Optimal trade entry

IndicatorsFrom Trader

• Price
• High
• Low

Optimal trade entry

62 % – 79 % · 10 candles before · 10 after

• Bullish OTE reached
• Bearish OTE reached
• Close in OTE
• Swing broken
• Top
• Bottom
• Middle

This is how the node looks on the board: inputs on the left, outputs on the right.

Like the run-up before a jump: after a rise the price often backs off a little. Many see the zone between 62 and 79 % of that way back as the best moment to get back in.

Pullback into 62–79 % of the last swing. Places the optimal trade entry zone between 62 and 79 % retracement of the last swing, with its middle at 70.5 %. After an up swing this is the bullish OTE below the price, after a down swing the bearish one above it. The node reports the first candle that reaches the zone and a close inside it; if the price closes beyond the start of the swing, the swing is broken and the zone no longer counts. The swing is the same as for the Fibonacci levels and changes when a new swing is confirmed. Example: “Price reaches bullish OTE” reports when SOL, after a rise, comes back into the deep pullback between 62 and 79 %.

What it looks like

• Zone after an up swing, dashed until confirmed
• after a down swing
• pale: swing broken
• Swing
• Price reaches the zone

BTC/USDT candles. Each line is a swing from one swing point to the next, as for the Fibonacci levels. From its end lies the zone from 62 to 79 % retracement, dashed until the 10 candles after have confirmed the swing. Green after an up swing, red after a down swing; pale once a close beyond the start has broken the swing.

Setting it in the chart

In the properties, a chart shows the last 150 candles and on top of them what the node finds with your settings; dotted or dashed is what it did not know yet at that time. Drag the ends of the bracket at the latest swing to change “Candles before” and “Candles after”; at its right end the swing is confirmed. The top line shows the state at the last candle, and the chart follows every setting right away.

More under Smart money and Chart above the price.

Settings

The settings appear on the right under “Properties” once you click the node on the board. Below each field you find the same explanation as here.

Candles before

Default: 10 · from 1 to 100, whole number

How many candles before a high must all be lower, before a low higher. With more candles only clearer turning points count.

Candles after

Default: 10 · from 1 to 100, whole number

How many candles after a high must not rise above it before it counts as a swing. The node reports it that many candles later; with fewer candles the report comes sooner, but also for smaller turning points.

Zone from

Default: 62 % · from 50 to 100 % · under “More”

How far the pullback reaches at least, in percent of the swing. 62 % sits just above the golden ratio (61.8 %).

Zone to

Default: 79 % · from 50 to 100 % · under “More”

How far the pullback reaches at most. 79 % sits at the Fibonacci level of 78.6 %.

Example

Notifies you when SOL, after a rise, comes back into the zone between 62 and 79 % retracement.

How to connect the nodes:

1. Candle (Price) → Optimal trade entry (Price)
2. Candle (High) → Optimal trade entry (High)
3. Candle (Low) → Optimal trade entry (Low)
4. Optimal trade entry (Bullish OTE reached) → Telegram (Trigger)

On the board it reads: 62 % – 79 % · 10 candles before · 10 after

Chain as JSON

To try it, copy it and paste it in the editor under “Import”. Importing creates a new chain.

ote.json

{
  "name": "Example: Optimal trade entry",
  "version": 1,
  "nodes": [
    { "id": "c1", "type": "core.candle", "position": { "x": 40, "y": 40 }, "settings": { "pair": "SOL/USDT", "timeframe": "1h" } },
    { "id": "o1", "type": "core.ote", "position": { "x": 260, "y": 40 }, "settings": {} },
    { "id": "t1", "type": "core.telegram", "position": { "x": 480, "y": 40 }, "settings": {} }
  ],
  "edges": [
    { "from": "c1.close", "to": "o1.close" },
    { "from": "c1.high", "to": "o1.high" },
    { "from": "c1.low", "to": "o1.low" },
    { "from": "o1.bullish", "to": "t1.in" }
  ]
}

Inputs and outputs

Only matching types connect: number series to number series (round pin), signal to signal (square), message to message (diamond).

Direction	Pin	Type	Note
Input	Price	Number series	required
Input	High	Number series	required
Input	Low	Number series	required
Output	Bullish OTE reached	Signal (true/false)	–
Output	Bearish OTE reached	Signal (true/false)	–
Output	Close in OTE	Signal (true/false)	–
Output	Swing broken	Signal (true/false)	–
Output	Top	Number series	appears in messages as a price, e.g. “$81,616”
Output	Bottom	Number series	appears in messages as a price, e.g. “$81,616”
Output	Middle	Number series	appears in messages as a price, e.g. “$81,616”

Good to know

• In messages the values are called “OTE top”, “OTE bottom”, “OTE middle”.
• Warm-up with the default settings: 520 candles (this many extra candles are loaded by the replay before the value is reliable).
• Search also finds it under: ote, optimal trade entry, fibonacci, pullback, retracement, 62, 79, 70.5, entry, smart money, smc, ict.

Technical details

Swing as in the Fibonacci levels node: the last two points of a zigzag line through the confirmed swings of the last 500 candles. Level = end − ratio × (end − start); zone between the “Zone from” and “Zone to” levels, middle at their mean. Per swing: “reaches” on the first candle with low ≤ top and high ≥ bottom; broken when a close lies below the start (up) or above it, after which it no longer counts. The edges hold while the swing counts.

• Type in the chain: core.ote · Version 1.0.0 · Category key ind
• Settings in the chain: left (Candles before), right (Candles after), from (Zone from), to (Zone to)
• Pins in the chain: Input close, high, low · Output bullish, bearish, inside, failed, top, bottom, sweet
• Reference tests in the manifest: 1 (with fixed price data: 500 candles of 1h)
• How a node is built