GraniteChief wrote: Thu Jan 30, 2025 9:39 pm Hi traders / coders,

Does anyone have an MT5 version of EOTF with change of colour on slope change? Price crossing is easy to spot but slope change is more difficult. If someone has a version with both options then that would be amazing!

Kind regards,
GC

Hello, have this version, you can choose color change on slope or on price cross.

mrtools wrote: Fri Jan 31, 2025 1:33 am Hello, have this version, you can choose color change on slope or on price cross.

Thank you @mrtools for being so responsive and helpful.
Kind regards,
GC

mrtools wrote: Tue Oct 17, 2023 2:39 am Added alerts and arrows.

Thanks mrtools for the indicator, please can you add a yellow bar to give a sign of change in the next colors. for example before an arrow comes up, a bar should comes first in the bar. with this we know that bar would change colour and new arrow coming out.thanks

Tayejohn wrote: Sat Feb 01, 2025 3:53 am Thanks mrtools for the indicator, please can you add a yellow bar to give a sign of change in the next colors. for example before an arrow comes up, a bar should comes first in the bar. with this we know that bar would change colour and new arrow coming out.thanks

Hello, far as I'm aware there is it can't be done in a non-repainting way, because the bar will always be changing before it closes.

Optimized Trend Tracker

I found this code on TradingView and converted it to MT5.
Only basic MAs, no arrows for signals but buffer for direction.

"Optimized Trend Tracker OTT is an indicator that provides traders to find an existing trend or in another words to ser which side of the current trend we are on.

We are under the effect of the uptrend in cases where the prices are above OTT ,
under the influence of a downward trend, when prices are below OTT
it is possible to say that we are.

The first parameter in the OTT indicator set by the two parameters is the period/length.

OTT will be much sensitive to trend movements if it is smaller. And vice versa, will be less sensitive when it is longer.

As the period increases it will become less sensitive to little trends and price actions.

In this way, your choice of period, will be closely related to which of the sort of trends you are interested in.

The OTT percent parameter in OTT is an optimization coefficient. Just like in the period
small values ​​are better at capturing short term fluctuations, while large values
will be more suitable for long-term trends."