XTE+ Optimized Trend Tracker

📊 XTE+ Optimized Trend Tracker (OTT)
XTE+ OTT is a powerful, trend-following indicator designed for traders who value clarity, precision, and advanced analytics. It offers not only accurate entry and exit signals but also visual zones, historical signal analysis, and real-time trend monitoring.

🧠 How It Works
XTE+ OTT is based on an improved version of the Optimized Trend Tracker. It utilizes multiple customizable moving average types (VAR, EMA, SMA, WMA, and more) combined with volatility filtering (ATR logic) to generate cleaner, more reliable trend-following signals.

✅ Features
Trend Direction Detection with automatic switch logic

Buy/Sell Signal Icons with distinct large markers

Entry/Exit Zones drawn visually on chart

Custom Take-Profit / Stop-Loss settings for Buy and Sell signals

Statistical Panel showing:

Current Trend (Up/Down)

Number of total signals

Number of winning trades

Win percentage

Configurable Display Options:

Show/hide signals

Show/hide trend zones

Show/hide OTT and MA lines

Supports multiple MA types including EMA, SMA, VAR, ZLEMA, TSF and more

Non-repainting logic — signals are confirmed at bar close

⚙️ Inputs and Customization
OTT Period & Sensitivity (%)

MA Type Selection (VAR, EMA, etc.)

Entry Zone Visualization On/Off

Trend Panel Display On/Off

TP/SL % per direction (Buy/Sell separately)

Option to disable MA or OTT line display

📈 Visuals
Signal icons: BUY (Green Up Label), SELL (Red Down Label)

Entry zones: circles near breakout levels

Trendlines change color dynamically (green for uptrend, red for downtrend)

Trend Panel is pinned in the top-right corner for quick reference

💡 Usage Tips
Best used on higher timeframes (15min, 1H, 4H+) for more meaningful trend signals

Combine with volume/volatility indicators or support/resistance zones for enhanced decision making

Use TP/SL logic to track signal success over time and optimize strategies

📌 Disclaimer
This script is for educational and informational purposes only. It is not financial advice. Always test and validate your strategy before applying it in live markets.