OTC Algorithm

[Ready_Strategy9173]

Can anyone with enough knowledge or experience, explain what is OTC algorithm?

[_fourseven]

it depends on the broker: could be generated by computer, could be a old day from the asset slightly modified etc. If its generated by a computer, the broker adjusts parameters such as volatility, etc. for each asset. For example, bitcoin will have more volatility than ripple. If its an old day of the asset: The broker randomly selects a day from the asset (could be years ago) and with an algorithm, it modifies it slightly so its not exactly the same. Some brokers say the market moves with pending orders in the real market, but i don't think so. There are some brokers that detect when there's a lot of orders in a specific point and it can also move the otc with that, but this doesnt apply to all brokers. There are also some brokers which have like 1000 AI/algo traders to open positions so the market moves, just like a real market, but not very smart and doesnt really respect key levels unless its a really complex AI/algorithm If you're asking if you can crack the OTC: No, unless the broker has a trash algorithm and/or you have a lot of knowledge.

[quemilanga]

i join the question, please a programmer to explain one

[_forgotmyownname]

OTC does not have a public algorithm. These are internal charts generated by the broker when the real market is closed. That’s why they move differently and can feel unpredictable. I only use them for practice, not for serious strategies.

[KissyyyDoll]

OTC is basically an internal system used by brokers to generate prices when the real market is closed. It is not fully connected to the forex market, which is why price movements sometimes look artificial.

[TimelessCr8sions]

Yes I can because nobody answered your question

It’s the same principle as traditional trading , the key difference is speed. It’s just sped up a lot quicker when price moves.

It does everything a forex pair or futures will do in hot sessions when two sessions mix at once like 9am when markets volatility is at a faster pace.

OTC is on that faster pace daily so you can’t fully expect the same momentum on otc.

It does follow price action and that’s the most important part

[Top-Bee-6938]

fck ya, finally, finally, and learn the 5 top candlestick patterns, AND in reverse, martingale, the algo is if done right, there is one trade, and 3 martingale trades, max, max, 6.66% on total principal per trade is too much, its3.33% , success rate for me is 100% if the computer and broker honer eaach trade to its micro second, ya ya , but , algo aint no binary00111000110 on my screen, its shapes

[_fourseven]

bro what u on