UT Bot Entries Filtered by EMA Trend, RSI, ADX, Sessions, and ATR

Summary

This TradingView strategy combines an ATR trailing stop crossover with several filters to time long and short entries. Long signals require price and the 50-period EMA to be above the 200-period EMA, RSI to exceed its bullish threshold, and ADX to meet a strength threshold. Short signals apply the inverse conditions. The ADX threshold is higher during the Asian session, and entries are limited to configured market sessions and separated by a signal cooldown.

The script also blocks signals during fixed clock windows or when ATR rises sharply relative to its recent average. It opens two same-direction entries and assigns them separate fixed-distance profit targets with a shared stop. The document gives implementation details but no strategy report, backtest results, asset-specific guidance, or evidence that the filters improve performance. Session times, news windows, fixed trade quantity, and price-distance exits may need adjustment for the instrument and chart settings.

Key ideas

• ATR trailing-stop crossovers supply the initial buy and sell triggers.
• EMA alignment, RSI thresholds, and ADX strength filter entries in the direction of the broader trend.
• Session windows and volatility or clock-based blocks restrict when the strategy may enter.
• Each signal opens two entries with separate profit targets and a shared fixed-distance stop.
• The listing provides no performance evidence, and its settings may not suit every market or timeframe.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.