OPEN-SOURCE SCRIPT

UT Bot Alerts + 200 EMA Filter

1 211
This indicator optimizes the classic UT Bot Alerts logic by fusing it with an institutional-grade trend filter (200 EMA). While the standard UT Bot is incredibly powerful at catching micro-trends, it is notoriously prone to severe "choppy market" losses and false entries when a market consolidates.

This script solves that vulnerability. It dynamically filters out counter-trend noise, ensuring you only receive execution-ready signals that align with the macro momentum of the market.

Penafian

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