Mark Minervini Buy Signal

5 Mac

# Mark Minervini Buy Signal Indicator

This indicator implements Mark Minervini's "Stage 2 Uptrend" buy criteria from his SEPA (Specific Entry Point Analysis) methodology as described in his books "Trade Like a Stock Market Wizard" and "Think & Trade Like a Champion". The script identifies potential buy setups based on Minervini's technical criteria for stocks showing strong momentum characteristics.

## How It Works

The indicator evaluates various technical conditions to identify stocks in a Stage 2 uptrend according to Minervini's methodology:

1. **Moving Average Alignment**
- 150-day MA above 200-day MA (confirming overall uptrend)
- 200-day MA trending up (compared to 20 days ago)
- 50-day MA above both 150-day and 200-day MAs (showing recent strength)
- Price above all major moving averages (50, 150, 200-day MAs)

2. **Price Relative to 52-Week Range**
- Price at least 25% above 52-week low (showing strong recovery)
- Price within 75-95% of 52-week high (room for further upside)

3. **Relative Strength**
- Stock ranks in the top 30% based on 100-day price performance
- This implements Minervini's emphasis on buying only strong performers

4. **Volume Criteria**
- Volume above its 50-day moving average (showing increasing interest)

## How to Use This Indicator

When all conditions are met, the indicator displays a green triangle below the price bar and colors the background green. These signals identify potential candidates for further analysis. According to Minervini's methodology, you should:

1. Use this as a screening tool to identify potential candidates
2. Perform additional chart analysis to identify specific entry points
3. Look for decreased volatility and proper bases or consolidation patterns
4. Consider broader market conditions and sector strength before entering

## Sources and Credit

This indicator is based on Mark Minervini's trading methodology as outlined in:

1. Minervini, Mark. "Trade Like a Stock Market Wizard: How to Achieve Super Performance in Stocks in Any Market" (2013)
2. Minervini, Mark. "Think & Trade Like a Champion: The Secrets, Rules & Blunt Truths of a Stock Market Wizard" (2016)
3. Minervini, Mark. "Mindset Secrets for Winning: How to Bring Personal Power to Everything You Do" (2019)
4. Interviews and workshops where Minervini has described his SEPA methodology

The specific criteria implemented are derived from Minervini's "Stage Analysis" framework, particularly focusing on Stage 2 uptrends which he considers optimal for buying opportunities.

## Disclaimer

This indicator is provided for informational purposes only. It attempts to reproduce Minervini's published criteria but should be used as part of a complete trading strategy with proper risk management. Minervini's complete methodology includes additional subjective elements that cannot be fully automated.

6 Mac

Nota Keluaran

# Mark Minervini Buy Signal Indicator

This indicator implements Mark Minervini's "Stage 2 Uptrend" buy criteria from his SEPA (Specific Entry Point Analysis) methodology as described in his books "Trade Like a Stock Market Wizard" and "Think & Trade Like a Champion". The script identifies potential buy setups based on Minervini's technical criteria for stocks showing strong momentum characteristics.

## How It Works

The indicator evaluates various technical conditions to identify stocks in a Stage 2 uptrend according to Minervini's methodology:

1. **Moving Average Alignment**
- 150-day MA above 200-day MA (confirming overall uptrend)
- 200-day MA trending up (compared to 20 days ago)
- 50-day MA above both 150-day and 200-day MAs (showing recent strength)
- Price above all major moving averages (50, 150, 200-day MAs)

2. **Price Relative to 52-Week Range**
- Price at least 25% above 52-week low (showing strong recovery)
- Price within 75-95% of 52-week high (room for further upside)

3. **Relative Strength**
- Stock ranks in the top 30% based on 100-day price performance
- This implements Minervini's emphasis on buying only strong performers

4. **Volume Criteria**
- Volume above its 50-day moving average (showing increasing interest)

## How to Use This Indicator

When all conditions are met, the indicator displays a green triangle below the price bar and colors the background green. These signals identify potential candidates for further analysis. According to Minervini's methodology, you should:

1. Use this as a screening tool to identify potential candidates
2. Perform additional chart analysis to identify specific entry points
3. Look for decreased volatility and proper bases or consolidation patterns
4. Consider broader market conditions and sector strength before entering


## Disclaimer

This indicator is provided for informational purposes only. It attempts to reproduce Minervini's published criteria but should be used as part of a complete trading strategy with proper risk management. Minervini's complete methodology includes additional subjective elements that cannot be fully automated.

6 Mac

Nota Keluaran

# Mark Minervini Buy Signal Indicator

This indicator implements Mark Minervini's "Stage 2 Uptrend" buy criteria from his SEPA (Specific Entry Point Analysis) methodology as described in his books "Trade Like a Stock Market Wizard" and "Think & Trade Like a Champion". The script identifies potential buy setups based on Minervini's technical criteria for stocks showing strong momentum characteristics.

## How It Works

The indicator evaluates various technical conditions to identify stocks in a Stage 2 uptrend according to Minervini's methodology:

1. **Moving Average Alignment**
- 150-day MA above 200-day MA (confirming overall uptrend)
- 200-day MA trending up (compared to 20 days ago)
- 50-day MA above both 150-day and 200-day MAs (showing recent strength)
- Price above all major moving averages (50, 150, 200-day MAs)

2. **Price Relative to 52-Week Range**
- Price at least 25% above 52-week low (showing strong recovery)
- Price within 75-95% of 52-week high (room for further upside)

3. **Relative Strength**
- Stock ranks in the top 30% based on 100-day price performance
- This implements Minervini's emphasis on buying only strong performers

4. **Volume Criteria**
- Volume above its 50-day moving average (showing increasing interest)

## How to Use This Indicator

When all conditions are met, the indicator displays a green triangle below the price bar and colors the background green. These signals identify potential candidates for further analysis. According to Minervini's methodology, you should:

1. Use this as a screening tool to identify potential candidates
2. Perform additional chart analysis to identify specific entry points
3. Look for decreased volatility and proper bases or consolidation patterns
4. Consider broader market conditions and sector strength before entering

## Disclaimer

This indicator is provided for informational purposes only. It attempts to reproduce Minervini's published criteria but should be used as part of a complete trading strategy with proper risk management. Minervini's complete methodology includes additional subjective elements that cannot be fully automated.