The OTT, CCI, OBV, EMA Strategy is a high-precision trend-following and momentum-based trading system designed to capture profitable opportunities in all market conditions. By combining the Optimal Trend Tracker (OTT), Commodity Channel Index (CCI), On-Balance Volume (OBV), and Exponential Moving Average (EMA), this strategy provides high-probability buy and sell signals with well-defined risk management parameters.
๐น Key Features:
โ OTT-Based Trend Detection โ Identifies bullish and bearish market conditions with precision. โ CCI Entry & Exit Confirmation โ Filters trades with momentum validation. โ OBV Volume Analysis โ Confirms trend strength based on smart money movements. โ EMA-Based Exits โ Ensures optimal trade closures for maximizing profits. โ Adaptive Stop-Loss & Take-Profit โ ATR, Percentage, and PIP-based options for customizable risk management. โ ADX Momentum Filter โ Avoids low-volatility, choppy markets for better trade accuracy. โ Multi-Timeframe Trend Filter โ Aligns trades with the broader market direction for improved success rates. โ Session & Day Filters โ Trade only during preferred market hours for better consistency.
๐ฏ How It Works:
1๏ธโฃ Bullish Entry:
โ OTT signals an uptrend (MAvg crosses OTT level). โ CCI is above the oversold level (-100), confirming momentum. โ OBV is above its moving average, indicating strong volume participation.
2๏ธโฃ Bearish Entry:
โ OTT signals a downtrend (MAvg crosses below OTT level). โ CCI is below the overbought level (100), showing weakening momentum. โ OBV is below its moving average, confirming bearish volume.
3๏ธโฃ Trade Management:
โ Stop-Loss & Take-Profit can be set using ATR, percentage, or PIP-based calculations for risk optimization. โ Exits are dynamically managed using EMA crossovers and CCI signals.
๐ Best Timeframes & Markets
๐ Works on stocks, forex, crypto, and indices across various timeframes.
โก Optimized for higher accuracy on 5m, 15m, 1H, and 4H charts for intraday and swing trading.
๐ Why Use This Strategy?
This strategy is ideal for traders who want precision, risk management, and trend confirmation in one powerful tool. Whether you're a beginner or a pro, it helps you stay on the right side of the market with high-probability trade setups.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites โ learn more here.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites โ learn more here.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.