How to set up the UO bot

1. Set up the timeframe for your UO бот.
2. Set up the first period length (the number of candles to calculate the indicator values).
3. Set up the second period length (the number of candles to calculate the indicator values).
4. Set up the third period length (the number of candles to calculate the indicator values).
5. Set up the lower and upper range values for the signal generation. For example, if the lower and the upper values are 30 and 70, and the asset price line crosses the upper level of 70 from above, a sell signal will be formed. If the asset price line reaches the lower value of the indicator, a buy signal will be generated.

The Ultimate Oscillator indicator is an interesting technical indicator developed by a famous trader Larry Williams. The indicator is used to determine when the market is overbought/oversold by comparing the last closing price with the prices for three past periods.

The indicator calculates a weighted average value of three oscillators for three timeframes of different lengths.