BackpulseTrend & Scalping • Audited v5
UT Bot Alerts Strategy (v5)
UT Bot Alerts is the most popular trend-following and scalping strategy on TradingView. It utilizes an Average True Range (ATR) trailing stop mechanism with a sensitivity multiplier (Key Value) to filter out market noise and capture strong trend expansions with minimal whipsaw.
68.4%
Win Rate (Tick Data)
2.35
Profit Factor
2.41
Sharpe Ratio
6.8%
Max Drawdown
Pine Script v5 Source Code
Author: QuantNomad / Yo_Crypto-Trading • Non-repainting//@version=5
strategy("UT Bot Alerts Strategy [Backpulse Optimized]", overlay=true, initial_capital=10000, default_qty_type=strategy.percent_of_equity, default_qty_value=15, commission_type=strategy.commission.percent, commission_value=0.04)
// ── Inputs ──
a = input.int(2, title="Key Value (Sensitivity)", minval=1)
c = input.int(14, title="ATR Period", minval=1)
h = input.bool(false, title="Heikin Ashi Candles")
// ── Calculations ──
xATR = ta.atr(c)
nLoss = a * xATR
src = h ? request.security(ticker.heikinashi(syminfo.tickerid), timeframe.period, close) : close
var float xATRTrailingStop = 0.0
xATRTrailingStop := if (src > nz(xATRTrailingStop[1], 0))
math.max(nz(xATRTrailingStop[1], 0), src - nLoss)
else
math.min(nz(xATRTrailingStop[1], 0), src + nLoss)
pos = 0
pos := if (src[1] < nz(xATRTrailingStop[1], 0) and src > nz(xATRTrailingStop[1], 0))
1
else if (src[1] > nz(xATRTrailingStop[1], 0) and src < nz(xATRTrailingStop[1], 0))
-1
else
nz(pos[1], 0)
buySignal = ta.crossover(src, xATRTrailingStop)
sellSignal = ta.crossunder(src, xATRTrailingStop)
// ── Strategy Orders ──
if (buySignal)
strategy.entry("Long", strategy.long, alert_message='{"action":"buy","symbol":"{{ticker}}","size":"100%"}')
if (sellSignal)
strategy.entry("Short", strategy.short, alert_message='{"action":"sell","symbol":"{{ticker}}","size":"100%"}')
// ── Visuals ──
plot(xATRTrailingStop, color=pos == 1 ? color.green : color.red, linewidth=2, title="Trailing ATR Stop")
plotshape(buySignal, title="Buy Alert", style=shape.labelup, location=location.belowbar, color=color.new(#10b981, 0), text="BUY", textcolor=color.white, size=size.small)
plotshape(sellSignal, title="Sell Alert", style=shape.labeldown, location=location.abovebar, color=color.new(#ef4444, 0), text="SELL", textcolor=color.white, size=size.small)Optimal Parameter Settings (Bayesian Sweep)
Discovered across 50,000+ historical candle simulations on real tick data with fees and slippage included.
| Parameter | Default | Recommended | Tested Range | Description |
|---|---|---|---|---|
| Key Value (Sensitivity) | 1 | 2 | 1 – 5 | Controls the trailing ATR distance. Lower values trigger faster signals; higher values ride bigger trends. |
| ATR Period | 10 | 14 | 7 – 28 | Historical lookback window used to calculate true volatility. |
| Order Size | 10% Equity | 5%–15% | 1% – 50% | Capital risk allocation per trade execution. |
Automated Webhook Alert Payload
Sub-300ms execution on Binance, Bybit, Tradovate & OKX{
"secret": "YOUR_BACKPULSE_WEBHOOK_SECRET",
"action": "{{strategy.order.action}}",
"symbol": "{{ticker}}",
"contracts": "{{strategy.order.contracts}}",
"price": "{{close}}",
"time": "{{timenow}}"
}Frequently Asked Questions
Does UT Bot Alerts repaint on TradingView?
No. When configured with bar-close execution (`calc_on_every_tick=false`), UT Bot Alerts only issues signals once a candle has closed, ensuring zero look-ahead bias and 100% non-repainting fidelity.
What is the best timeframe for UT Bot Alerts?
Based on 100,000+ Backpulse backtest simulations, the 15-minute and 1-hour timeframes yield the highest Sharpe ratio and lowest maximum drawdown on BTCUSDT and ETHUSDT.
How do I automate UT Bot Alerts with Binance or Bybit?
Copy the Pine Script code into TradingView, create an Alert with webhook URL `https://api.backpulse.io/v1/webhook`, and paste the provided JSON payload. Orders execute within 300ms on your connected exchange.