Fred6724

Mark Minervini

Fred6724 Updated   
Hi everyone,

Just sharing a script that I made when I began to be interested in Mark Minervini, Wiliam O'Neil, Nicolas Darvas,.. trading style.

This script displays :
- 10 EMA ( orange )
- 20 EMA (blue light)
- 50 SMA (blue)
-150 SMA (green)
-200 SMA (red)
- Shows when the stock is "extended" from EMA10 to high of the candle (Works in Daily, you can adjust the % to make it match with the stock's volatility )
(Shows a red area between price and 10 EMA )
- Shows when Mark Minervini's trend template is respected by highlighting green between 150 & 200 SMA .

I Although added bollinger bands and 5 EMA for very strong stocks. (I never use them)

Have fun
Release Notes:
Removed useless comments
Release Notes:
Removed useless comments
Release Notes:
- Removed indicators that were polluting the visual overview
Release Notes:
- Added the possibility to display 3 Week Tight Closes to see potential accumulation (too confirm with low volume) and trade setup within STAGE 2 Market
Release Notes:
- Modified the code to only make the extended color in Daily Graph
- Improved a little bit the Weekly Tight Closes Detector
Release Notes:
'- Remove 'Trade'' by 'Trend' in the commentary
Release Notes:
- Now possible to display inside bars on every time frame
Release Notes:
- Changes Graph Exemple
- Added the possibility to modify inside day color line
- Added a bigger size to double inside days
Release Notes:
- Modified Tight Closes so that they are :
-> Auto-adaptable on every chart
-> Now very close to what we can see in Wiliam O'Neil's Book
-> Subtly indicated by soft boxes
-> Color can be modified in the parameters box
Honestly... I pulled myself up by my bootstraps, I'm really proud of the result ! Haha
Release Notes:
- Corrected a bug that appears in Da Graph due to Tight Closes Display
Release Notes:
- Extended Price are now auto-adaptive
Release Notes:
- Changed the green lines by boxes using box.new()
- Coloured inside the lines of the inside days
- Added some comments and reorganised the code a little
Release Notes:
Re-organised position and feature's names
Release Notes:
- Added comment in english regarde the 52We part (It was in French before)
- Added the Mark Minervini Trend Template in comments from "Trade Like a Stock Market Wizard"
Release Notes:
- Now Inside Days and Tight Closes are thinner
- Removed the bolinger bands
- Added the 10 SMA in red, now possible to display it
- Adjusted the box arround Weekly Tight Closes
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

Want to use this script on a chart?