UT Bot Alerts (T-30s Confirm)

The UT Bot Alerts (T-30s Confirm) indicator provides actionable buy and sell signals based on ATR-driven trailing stops with an added time-based confirmation filter.

Usage

The UT Bot Alerts (T-30s Confirm) can be used to identify trend reversals and entry points. Signals are generated when the price crosses over or under a trailing stop calculated using the Average True Range (ATR).

The tool features a unique T-30 confirmation logic. While standard signals appear as soon as a crossover occurs, the T-30 alerts only trigger if the signal remains valid within the final 30 seconds of the candle's duration. This helps traders filter out "repainting" or temporary signals that might disappear before the candle closes.

Details

The script implementation is based on the popular UT Bot logic, which utilizes a sensitivity multiplier and an ATR period to define a trailing stop loss. When the price breaks above the trailing stop, a buy signal is initiated; when it breaks below, a sell signal is triggered.

The time-based confirmation uses the time_close and timenow variables to calculate the remaining time in the current bar. If the crossover state is maintained during the final 30-second window, a specific confirmation alert is fired.

Settings

Main Settings

• Key Value Sensitivity: Adjusts the multiplier for the ATR trailing stop. Higher values result in fewer, more significant signals, while lower values increase sensitivity.
• ATR Period: Sets the lookback period for the Average True Range calculation used to determine volatility.
• Signals from Heikin Ashi Candles: When enabled, the signal logic is calculated using Heikin Ashi price data rather than standard candle closes, which can provide smoother trend following.

FAQ

How do I use the T-30 alerts?

You can set specific alert conditions for "UT Long T-30" or "UT Short T-30". These will only trigger in real-time when a signal is confirmed in the last 30 seconds of the bar.

What is the difference between standard and T-30 signals?

Standard signals appear immediately upon a crossover. T-30 signals are a subset of these that ensure the price action has sustained the crossover until the very end of the candle.

How can I access UT Bot Alerts (T-30s Confirm)?

You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.