UT Bot Alerts [2026 Elite Edition]

The UT Bot Alerts [2026 Elite Edition] indicator provides a professional volatility-based trailing stop system designed to handle asymmetric market conditions by decoupling long and short strategy parameters.

Usage

The Usage section focuses on how to leverage the dual-engine calculation for different market environments. Since assets often exhibit different volatility profiles during uptrends versus downtrends, users can calibrate entry and exit sensitivities independently.

• Bull Markets: For assets that grind upward slowly, you can set a higher Buy Key or ATR period to provide more "room" for the trend to develop without being shaken out by minor retracements.
• Bear Markets: For rapid market crashes, users can lower the Sell Key and ATR settings to create a tighter, more responsive trailing stop that captures profits quickly when momentum breaks.
• Safety Dashboard: The real-time HUD in the top-right corner displays the current trade status (Long/Short), the exact Stop Price (Kill Level) for hard stop-loss placement, and the Active ATR value.

Details

The script implements a "Dual-Engine" logic, running two separate volatility calculation engines simultaneously. Unlike standard trailing stops that use a single ATR multiplier for both directions, this tool allows for a "Ceiling" (Buy engine) and a "Floor" (Sell engine).

• Asymmetric Sensitivity: This concept acknowledges that market velocity is rarely uniform. By allowing different sensitivity (Key) and smoothness (ATR) settings for buys and sells, the indicator adapts to the specific "signature" of the asset being traded.
• Heikin Ashi Smoothing: The script includes an optional toggle to calculate all signals based on Heikin Ashi candle data while keeping standard candles visible on the chart. This process filters out market noise and wicks, which can help traders stay in a trend for a longer duration.
• Pine Script v6: The implementation is optimized for the latest TradingView standards, ensuring high performance and compatibility with modern charting features.

Settings

🟢 BUY SETTINGS (Long)

• Buy Key Value (Sensitivity): Multiplier for the long-side signal calculation. Higher values result in fewer, more filtered signals.
• Buy ATR Period: The lookback period for calculating volatility for buy signals.
• Buy Line Color: Sets the color of the trailing stop when in a long position.
• Buy Signal Shape: Choose the visual style of the buy alert label on the chart.

🔴 SELL SETTINGS (Short)

• Sell Key Value (Sensitivity): Multiplier for the short-side signal calculation. Lower values make the stop more aggressive.
• Sell ATR Period: The lookback period for calculating volatility for sell signals.
• Sell Line Color: Sets the color of the trailing stop when in a short position.
• Sell Signal Shape: Choose the visual style of the sell alert label on the chart.

⚙️ GENERAL & VISUALS

• Use Heikin Ashi Candles: When enabled, the script uses HA prices for calculations to reduce noise.
• Show Info Dashboard: Toggles the visibility of the on-screen HUD.
• Trailing Stop Line Width: Adjusts the thickness of the stop-loss line.
• Color Candles: When enabled, candles are colored based on the current trend direction.

FAQ

How do I access the UT Bot Alerts [2026 Elite Edition]? You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.

What is the "Stop Price" shown on the dashboard? The Stop Price is the exact level where the current trend is considered broken. If the price crosses this level, a flip signal (Buy to Sell or vice versa) will be triggered.

Can I use different settings for scalping and swing trading? Yes. For scalping, it is recommended to use lower Key and ATR settings for faster reactions. For swing trading, higher ATR periods help smooth out daily price fluctuations.

Original Logic Credit: QuantNomad