UTBot

Library "UTBot"
is a powerful and flexible trading toolkit implemented in Pine Script. Based on the widely recognized UT Bot strategy originally developed by Yo_adriiiiaan with important enhancements by HPotter, this library provides users with customizable functions for dynamic trailing stop calculations using ATR (Average True Range), trend detection, and signal generation. It enables developers and traders to seamlessly integrate UT Bot logic into their own indicators and strategies without duplicating code.

Key features include:

Accurate ATR-based trailing stop and reversal detection
Multi-timeframe support for enhanced signal reliability
Clean and efficient API for easy integration and customization
Detailed documentation and examples for quick adoption
Open-source and community-friendly, encouraging collaboration and improvements

We sincerely thank Yo_adriiiiaan for the original UT Bot concept and HPotter for valuable improvements that have made this strategy even more robust. This library aims to honor their work by making the UT Bot methodology accessible to Pine Script developers worldwide.

This library is designed for Pine Script programmers looking to leverage the proven UT Bot methodology to build robust trading systems with minimal effort and maximum maintainability.

UTBot(h, l, c, multi, leng)
Parameters:
h (float) - high
l (float) - low
c (float)-close
multi (float)- multi for ATR
leng (int)-length for ATR
Returns:
xATRTS - ATR Based TrailingStop Value
pos - pos==1, long position, pos==-1, shot position
signal - 0 no signal, 1 buy, -1 sell

リリースノート

v3

더해짐
GTrender(source, multi, period)
Parameters:
source (float) : close -> utbot, hl2 -> SuperTrend
multi (float)
period (simple int)

업데이트됨
UTBot(multi, period)
Parameters:
multi (float)
period (simple int)

リリースノート

v4

더해짐
CTrender(multi, period)
Parameters:
multi (float)
period (simple int)

없어짐
GTrender(source, multi, period)

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