OPEN-SOURCE SCRIPT
UT Bot with D1 MA Length Filter
This indicator uses a daily moving average as a higher-timeframe trend filter and ATR-based UT-style signals for entries on the current chart timeframe. The daily MA period is adjustable, so the user can adapt the trend filter to different trading styles, while the ATR component helps generate entries based on current-timeframe volatility. For more frequent entries, try setting the Key Value to 1 and the ATR Period to 46.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.