OPEN-SOURCE SCRIPT
업데이트됨 UT Bot v2 - ATR Trailing Stop
If you're familiar with the original UT Bot: the core logic is the same. This version focuses on cleaner visuals, improved code quality, better customization, built-in alerts, and integrated strategy support, while preserving the underlying ATR trailing stop methodology.
UT Bot v2 is a modernized implementation of the original UT Bot, built around the same ATR-based trailing stop logic that made the original popular.
The indicator uses an adaptive trailing stop based on the Average True Range (ATR). When price crosses the stop level, the trend state flips and a new trailing stop begins to form in the opposite direction.
Rather than changing the algorithm, this release focuses on making it clearer, easier to configure, and more practical for everyday use.
Features
Methodology
UT Bot v2 is not a predictive indicator. It does not attempt to forecast future price movements or identify exact market tops and bottoms.
Instead, it is a trend-following and risk management tool that dynamically adjusts its trailing stop using market volatility measured by ATR.
Like most trend-following systems, it tends to perform best during sustained directional moves and may generate whipsaws during ranging or low-volatility conditions.
Philosophy
The goal of UT Bot has always been to provide a simple, transparent, and systematic trailing stop framework, rather than a "holy grail" trading system.
This version preserves that philosophy while improving readability, customization, visualization, and integration with TradingView alerts and strategy testing.
UT Bot v2 is a modernized implementation of the original UT Bot, built around the same ATR-based trailing stop logic that made the original popular.
The indicator uses an adaptive trailing stop based on the Average True Range (ATR). When price crosses the stop level, the trend state flips and a new trailing stop begins to form in the opposite direction.
Rather than changing the algorithm, this release focuses on making it clearer, easier to configure, and more practical for everyday use.
Features
- Classic ATR trailing stop logic
- Clean and intuitive trend visualization
- Buy and sell signal markers
- Configurable ATR period and multiplier
- Customizable price source
- Built-in TradingView alerts
- Integrated strategy for backtesting
- Lightweight and easy to understand
Methodology
UT Bot v2 is not a predictive indicator. It does not attempt to forecast future price movements or identify exact market tops and bottoms.
Instead, it is a trend-following and risk management tool that dynamically adjusts its trailing stop using market volatility measured by ATR.
Like most trend-following systems, it tends to perform best during sustained directional moves and may generate whipsaws during ranging or low-volatility conditions.
Philosophy
The goal of UT Bot has always been to provide a simple, transparent, and systematic trailing stop framework, rather than a "holy grail" trading system.
This version preserves that philosophy while improving readability, customization, visualization, and integration with TradingView alerts and strategy testing.
릴리즈 노트
Added a backtesting range오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
Quant Developer | Pine Script v6 | Python & R
12+ yrs system. trading, hedge fund experience
Indicators, strategies & screeners
Futures & options
💼 Hire/Consulting:
qntly.com/hire
🎓 Pine Code With AI:
qntly.com/pineai
12+ yrs system. trading, hedge fund experience
Indicators, strategies & screeners
Futures & options
💼 Hire/Consulting:
qntly.com/hire
🎓 Pine Code With AI:
qntly.com/pineai
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
Quant Developer | Pine Script v6 | Python & R
12+ yrs system. trading, hedge fund experience
Indicators, strategies & screeners
Futures & options
💼 Hire/Consulting:
qntly.com/hire
🎓 Pine Code With AI:
qntly.com/pineai
12+ yrs system. trading, hedge fund experience
Indicators, strategies & screeners
Futures & options
💼 Hire/Consulting:
qntly.com/hire
🎓 Pine Code With AI:
qntly.com/pineai
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.