UT BOT from Tradingview

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  • #216652 quote
    AndrewtUK
    Participant
    New

    Hi Please see the code for the UT Bot from Tradingview.

    //@version=4
    strategy(title=”UT Bot Strategy”, overlay = true)
    //CREDITS to HPotter for the orginal code. The guy trying to sell this as his own is a scammer lol.

    // Inputs
    a = input(1, title = “Key Vaule. ‘This changes the sensitivity'”)
    c = input(10, title = “ATR Period”)
    h = input(false, title = “Signals from Heikin Ashi Candles”)

    xATR = atr(c)
    nLoss = a * xATR

    src = h ? security(heikinashi(syminfo.tickerid), timeframe.period, close, lookahead = false) : close

    xATRTrailingStop = 0.0
    xATRTrailingStop := iff(src > nz(xATRTrailingStop[1], 0) and src[1] > nz(xATRTrailingStop[1], 0), max(nz(xATRTrailingStop[1]), src – nLoss),
    iff(src < nz(xATRTrailingStop[1], 0) and src[1] < nz(xATRTrailingStop[1], 0), min(nz(xATRTrailingStop[1]), src + nLoss),
    iff(src > nz(xATRTrailingStop[1], 0), src – nLoss, src + nLoss)))

    pos = 0
    pos := iff(src[1] < nz(xATRTrailingStop[1], 0) and src > nz(xATRTrailingStop[1], 0), 1,
    iff(src[1] > nz(xATRTrailingStop[1], 0) and src < nz(xATRTrailingStop[1], 0), -1, nz(pos[1], 0)))

    xcolor = pos == -1 ? color.red: pos == 1 ? color.green : color.blue

    ema = ema(src,1)
    above = crossover(ema, xATRTrailingStop)
    below = crossover(xATRTrailingStop, ema)

    buy = src > xATRTrailingStop and above
    sell = src < xATRTrailingStop and below

    barbuy = src > xATRTrailingStop
    barsell = src < xATRTrailingStop

    plotshape(buy, title = “Buy”, text = ‘Buy’, style = shape.labelup, location = location.belowbar, color= color.green, textcolor = color.white, transp = 0, size = size.tiny)
    plotshape(sell, title = “Sell”, text = ‘Sell’, style = shape.labeldown, location = location.abovebar, color= color.red, textcolor = color.white, transp = 0, size = size.tiny)

    barcolor(barbuy ? color.green : na)
    barcolor(barsell ? color.red : na)

    strategy.entry(“long”, true, when = buy)
    strategy.entry(“short”, false, when = sell)

    Thank you

    #216661 quote
    Nicolas
    Keymaster
    Master

    Yes I see it. Please post description and picture, thank you.

    #216662 quote
    Nicolas
    Keymaster
    Master

    ok, after reading, it’s an EMA cross strategy with TOTALPRICE data (aka Heikin Ashi) with a SuperTrend.

    a = 1 //Key Vaule. ‘This changes the sensitivity
    c = 10 //ATR Period
    
    st = supertrend[a,c]
    ema = average[1,1](totalprice)
    
    if ema crosses over st then 
    drawarrowup(barindex,low) coloured("green")
    drawcandle(open,high,low,close) coloured("green")
    elsif ema crosses under st then 
    drawarrowdown(barindex,high) coloured("red")
    drawcandle(open,high,low,close) coloured("red")
    endif 
    
    return
    Distincttacos thanked this post
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UT BOT from Tradingview


ProBuilder: Indicators & Custom Tools

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AndrewtUK @andrewtuk Participant
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This topic contains 2 replies,
has 2 voices, and was last updated by Nicolas
2 years, 7 months ago.

Topic Details
Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 06/23/2023
Status: Active
Attachments: No files
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