Mag7 Day-Trade Recommender & Status Board (v6)

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📌 Mag7 Day-Trade Recommender & Status Board (v6)
Overview

This indicator system is designed to generate high-probability intraday trading signals on the Magnificent Seven stocks (AAPL, MSFT, NVDA, GOOGL, AMZN, TSLA, META). It combines price action with VWAP, EMA trend filters, and volume confirmation to highlight potential long and short setups.

It comes in two versions:

Day-Trade Recommender (single-symbol) – overlays on one chart, plotting entries, stops, and targets.

Status Board (multi-symbol scanner) – a dashboard table showing signal status across all Mag7 stocks at once.

Core Logic

VWAP Crossovers: Signals are triggered when price crosses above (LONG) or below (SHORT) VWAP.

EMA Trend Filter: Confirms trades only when price is aligned with the EMA50 slope (optional).

Volume Spike Filter: Requires current volume to exceed the 20-bar average by a set multiplier (default: 1.2×).

ATR-Based Risk/Reward: Stops are placed using ATR multiples, with profit targets set at 1R and 2R.

Session Filter: Optionally restricts signals to Regular Trading Hours (09:30–16:00).

******************Note: Not financial advice. For educational purposes only. /b]*******************

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