parameter: shorter periods make the OTT more sensitive to short-term trends, while longer periods make it less sensitive. The OTT percent parameter serves as an optimization coefficient, with smaller values capturing short-term fluctuations and larger values suiting long-term trends.