Stochastic Optimized Trend Tracker

// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © KivancOzbilgic
//created by: @Anil_Ozeksi
//developer: ANIL ÖZEKŞİ
//author: @kivancozbilgic
// ------------------------------------------------------------------------------------------------
// Original author:  KivancOzbilgic
// Original title:   Stochastic OTT
// Licence:          MPL-2.0 (the header above is the original notice, kept verbatim)
// Pine version:     4
// Fetched:          2026-10-12
// Ported to FloScript by FloSignals; modifications under MPL-2.0.
// Converter:        @flosignals/floscript 0.1.0, strict mode, score 100/100
// ------------------------------------------------------------------------------------------------
//@floscript=1
//@version=5
// Converted by the FloScript converter from a Pine-compatible v4 source.

indicator(title="Stochastic Optimized Trend Tracker", shorttitle="SOTT", format=format.price, precision=2, timeframe="")
periodK = input.int(500, title="%K Length", minval=1)
smoothK = input.int(200, title="%K Smoothing", minval=1)
src1 = input(close, title="Source")
length = input.int(2, "OTT Period", minval=1)
percent = input.float(0.5, "OTT Percent", step=0.1, minval=0)
showsupport = input.bool(title="Show Support Line?", defval=false)
showsignalsc = input.bool(title="Show Stochastic/OTT Crossing Signals?", defval=false)
Var_Func1(src1, length) =>
    valpha1 = 2 / (length + 1)
    vud11 = src1 > src1[1] ? src1 - src1[1] : 0
    vdd11 = src1 < src1[1] ? src1[1] - src1 : 0
    vUD1 = math.sum(vud11, 9)
    vDD1 = math.sum(vdd11, 9)
    vCMO1 = nz((vUD1 - vDD1) / (vUD1 + vDD1))
    VAR1 = 0.0
    VAR1 := nz(valpha1 * math.abs(vCMO1) * src1) + (1 - valpha1 * math.abs(vCMO1)) * nz(VAR1[1])
VAR1 = Var_Func1(src1, length)
k = Var_Func1(ta.stoch(close, high, low, periodK), smoothK)
src = k + 1000
Var_Func(src, length) =>
    valpha = 2 / (length + 1)
    vud1 = src > src[1] ? src - src[1] : 0
    vdd1 = src < src[1] ? src[1] - src : 0
    vUD = math.sum(vud1, 9)
    vDD = math.sum(vdd1, 9)
    vCMO = nz((vUD - vDD) / (vUD + vDD))
    VAR = 0.0
    VAR := nz(valpha * math.abs(vCMO) * src) + (1 - valpha * math.abs(vCMO)) * nz(VAR[1])
VAR = Var_Func(src, length)
h0 = hline(1080, "Upper Band", color=#606060)
h1 = hline(1020, "Lower Band", color=#606060)
fill(h0, h1, color=color.new(#9915FF, 80), title="Background")
plot(k + 1000, title="%K", color=#0094FF)
MAvg = Var_Func(src, length)
fark = MAvg * percent * 0.01
longStop = MAvg - fark
longStopPrev = nz(longStop[1], longStop)
longStop := MAvg > longStopPrev ? math.max(longStop, longStopPrev) : longStop
shortStop = MAvg + fark
shortStopPrev = nz(shortStop[1], shortStop)
shortStop := MAvg < shortStopPrev ? math.min(shortStop, shortStopPrev) : shortStop
dir = 1
dir := nz(dir[1], dir)
dir := dir == -1 and MAvg > shortStopPrev ? 1 : dir == 1 and MAvg < longStopPrev ? -1 : dir
MT = dir == 1 ? longStop : shortStop
OTT = MAvg > MT ? MT * (200 + percent) / 200 : MT * (200 - percent) / 200
plot(showsupport ? MAvg : na, color=#0585E1, linewidth=2, title="Support Line")
OTTC = #B800D9
pALL = plot(nz(OTT[2]), color=color.new(OTTC, 0), linewidth=2, title="OTT")
alertcondition(ta.cross(src, OTT[2]), title="Price Cross Alert", message="OTT - Price Crossing!")
alertcondition(ta.crossover(src, OTT[2]), title="Price Crossover Alarm", message="PRICE OVER OTT - BUY SIGNAL!")
alertcondition(ta.crossunder(src, OTT[2]), title="Price Crossunder Alarm", message="PRICE UNDER OTT - SELL SIGNAL!")
buySignalc = ta.crossover(src, OTT[2])
plotshape(buySignalc and showsignalsc ? OTT * 0.995 : na, title="Buy", text="Buy", location=location.absolute, style=shape.labelup, size=size.tiny, color=color.new(color.green, 0), textcolor=color.white)
sellSignallc = ta.crossunder(src, OTT[2])
plotshape(sellSignallc and showsignalsc ? OTT * 1.005 : na, title="Sell", text="Sell", location=location.absolute, style=shape.labeldown, size=size.tiny, color=color.new(color.red, 0), textcolor=color.white)

This file is under the Mozilla Public License 2.0; it is a port of the original by KivancOzbilgic, with the original licence header kept and the changes made for FloScript noted in the file.

• v22026-10-14

  Library refresh 2026-10-14

• v12026-10-12

  Library refresh 2026-10-12