UT Bot is a trend-following indicator designed for scalpers, day traders, and swing traders seeking precise entry and exit signals. It calculates an adaptive trailing stop based on the Average True Range (ATR) multiplied by a user-defined sensitivity factor, allowing the stop distance to adjust dynamically to market volatility. The trailing stop moves only in the direction of the trend—rising during uptrends and falling during downtrends—to help lock in gains while accommodating price fluctuations.

Key functionalities include detecting bullish and bearish momentum shifts when price crosses the trailing stop, visually signaling these reversals by coloring bars green for bullish flips and red for bearish flips, and drawing adaptive trailing stop bands above or below price. The indicator is non-repainting and overlays directly on the chart for immediate insight.

Users can customize core parameters such as ATR period (default 10) and sensitivity (default 3), and enable optional popup and sound alerts for trend changes. UT Bot is suitable for various markets including Forex, indices, and cryptocurrencies like BTCUSD and XAUUSD. It is recommended to use UT Bot alongside trend filters or volume indicators to enhance confirmation in trending or breakout environments.