ATR-Based Trailing Stops with UT Bot Trend Signals
Summary
This strategy description combines UT Bot style ATR trailing-stop signals with separate percentage-based trailing stops for long and short positions. The percentage stop is ratcheted in the favorable direction as price moves, while an ATR stop is calculated from the prior stop level, closing price, ATR, and a sensitivity parameter. Crosses of the ATR stop are used to indicate a change in position direction. The document also describes a long condition based on price being above a 50-period simple moving average.
The source and parameter list show an ATR period and sensitivity setting, and the published backtest configuration covers BTC-USDT futures; no results are reported. The text says the system is still being tested and notes that choppy markets may trigger frequent exits and higher costs. It also points out that the setup lacks a trailing profit target and that parameter choices can affect drawdowns. The narrative combines several stop and signal mechanisms, so their precise interaction should be verified before assessing performance.
Key ideas
- The ATR trailing stop adjusts its distance using volatility and a configurable sensitivity factor.
- Separate long and short percentage stops ratchet only in the favorable direction.
- Crossing the ATR stop indicates a possible change in position direction.
- A 50-period simple moving average is described as a long-entry filter.
- Choppy conditions may cause repeated exits, and the published settings include no performance results.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.