This indicator plots an ATR-based Chandelier Exit trailing stop on the price chart. It tracks a long stop under recent highs and a short stop above recent lows, then switches direction when price crosses the opposite stop. Buy and sell labels mark those flips.
Indicator · Pine Script v6 · On the chart
Luxy UT GOD UT-BOT Forecast
A price-chart indicator built on the UT Bot ATR trailing stop idea, with sensitivity and ATR period inputs and a preset chosen from the chart timeframe.
GitHub stars1on the repository
Pine versionv6current
Lines of code2,590
Settings40inputs
LicenceNone stated
Last update2 months ago20 Aug 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Luxy UT GOD UT-BOT Forecast prints buy and sell labels when price crosses the trailing line and offers an optional line, ribbon fill and bar colouring. A chop filter, optional ADX anti-whipsaw layer, cooldown, swing, percentage and volume filters reduce noise. A summary table is shown, and take profit and stop loss levels are included.
- UT Bot ATR trailing stop signals
- Smart chop filter and optional ADX layer
- Swing, percentage and volume filters
- Timeframe-based style presets
- Summary table and risk levels
Details
Published by
qtu11 on GitHub
Type
Indicator, Pine Script v6
Draws
On the price chart
Category
Trend, Volatility & bands
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Buy/Sell Labels | bool | true | utShowLabels |
| | Size | string | Small | labelSizeStr |
| UT Line | bool | false | utShowLine |
| Ribbon Fill | bool | false | utShowRibbon |
| Color Bars | bool | false | utColorBars |
| Show Table | bool | true | i_showTable |
| Position | string | Top Right | i_tablePos |
| Size | string | Normal | i_tableSize |
| Trading Style | string | Auto (from TF) | i_preset |
| Sensitivity | float | 1.2 | utKey |
| / ATR Period | int | 7 | utAtrPeriod |
| Classic UT-Bot Mode | bool | false | i_classicUT |
Show all 40 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Smart Chop Filter | bool | true | i_smartTrail |
| / Strength | float | 1.0 | i_chopStrength |
| Enable Anti-Whipsaw | bool | false | i_enableLayer1 |
| ADX | int | 14 | i_adxPeriod |
| / Thresh | int | 15 | i_adxThreshold |
| Cooldown | int | 3 | i_cooldownBars |
| / Confirm | int | 1 | i_confirmBars |
| Asset Type | string | ASSET_AUTO | i_assetType |
| | Adaptive Mode | string | ADAPT_DYNAMIC | i_adaptiveMode |
| High Vol Filter | bool | false | i_useVolatility |
| / Lookback | int | 50 | i_volLookback |
| × Avg | float | 1.2 | i_volThresh |
| Swing Filter | bool | false | utUseSwingFilter |
| / Lookback | int | 8 | swingLen |
| % Filter | bool | false | utUsePctFilter |
| / Min % | float | 0.05 | utPctThr |
| 2-Bar Confirm | bool | false | utUseDelay |
| Volume Filter | bool | false | i_useVolFilter |
| / SMA | int | 20 | i_volSmaLen |
| × Avg | float | 1.0 | i_volThreshold |
| RSI Filter | bool | false | i_useRsiFilter |
| / Len | int | 14 | i_rsiLen |
| Overbought | int | 70 | i_rsiOB |
| Oversold | int | 30 | i_rsiOS |
| Hull MA | bool | false | i_useHullConfirm |
| / Period | int | 20 | i_hullPeriod |
| SuperTrend | bool | false | i_useSuperTrend |
| / ATR | int | 10 | i_stAtrPeriod |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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