OPEN-SOURCE SCRIPT

UT Bot Pro Max (Maks Edition)

140
Script v2.0
UT Bot Pro Max is an advanced, high-precision evolution of the well-known UT Bot indicator.
This version is fully rebuilt into a complete decision-making system that evaluates trend structure, volatility conditions, momentum signals, and entry quality.
It is designed for traders who want clear, structured signals supported by objective filters and transparent reasoning.

1. Core Engine: ATR-Based Trailing Logic

At the heart of the system is an ATR dynamic trailing stop.
It is responsible for:

detecting trend reversals

identifying breakout conditions

switching between long and short bias

determining signal strength

Unlike simple ATR lines, this engine adapts to momentum expansion and contraction, forming the backbone for every signal.

2. Three-Tier Signal Structure

Each signal is classified into one of three levels based on the number of confirmations:

Strong Signals

ATR breakout

trend filter (price relative to EMA200)

RSI filter (oversold/overbought context)

This is the highest-quality confirmation and is suitable for full-size entries.

Medium Signals

ATR breakout

trend filter
(no RSI filter)

This represents a valid trend continuation but with slightly reduced confirmation.

Weak Signals

ATR breakout only
(no trend filter, no RSI filter)

This is an early-stage impulse which can evolve into a stronger move.

The multi-level classification allows the trader to size positions rationally and avoid over-committing during uncertain market conditions.

3. Move-Since-Entry Tracking

When a new long or short position is detected, the indicator records the entry price and automatically tracks the percentage movement from that point.

This offers:

real-time monitoring of open trade performance

objective context for managing exits

clear visualization of progress since entry

4. Smart State-Change Alerts

Instead of simple “BUY” or “SELL” messages, the script sends highly structured alerts whenever the internal state changes.

Each alert includes:

the symbol and timeframe

signal direction and strength

recommended position size based on signal tier

ATR values

RSI value and its state

trend context (bullish, bearish, neutral)

distance from ATR trailing stop

movement since entry

previous state reference (optional)

This makes it ideal for automated systems, algorithmic routing, or Telegram-based signal delivery.

5. Professional On-Chart Status Table

The indicator displays a refined information panel containing:

current signal state (Strong / Medium / Weak / Hold)

ATR signal direction

trend filter result

RSI value and condition

distance to trailing stop (percentage)

current position (long / short / flat)

entry recommendation based on signal strength

ATR value and additional context in expanded mode

There is also a compact mode optimized specifically for mobile trading.

6. Optional Heikin Ashi Mode

The indicator can operate using Heikin Ashi close values for traders who prefer smooth, noise-reduced visualizations.
The internal logic is recalculated automatically.

7. Trend-Colored Candles

An optional feature allows candle coloring based on price position relative to the ATR stop line, highlighting bullish and bearish phases directly on the chart.

What This Indicator Provides

Accurate, context-aware entry signals

Scalable position sizing through multi-tier structure

Objective trend confirmation

Breakout detection with volatility adaptation

Continuous tracking of open position performance

Detailed real-time explanations through alerts

A complete visual dashboard consolidating all key metrics

UT Bot Pro Max (Maks Edition) is built as a practical tool for daily trading.
It is suitable for scalping, day trading, swing trading, automated alerts, and mobile workflows.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.