Indicator
Breakout
ATR
Signal
UT Bot
"UT Bot" logo
03/09/2025
1
Desktop
Since 04/04/2025
Sales
3
Free installs
620
"UT Bot" uploaded image"UT Bot" uploaded image

A clean, responsive trailing stop indicator built for scalpers and swing traders. UT Bot uses adaptive ATR logic to highlight when momentum flips — without repainting or lag.


🔍 What It Does

  • Detects bullish/bearish shifts based on price crossing a trailing stop
  • Draws adaptive trailing stops above/below price based on ATR × Sensitivity
  • Colours bars to visually signal crossover moments (reversal conditions)

🎯 Ideal For

  • Scalpers, day traders, and swing traders
  • Visual traders who don't want noisy signals or lagging MAs
  • Trend-followers needing a fast visual cue

🛠 Features

  • ATR-based trailing stop (adjustable length and sensitivity)
  • Bar colouring on crossover: green = bullish flip, red = bearish flip
  • Clean separation of trend states via up/down bands
  • Non-repainting and overlay-style for immediate chart insight

⚙ Parameters

  • ATR Period – default: 10 (Wilder smoothing)
  • Sensitivity – default: 3 (higher = wider stop)

📎 Strategy Tip

Use with a trend filter like SSL Channel or EMA(200) for added confirmation. UT Bot works best in trending or breakout environments.

🖱 How to Use

  • Drag it onto your chart
  • Adjust ATR Period or Sensitivity for your market/timeframe
  • Watch for bar colour shifts + stop position change = potential reversal

📌 Attribution  

Originally developed for TradingView by Yo_adriiiiaan (based on HPotter’s ATR concept), this version was ported to cTrader by dfjmax.
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