In this video, I reveal a powerful TradingView indicator setup that many traders call a “money-making machine”.
By using the UT Bot Alerts indicator and modifying the default settings, you can completely change how you view market trends and price action. Here is the exact step-by-step setup I use on the Nifty 50 chart:
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1. The UT Bot Setup:Open TradingView and search for the “UT Bot Alerts” indicator.
2. Apply the indicator to your chart two times.
3. Indicator 1 Settings: Change the Key Value to 2 and the ATR Period to one
4. Indicator 2 Settings: Change the Key Value to 2 and the ATR Period to 300.
5. Style Settings: For both indicators, turn OFF the trailing stop, buy signals, and sell signals—keep ONLY the “Bar Color” turned on.
How it Works:
Once applied, the candlesticks will change color to give you a clear visual of the market direction. You can ride the green candles for an uptrend and the red candles for a downtrend, making it incredibly easy to spot reversals
⚠️ Reality Check: As I always say, NO strategy works 100% of the time. This strategy will give you profits, but it will also result in some losses. Always practice proper risk management and backtest this yourself before using real capital.
👇 GET INSTANT ACCESS TO THE INDICATOR HERE: 👇
https://www.tradingview.com/script/jh5ljN0b-PRO-Dynamic-Renko-Trend-System/
Watch Secret Indicator Part 1 – https://youtu.be/A1ZCyvmgCvI
Watch Secret Indicator Part 2 – https://youtu.be/HtdfbSTK_Gs
Nifty Algo Option Selling Strategy – https://youtu.be/D3jcE6X0S7o
NIFTY /BANKNIFTY INTRADAY STRATEGY – https://www.youtube.com/playlist?list=PLkWVLWsEvnBwAKwsfyG7ib0InUBvis2Q1
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⚠️ DISCLAIMER: This video is strictly for educational purposes only.
I am not a SEBI-registered advisor. Do not trade solely based on this
content. Please consult a certified financial advisor before making
any investment decisions. Trading involves risk.
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