SB Master Chart

2021년 4월 14일

A free 14 day trial is available upon request.

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.
  

2021년 4월 15일

릴리즈 노트

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

2021년 4월 15일

릴리즈 노트

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