OPEN-SOURCE SCRIPT
Fib + UT Bot Pressure Pro
Here's a description you can drop straight in. I've left a few brackets for you to fill with your actual levels/direction since I can't see your chart. Title goes in the top field, the rest in the body.
**Title:**
MNQ — Fib + UT Bot Confluence Setup (15m)
**Body:**
Watching MNQ on the 15-minute for a [long/short] off confluence. Price is reacting around the [0.618–0.786] Fibonacci zone drawn from the recent swing [high→low / low→high], which lines up with the UT Bot trailing stop flipping [green/red].
What I'm looking for to confirm:
- A 15m candle close [above/below] the UT Bot trailing stop
- Above-average volume on the signal bar (buying/selling pressure agreeing with direction)
- Price holding the Fib golden zone rather than slicing through it
Plan:
- Entry: [price] on confirmed close
- Stop: [price] — just beyond the [0.786 level / swing extreme]
- Target 1: [price] (prior structure / 0.382 retrace)
- Target 2: [price] (full extension / next key level)
Invalidation: a 15m close back through the zone with opposing pressure kills the idea. Not advice — just my read. Will update as it plays out.
**Title:**
MNQ — Fib + UT Bot Confluence Setup (15m)
**Body:**
Watching MNQ on the 15-minute for a [long/short] off confluence. Price is reacting around the [0.618–0.786] Fibonacci zone drawn from the recent swing [high→low / low→high], which lines up with the UT Bot trailing stop flipping [green/red].
What I'm looking for to confirm:
- A 15m candle close [above/below] the UT Bot trailing stop
- Above-average volume on the signal bar (buying/selling pressure agreeing with direction)
- Price holding the Fib golden zone rather than slicing through it
Plan:
- Entry: [price] on confirmed close
- Stop: [price] — just beyond the [0.786 level / swing extreme]
- Target 1: [price] (prior structure / 0.382 retrace)
- Target 2: [price] (full extension / next key level)
Invalidation: a 15m close back through the zone with opposing pressure kills the idea. Not advice — just my read. Will update as it plays out.
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.