Multi Condition Stock Screener & Alert System

The Multi Condition Stock Screener & Alert System indicator is a comprehensive scanning tool designed to monitor multiple symbols simultaneously and trigger alerts based on complex, user-defined technical conditions. This system allows traders to build sophisticated strategies by combining various technical indicators without the need for manual coding.

Usage

The Usage section focuses on setting up the screening parameters and logical conditions. Users can select from 14 predefined groups (primarily focused on BIST/Istanbul Stock Exchange) or create a "SPECIAL" custom list of up to 40 symbols.

To use the tool:

1. Select a Scanner Group: Choose a predefined set of tickers or input your own in the "SPECIAL" group.
2. Configure Indicators: Adjust the parameters for the built-in indicators including RSI, Moving Averages, CCI, and Bollinger Bands.
3. Build Conditions: Activate up to 6 separate conditions. For each, define the direction (Long/Short) and the comparison logic (e.g., RSI > 50 or MA1 crossing over MA2).
4. Logic Operators: Use the "AND/OR" settings to determine how conditions are linked. For example, setting it to "AND" requires every active condition to be true for a signal to trigger.
5. Set Alerts: Use the JSON-optimized alert output to send notifications to external platforms like Telegram or other webhook-compatible services.

Details

The script utilizes the request.security() function to fetch data across multiple symbols on the current chart timeframe. It processes the following built-in technical indicators:

• Moving Averages: Supports EMA, SMA, RMA, and WMA.
• RSI (Relative Strength Index): Standard momentum oscillator.
• CCI (Commodity Channel Index): Used to identify cyclical trends.
• ATR (Average True Range): Volatility measurement.
• BBW (Bollinger Bands Width): Measures the distance between upper and lower bands.
• ADX (Average Directional Index): Quantifies trend strength.
• MFI (Money Flow Index): Volume-weighted momentum.
• MOM (Momentum): Measures the rate of change in price.

The logic engine evaluates every active condition for each symbol in the selected group on every bar. When the logical requirements are met, a visual label is plotted on the main chart, and an alert message is prepared.

Settings

Indicator Settings

• ATR/BB/CCI/RSI/ADX/MFI/MOM Length/Source: Standard inputs to define the calculation periods and data sources for each indicator.
• MA 1 & MA 2: Allows selection of the moving average type (EMA, SMA, etc.) and its length.

Condition Settings (1-6)

• CONDITION Active: Toggles whether the specific condition is used in the screening logic.
• Direction: Specifies if the condition applies to a Buy/Long or Sell/Short signal.
• Comparison Logic (1, Comparison, 2): Defines the relationship between two indicators or an indicator and a fixed value.
• Value Bool / Value: When enabled, allows the comparison of an indicator against a specific numeric value instead of another indicator.

Scanner & Settings

• SCANNER GROUP: Selects the ticker group to be scanned.
• BUY/SELL CONNECT: Defines the logical operator (AND/OR) used to combine the activated conditions.
• SPECIAL Symbols: List of 40 input fields for manual ticker entry.

FAQ

How do I set up alerts for multiple stocks at once?

You can set a single alert on the indicator. Because the script iterates through all symbols in your selected group, the alert will trigger whenever any symbol within that list meets your defined criteria.

Can I use this for markets other than the Istanbul Stock Exchange?

Yes. While the predefined groups are categorized for BIST, you can select the "SPECIAL" group and manually input up to 40 tickers from any market (Crypto, Forex, US Stocks, etc.) available on your platform.

How do I access the Multi Condition Stock Screener & Alert System?

You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.