TradingView Indicator · User Guide

OTE — the retracement zone, and nothing else.

The smallest tool in the set and deliberately so. It tracks swing structure and draws the optimal trade entry retracement zone from it. Seven settings, no dashboard, no alerts.

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Draft

This guide was generated from the indicator source and has not been proofread against live charts yet. Settings and defaults are accurate; the explanations may need your corrections.

Appears in TradingView as mosaic / OTE

00

Quick start

There is almost nothing to configure. That is the feature.

  1. Add it and leave both Bullish Structure and Bearish Structure on until you know which side you want.
  2. Keep Swing tracker on — it is what defines the leg the zone is measured from.
  3. Turn on Previous only when reviewing history. It keeps prior zones on the chart.
01

Structure

Which direction gets drawn, and what defines the leg.

Bullish Structure on
Draws retracement zones for upward legs — the zone you would be buying into.
Bearish Structure on
The same for downward legs. Turn one off when you have a directional bias and want the chart to reflect it.
Swing tracker on
Tracks the swing structure the zone is measured from. Off, there is no leg to measure and nothing draws.
02

Display

Lines, labels and history.

Swing Line on
Draws the leg itself, so you can see what the zone was measured from rather than inferring it.
Swing Labels on
Names the swing points.
Previous off
Keeps prior zones on the chart. Useful for review, noisy live.
Extend on
Extends the zone to the right so it stays a usable level as price develops.
Why this tool is so small

OTE is one measurement on one leg. Every setting here is about which leg and whether you can see it. If you want confluence — liquidity, gaps, divergence — that is what the other indicators are for; stacking it into this one would defeat the purpose.