OPEN-SOURCE SCRIPT

UT Bot Alerts with R-Targets & Results

153
< DONE BY RM ALOWAIS >


Indicator Overview
This indicator provides rule-based BUY and SELL signals with automatic risk management levels.
Each trade setup includes a predefined Stop Loss and up to three Take Profit targets (TP1, TP2, TP3), allowing traders to manage risk and scale exits systematically.

How It Works

BUY and SELL signals are generated based on internal market conditions.

Each signal plots:

Entry point

Stop Loss (SL)

Take Profit levels (TP1, TP2, TP3)

After price action completes, the indicator displays the actual result of the trade:

Result: TP1 / TP2 / TP3 / SL

Exit labels may appear when a trade is closed early due to invalidation or opposite conditions.

Key Features

Non-repainting signals

Built-in risk-to-reward structure

Visual trade tracking with clear outcomes

Suitable for intraday and swing trading

Works on multiple markets and timeframes

Usage Notes

This indicator is a decision-support tool, not financial advice.

Best results are achieved when used with proper risk management and higher-timeframe confirmation.

Performance may vary depending on market conditions (trend vs range).

Disclaimer
This script is provided for educational and informational purposes only.
The author is not responsible for any financial losses. Always test and validate before using in live trading.

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