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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.
Notas de Lançamento
updated version

Aviso legal

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