This Freddy Krueger Costume is very simple to do.
First, find a striped Krueger look-a-like shirt “red and black, orange and brown, orange and black, or red and brown” any of the following combo will do.

Next the Krueger hat. I used a hat I would typical use on a night out, however most hats will go well just as long as it is either black, brown or something close to that.

Then the “Krueger” signature hands to top it off of course. As for bottoms, for this costumes I cut a pair of old black pants, you can go really short like I did and be “sexy Freddy” or you can do long pants for a more conservative or family friendly look.