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UT-Decision Engine v1.0

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What This Indicator Does
This is a multi-factor trading signal system that combines four technical analysis components to generate buy/sell signals. Here's the breakdown:
Core Components
1️⃣ UT Trailing Stop (Primary Trigger)

Uses ATR-based trailing stops to identify trend reversals
Only triggers when price crosses the trailing line AND expands beyond a minimum threshold
Acts as the primary "gatekeeper" - no signal fires without this

2️⃣ Supertrend (Trend Filter)

Determines overall market bias (uptrend/downtrend)
Blocks counter-trend signals (won't show LONG signals in downtrends, etc.)

3️⃣ RSI Momentum (Scoring)

Measures momentum using RSI slope
Normalized to contribute -1 to +1 to the final score
Adds conviction when momentum aligns with the trigger

4️⃣ Divergence Detection (Scoring)

Identifies bullish/bearish RSI divergences at pivot points
Uses a decay function (signals fade over time)
Adds extra weight when divergences support the trade direction

5️⃣ Decision Engine

Combines all factors into a score
Only fires signals when:

UT trigger occurs
Trend bias aligns
Combined score ≥ minimum threshold (default 1.2)

now if used along with the market phase dashboard that will help you with determining when to exit trades.
הערות שחרור
updated version

כתב ויתור

המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.