OPEN-SOURCE SCRIPT
Updated Minervini Trend Template
Minervini Trend Template
1. Stock price is above MA 150 and 200
2. MA 150 is above MA 200
3. MA 200 is trending at least 1 month(22 days)
4. MA 50 is above both MA 150 and MA 200
5. Current stock price is 25% above 52 weeks low
6. Current Price is within 25% of 52 week high
7. RS Ratings
1. Stock price is above MA 150 and 200
2. MA 150 is above MA 200
3. MA 200 is trending at least 1 month(22 days)
4. MA 50 is above both MA 150 and MA 200
5. Current stock price is 25% above 52 weeks low
6. Current Price is within 25% of 52 week high
7. RS Ratings
Release Notes
Added 52 weeks highest / lowest line with option to enable or disable itRelease Notes
Tidy up codeRelease Notes
Change existing 25% high and low to use investopedia.com/ask/answers/04/041604.asp formulaRelease Notes
remove unused commentRelease Notes
change 52 week highest to daily with loopback optionRelease Notes
added current stock price is above ma 50Release Notes
Added number of criteria who meet conditionRelease Notes
Change to pinescript 5 and make table viewRelease Notes
fix tableOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.