Strategy for UT Bot Alerts indicator

Script from: TradingViewSwingTrend followingVolatility

The "Strategy for UT Bot Alerts indicator" employs three indicators – UT Bot Alerts, a 200-period EMA for trend direction, and an ATR-based stop loss. Trade entries are signaled by EMA and ATR crossover with half positions closed at a 3:1 profit target and the remainder upon trend reversal. Position size is calculated using 2.5% account risk and ATR for stop losses. The strategy requires rigorous backtesting before live implementation and may benefit from parameter adjustments.

Audit verdict

Not rankedUpdated Jul 28, 2026

No reliable edge found

Its average result can't be told apart from chance, so it stays out of our rankings. The script itself passed our repainting audit.

2,056backtests3 markets

36robust scoreranked median 52

0.26p-valueranked median 0.24

8/175pass quality gatebacktests >15 trades

Audit details

How we decide whether a strategy enters our rankings. Read the methodology →

Repainting audit

6 of 8 checks passed.

strategy() with calc_on_every_tick=true or recalculate_on_every_tick=true

Found on line 4. Disable calc_on_every_tick/recalculate_on_every_tick for stable backtests unless truly required.

✓

Script availability

Open-source, still published on TradingView.

Statistical edge

Average t-statistic 1.97 (p = 0.26), below the median of 1.98 (p = 0.24) for ranked strategies.

✓

Quality gate

8 of 175 backtests with more than 15 trades pass our quality gate.

Robust score

36/100, below the median of 52 for ranked strategies.

How its evidence compares

The t-statistic measures how far the average result sits from zero relative to its noise. Below about 2, it is within what random entries produce.

1.97

avg. t-statistic

1.98

median, ranked strategies

Best 5 of 2,056 backtests

Shown for transparency.

Symbol	Timeframe	Net profit	Profit factor	Trades	Max drawdown
Lucid Group, Inc. NASDAQ:LCID	1H	+4,433%	1.35	484	48%
Cronos/Tether OKX:CROUSDT	4H	+1,879%	1.98	584	31%
Stellantis NV EURONEXT:STLAP	2H	+1,560%	1.37	865	47%
Apple Inc. NASDAQ:AAPL	1H	+1,158%	1.20	927	38%
GE Aerospace NYSE:GE	1H	+988%	1.33	1,052	32%

⚠Selected after the fact: these are the best 5 of 2,056 runs, not what to expect from this strategy.

Is Strategy for UT Bot Alerts indicator profitable?

Not reliably, based on our tests. Across 2,056 backtests, 8 of 175 with more than 15 trades pass our quality gate. The best result is +4,433% on Lucid Group, Inc. (1H, 484 trades). On average, its results are statistically indistinguishable from chance (p = 0.26).

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