SB Master Chart

14 เม.ย. 2021

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This is the SB Master Chart. I have combined my Swing Traders Serenity filter to this indicator as a filter for even better trade entries and exits.

SB Master Chart was designed with a minimalist appearance, but is able to provide a trader with all the information he needs at a glance to make informed trading decisions. This chart utilizes the alert() function so the trader can be alerted even while away from a computer to a potential trade opportunity.

The visual display of the chart utilizes the following indicators.

• Bollinger
  
• MACD
  
• RSI
  
• Stochastic
  
• Session SMA5, SMA20, SMA50
  
• Daily VWAP20, VWAP50, VWAP100
  

The alert condition utilizes a combination of the above to form its overbought/oversold conditions.

The bar colors are determined by the three moving averages the chart tracks, MA5 , MA20, and MA50.
If the bars are green, a clear uptrend is happening, red represents downtrend.
Yellow bars indicate MA5 is in an uptrend and Orange indicates that MA5 is in a downtrend.
The x's at the bottom of the chart represent macd crossovers and crossunders.

The following dynamic support and resistance lines are as follows.

• The black horizontal lines are the current bars upper and lower Bollinger Band.
  
• The green horizonal line is the 20 day VWAP.
  
• The yellow horizonal line is the 50 day VWAP.
  
• The red horizonal line is the 100 day VWAP.
  

The settings for the chart include the following.

• Options for the chart include the ability to disable oversold or overbought alerts.
  
• The ability to turn off most of the visual settings.
  
• A multi time frame filter called "Swing Traders Serenity" to filter out trades that do not meet uptrend/downtrend criteria on higher time frames/periods.
  
• A sympathy play. Sometimes when a stock moves, other stocks move with it. Be alerted when a sympathy play is about to happen by tracking another ticker.
  

15 เม.ย. 2021

เอกสารเผยแพร่

Added additional alertcondition() to make the script compatible with webhook bots.

15 เม.ย. 2021

เอกสารเผยแพร่

Updated a bug with the background color interfering with the new alertcondition() functions.