How it Works: The OTS True Average Price Indicator is engineered to address the limitations of FIFO (First In, First Out) accounting methods, particularly in accurately representing a trader's true average price.

Key Features:

1. Resolving FIFO Accounting Flaws: Overcomes inaccuracies inherent in FIFO methods, especially in complex trading scenarios involving multiple trades and positions.

2. Precise Average Price Representation: Provides a more precise representation of the true average price by considering all relevant trade details, including prices, contract profit and loss, and other essential data.

3. Risk Reduction: Reduces the risk of misinterpreting profit or loss figures, enabling traders to make more informed decisions about their trading strategies and risk management.

4. Comprehensive Formula: Employs an all-encompassing formula that considers various factors influencing the average price calculation, ensuring accuracy and reliability in the results.

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Known for its accuracy and reliability, the OTS True Average Price Indicator furnishes traders with dependable average price data crucial for effective decision-making in financial markets.