ICT OTE [KTY]

ICT OTE (Optimal Trade Entry) Indicator


[ Overview ]

This indicator automatically displays the OTE (Optimal Trade Entry) level based on ICT (Inner Circle Trader) methodology.

OTE is the 70.5% Fibonacci retracement level, which is considered a key level where price often reacts during pullbacks.


[ Key Features ]

70.5% Fibonacci Level
- Automatically calculates and displays the OTE level
- Green line with ⬆ indicates uptrend retracement
- Red line with ⬇ indicates downtrend retracement

Multi-Timeframe Support
- Display OTE from two different timeframes simultaneously (LTF & HTF)
- HTF OTE levels carry more significance

Dynamic Calculation
- Automatically identifies swing high and low for the selected timeframe
- OTE level updates as new highs/lows form


[ How to Use ]

1. Identify the OTE level on your chart
2. Watch for price reaction when approaching the OTE line
3. Combine with Market Structure (CHoCH/BOS) for directional bias
4. Look for confluence with OB, FVG, or Liquidity zones at OTE level

Pro Tips:
- HTF OTE (4H, 1D) is more reliable than LTF
- OTE aligned with Order Block increases significance
- Most effective in trending markets, less reliable in ranging conditions


[ Settings ]

Show OTE: Toggle OTE display on/off
LTF: Enable and select lower timeframe for OTE calculation
HTF: Enable and select higher timeframe for OTE calculation


[ Alerts ]

Price Touched OTE Level
OTE Direction Changed to Bullish
OTE Direction Changed to Bearish


[ Notes ]

This indicator is designed for educational purposes.
OTE level touch does not guarantee price reversal.
Always combine with proper risk management.


If you find this indicator helpful, please leave a like and follow for more ICT-based tools!