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Discover UT Bot Alerts for MT4 2026 review with verified 12% monthly average returns, live win rate and drawdown data, plus setup guidance. Start now.

Core approach and methodology
Powerful capabilities designed for professional trading
ATR-based trailing stop for adaptive exit management
Alert system compatible with MT4 and live trade execution
Clear entry and exit rules for repeatable strategy behavior
Works across major forex pairs and select CFD instruments
Lightweight MQL4 code optimized for low-latency brokers
This expert advisor is designed for these trader profiles
Discretionary traders seeking mechanical signals on MT4 platform
Retail algorithmic traders wanting ATR-based stop logic
Swing traders preferring systematic entries and defined exits
Developers testing conversions of TradingView ideas to MT4
This UT Bot Alerts for MT4 review in 2026 presents a focused performance analysis of an ATR trailing stop system adapted from a popular TradingView script. The analysis evaluates live and demo account runs to quantify win rates, average return per trade, and peak drawdown. The review compares the converted MQL4 logic against the TradingView original and reports consistency in signal timing and exit discipline. Ulises Calderon Bautista implemented the MT4 conversion with attention to alert reliability and order execution details. What makes UT Bot Alerts for MT4 unique is its combination of simplicity and adaptiveness: the algorithm scales stop distances with market volatility using ATR, avoiding fixed pip stops that become obsolete in different regimes. The core algorithm issues long and short signals based on trend direction and derives trailing stops from a multiple of ATR. In ranging markets the system tightens exposure and in trending markets it allows profits to run, which leads to varied but predictable performance metrics. Risk management is embedded through the trailing stop and recommended position-sizing rules; the expected performance characteristics include moderate win rates with larger average winners, common in trend-following ATR systems. Traders should expect bursty trade frequency in volatile sessions and lower activity during quiet periods, and UT Bot Alerts for MT4 consistently enforces its exit logic to protect capital.
Comprehensive analysis of real-world trading performance and statistical metrics
Comprehensive analysis of potential risks and mitigation strategies
Conservative trading strategy with capital preservation focus
Impact of borrowed capital on position sizing
Sensitivity to market volatility and trends
Built-in protection mechanisms and controls
Based on historical data and strategy analysis
Impact of borrowed capital on position sizing
Sensitivity to market volatility and trends
Built-in protection mechanisms and controls
Step-by-step instructions to get UT Bot Alerts for MT4 running on your MT5 platform
Install UT Bot Alerts for MT4 by copying the MQL4 indicator file into the MT4 Experts or Indicators folder and restart the terminal. Attach the indicator to your chosen chart and enable alerts in the properties panel. Key parameters to configure include ATR period, ATR multiplier for trailing stop, timeframe filter, and alerts on/off. Use brokers with tight spreads and reliable execution, preferably ECN or low-markup forex brokers. Optimal chart timeframes are H1 and H4 for balanced trade frequency; test on demo for at least 60 trading days. Run forward testing and optimize ATR multiplier conservatively before going live.
Download UT Bot Alerts for MT4 from the MQL5 Market
Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.
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|---|---|---|---|---|---|---|
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UT Bot Alerts for MT4 is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.
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