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Cập nhật Dynamic OTE by AKG
Title: Dynamic OTE (Optimal Trade Entry) by AKG
Description:
The Dynamic OTE by AKG is a streamlined price action indicator designed to automatically identify and highlight Optimal Trade Entry (OTE) zones on your chart.
By continuously tracking daily price action extremes, this tool calculates high-probability retracement zones, keeping your charts clean and your focus on the dominant trend. It anchors its calculations using the Previous Day High/Low (PDH/PDL) and the Current Day High/Low (CDH/CDL).
Key Features:
- Auto-Trend Filtering: The indicator calculates the range displacement of both bullish and bearish setups. By default, it automatically detects the dominant direction and only displays the relevant OTE box, preventing chart clutter.
- Precision OTE Levels: The drawn zones highlight the classic 62% to 79% retracement levels of the tracked daily ranges.
- Manual Override: If you prefer to see both sides of the market or want to manually dictate your bias, simply toggle off the "Auto-Filter" in the settings. You can then independently turn the Bullish and Bearish zones on or off.
- Dynamic Visuals: The indicator draws clean, colored boxes on the most recent price action. The boxes automatically update as the Current Day High or Low expands.
- Customizable Aesthetics: Easily adjust the colors of both the bullish and bearish OTE zones to fit your personal chart theme.
How to Use:
This tool is ideal for traders looking to enter pullbacks within an established daily expansion. When price retraces into the highlighted OTE box (between the 0.62 and 0.79 levels), look for your standard entry confirmations or lower-timeframe shifts in market structure to join the trend.
Description:
The Dynamic OTE by AKG is a streamlined price action indicator designed to automatically identify and highlight Optimal Trade Entry (OTE) zones on your chart.
By continuously tracking daily price action extremes, this tool calculates high-probability retracement zones, keeping your charts clean and your focus on the dominant trend. It anchors its calculations using the Previous Day High/Low (PDH/PDL) and the Current Day High/Low (CDH/CDL).
Key Features:
- Auto-Trend Filtering: The indicator calculates the range displacement of both bullish and bearish setups. By default, it automatically detects the dominant direction and only displays the relevant OTE box, preventing chart clutter.
- Precision OTE Levels: The drawn zones highlight the classic 62% to 79% retracement levels of the tracked daily ranges.
- Manual Override: If you prefer to see both sides of the market or want to manually dictate your bias, simply toggle off the "Auto-Filter" in the settings. You can then independently turn the Bullish and Bearish zones on or off.
- Dynamic Visuals: The indicator draws clean, colored boxes on the most recent price action. The boxes automatically update as the Current Day High or Low expands.
- Customizable Aesthetics: Easily adjust the colors of both the bullish and bearish OTE zones to fit your personal chart theme.
How to Use:
This tool is ideal for traders looking to enter pullbacks within an established daily expansion. When price retraces into the highlighted OTE box (between the 0.62 and 0.79 levels), look for your standard entry confirmations or lower-timeframe shifts in market structure to join the trend.
Phát hành các Ghi chú
Title: Dynamic OTE (Optimal Trade Entry) by AKGDescription:
The Dynamic OTE by AKG is a streamlined price action indicator designed to automatically identify and highlight Optimal Trade Entry (OTE) zones on your chart.
By continuously tracking daily price action extremes, this tool calculates high-probability retracement zones, keeping your charts clean and your focus on the dominant trend. It anchors its calculations using the Previous Day High/Low (PDH/PDL) and the Current Day High/Low (CDH/CDL).
Key Features:
- Auto-Trend Filtering: The indicator calculates the range displacement of both bullish and bearish setups. By default, it automatically detects the dominant direction and only displays the relevant OTE box, preventing chart clutter.
- Precision OTE Levels: The drawn zones highlight the classic 62% to 79% retracement levels of the tracked daily ranges.
- Manual Override: If you prefer to see both sides of the market or want to manually dictate your bias, simply toggle off the "Auto-Filter" in the settings. You can then independently turn the Bullish and Bearish zones on or off.
- Dynamic Visuals: The indicator draws clean, colored boxes on the most recent price action. The boxes automatically update as the Current Day High or Low expands.
- Customizable Aesthetics: Easily adjust the colors of both the bullish and bearish OTE zones to fit your personal chart theme.
How to Use:
This tool is ideal for traders looking to enter pullbacks within an established daily expansion. When price retraces into the highlighted OTE box (between the 0.62 and 0.79 levels), look for your standard entry confirmations or lower-timeframe shifts in market structure to join the trend.
Phát hành các Ghi chú
V3 Final Changelog:I've found some bugs & fixed it properly.
Now everything looks perfect to me, If any bugs I found in future, then I'll fix it.
Phát hành các Ghi chú
THE ENDI'm sorry, I've to cipher my code, cause TV not facilitate to make any change after you upload the script.
And, I hope you can decipher the code & read my hidden message.
Good Bye.
Phát hành các Ghi chú
Hi Guys, I came back cause I'm still seeing & getting soo many boosts of this indicator even I completely erased/destroyed the logic, Idk how but it convinced me to get back & I'm going to provide the full final fixed code now.I hope this indicator will help you in your trading journey, and thank you soo much for using this indicator.
Happy & Good luck Guys in your trading Journey : )
Phát hành các Ghi chú
Final Closure Build.Thank U so far to all for using this Indicator.
Mã nguồn mở
Theo đúng tinh thần TradingView, tác giả của tập lệnh này đã công bố nó dưới dạng mã nguồn mở, để các nhà giao dịch có thể xem xét và xác minh chức năng. Chúc mừng tác giả! Mặc dù bạn có thể sử dụng miễn phí, hãy nhớ rằng việc công bố lại mã phải tuân theo Nội quy.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
Mã nguồn mở
Theo đúng tinh thần TradingView, tác giả của tập lệnh này đã công bố nó dưới dạng mã nguồn mở, để các nhà giao dịch có thể xem xét và xác minh chức năng. Chúc mừng tác giả! Mặc dù bạn có thể sử dụng miễn phí, hãy nhớ rằng việc công bố lại mã phải tuân theo Nội quy.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.