OmkarBanne

Mark Minervini's Trend Template

The Mark Minervini Trend Template Indicator is a powerful tool designed to identify potential trends in the stock market.

Based on the renowned trading methodology developed by Mark Minervini, this indicator incorporates several key criteria to assist traders in making informed decisions.

The indicator checks the following criteria:

- Price above 50-day Moving Average (50MA):
The indicator confirms if the current price is trading above the 50-day moving average, indicating potential bullish momentum.

- Price above 150-day Moving Average (150MA):
The indicator verifies if the current price is above the 150-day moving average, suggesting a sustained upward trend.

Price above 200-day Moving Average (200MA): The indicator ensures that the current price remains higher than the 200-day moving average, indicating a strong bullish bias in the market.

- 50-day Moving Average (50MA) greater than 150-day Moving Average (150MA):
This criterion compares the 50-day moving average with the 150-day moving average and confirms if the shorter-term average is higher, signifying increasing short-term strength.

- 50-day Moving Average (50MA) greater than 200-day Moving Average (200MA):
This criterion compares the 50-day moving average with the 200-day moving average and validates if the shorter-term average is higher, indicating a potential bullish trend.

- 150-day Moving Average (150MA) greater than 200-day Moving Average (200MA):
This criterion compares the 150-day moving average with the 200-day moving average and confirms if the intermediate-term average is higher, suggesting a strengthening bullish trend.

- 200-day Moving Average (200MA) in Uptrend:
The indicator analyzes the slope of the 200-day moving average to determine if it is ascending, indicating a sustained bullish trend.

- Price within 25% of 52-week High:
The indicator assesses if the current price is trading within 25% of its 52-week high, potentially indicating a strong upward momentum and bullish sentiment.

- Price at least 25% above 52-week Low:
The indicator verifies if the current price is trading at least 25% above its 52-week low, suggesting resilience and potential bullish strength.


*Also, when you hover over the table cells, it shows the tooltip.

*By incorporating these criteria into your TradingView charts, the Mark Minervini Trend Template Indicator can help you identify potential bullish trends, enabling you to make more informed trading decisions.

*Please note that this indicator should be used to support your analysis and combined with additional technical and fundamental analysis for a comprehensive trading strategy.


***Disclaimer:
The Mark Minervini Trend Template is intended for informational and educational purposes only.
Trading involves risk, and you should consult with a financial advisor or conduct your research before engaging in any trading activities.

Add it to your favourites and start using it right away!

Charts speak!
开源脚本

本着真正的TradingView精神,该脚本的作者将其开源发布,以便交易者可以理解和验证它。为作者喝彩!您可以免费使用它,但在出版物中重复使用此代码受网站规则的约束。 您可以收藏它以在图表上使用。

免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。

想在图表上使用此脚本?