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Trader Otto - Christmas Tree - Strategy [BlackBox]
🎄 Trader Otto - Christmas Tree - Indicator [BackBox]
This is a premium visual intelligence suite designed for precision trading. It combines the statistical power with the Pearson Correlation (R-Value) to filter market noise and identify high-probability reversal zones.
Unlike standard regression tools, the "Christmas Tree" uses an adaptive Neon Coloring System that changes based on trend intensity and direction, giving you instant visual feedback on market conditions.
🚀 Key Features:
📊 Statistical Core: Uses a 75-period to define the "Fair Price" (Mean) and statistical extremes (Standard Deviation).
✨ Pearson R Filter: The background logic calculates the R-Value to distinguish between Strong Trends (Bull/Bear) and Choppy/Sideways markets.
🎨 Adaptive Neon Visuals:
Cyan/Electric Purple: Strong Trend (High R-Value).
Orange/Soft Purple: Neutral/Weak Trend.
Gray: Sideways/Consolidation.
🖥️ Pro Dashboard: A clean, informative panel displaying the current R-Value, Trend Status (BULL/BEAR/FLAT), and Trading Zones (BUY/SELL) in real-time.
🔔 Clear Signals: Non-repainting text signals ("BUY"/"SELL") appear when price rejects the outer bands with statistical confirmation.
How to Use:
Trend Identification: Look at the candle colors. Bright Neon means momentum is strong.
Entries: Wait for the price to touch the outer bands (Buy/Sell Zones).
Confirmation: Enter when a "BUY" or "SELL" text signal appears, indicating the price has rejected the extreme and is reverting to the mean.
Settings:
Period & Deviation: Customizable to fit any asset or timeframe.
Visual Toggles: Turn on/off lines, dashboard, or text signals to keep your chart clean.
⚙️ Strategy Logic:
The algorithm waits for price overextensions (2.0 Standard Deviations) and executes trades only when two conditions are met:
Rejection Area.
Pearson Filter: The correlation (R-Value) must meet a minimum threshold to ensure market liquidity and directionality.
🛡️ Risk Management (Built-in):
Smart Entries: Only takes confirmed close-of-bar signals to avoid "falling knives."
Triple Exit System:
Partial 1: At the Mean (Regression Line) - Secures initial profit.
Partial 2: At the Opposing Band - Maximizes range capture.
Final Target: Extended runner for trend continuation.
Hard Stop: Fixed point-based protection.
Ideal for indices and volatile crypto pairs.
This is a premium visual intelligence suite designed for precision trading. It combines the statistical power with the Pearson Correlation (R-Value) to filter market noise and identify high-probability reversal zones.
Unlike standard regression tools, the "Christmas Tree" uses an adaptive Neon Coloring System that changes based on trend intensity and direction, giving you instant visual feedback on market conditions.
🚀 Key Features:
📊 Statistical Core: Uses a 75-period to define the "Fair Price" (Mean) and statistical extremes (Standard Deviation).
✨ Pearson R Filter: The background logic calculates the R-Value to distinguish between Strong Trends (Bull/Bear) and Choppy/Sideways markets.
🎨 Adaptive Neon Visuals:
Cyan/Electric Purple: Strong Trend (High R-Value).
Orange/Soft Purple: Neutral/Weak Trend.
Gray: Sideways/Consolidation.
🖥️ Pro Dashboard: A clean, informative panel displaying the current R-Value, Trend Status (BULL/BEAR/FLAT), and Trading Zones (BUY/SELL) in real-time.
🔔 Clear Signals: Non-repainting text signals ("BUY"/"SELL") appear when price rejects the outer bands with statistical confirmation.
How to Use:
Trend Identification: Look at the candle colors. Bright Neon means momentum is strong.
Entries: Wait for the price to touch the outer bands (Buy/Sell Zones).
Confirmation: Enter when a "BUY" or "SELL" text signal appears, indicating the price has rejected the extreme and is reverting to the mean.
Settings:
Period & Deviation: Customizable to fit any asset or timeframe.
Visual Toggles: Turn on/off lines, dashboard, or text signals to keep your chart clean.
⚙️ Strategy Logic:
The algorithm waits for price overextensions (2.0 Standard Deviations) and executes trades only when two conditions are met:
Rejection Area.
Pearson Filter: The correlation (R-Value) must meet a minimum threshold to ensure market liquidity and directionality.
🛡️ Risk Management (Built-in):
Smart Entries: Only takes confirmed close-of-bar signals to avoid "falling knives."
Triple Exit System:
Partial 1: At the Mean (Regression Line) - Secures initial profit.
Partial 2: At the Opposing Band - Maximizes range capture.
Final Target: Extended runner for trend continuation.
Hard Stop: Fixed point-based protection.
Ideal for indices and volatile crypto pairs.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.