Trend Template by Mark Minervini

Category: Screeners By: Nicolas Created: April 13, 2017, 5:27 PM
April 13, 2017, 5:27 PM
Screeners
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The Trend Template stock screener is a set of selection criteria by Market Wizard Mark Minervini. Here are the rules:

  1. The current stock price is above both the 150-day (30-week) and the 200-day (40-week) moving average price lines.
  2. The 150-day moving average is above the 200-day moving average.
  3. The 200-day moving average line is trending up for at least 1 month (preferably 4–5 months minimum in most cases).
  4. The 50-day (10-week) moving average is above both the 150-day and 200-day moving averages.
  5. The current stock price is trading above the 50-day moving average.
  6. The current stock price is at least 30 percent above its 52-week low. (Many of the best selections will be 100 percent, 300 percent, or greater above their 52-week low before they emerge from a solid consolidation period and mount a large scale advance.)
  7. The current stock price is within at least 25 percent of its 52-week high (the closer to a new high the better).
//PRC_Trend Template | screener
//13.04.2017
//Nicolas @ www.prorealcode.com
//Sharing ProRealTime knowledge

ma50=average[50]
ma150=average[150]
ma200=average[200]

c1 = Close > average[50]
c2 = ma50>ma150
c3 = ma150>ma200
c4 = summation[20](ma200>ma200[1])=20
c5 = Close/lowest[250](low)>1.3
c6 = Close/highest[250](high)>0.75

TrendTemplate = c1 and c2 and c3 and c4 and c5 and c6

screener[TrendTemplate]

 

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Filename: PRC_Trend-Template.itf
Downloads: 1031
Nicolas Master
I created ProRealCode because I believe in the power of shared knowledge. I spend my time coding new tools and helping members solve complex problems. If you are stuck on a code or need a fresh perspective on a strategy, I am always willing to help. Welcome to the community!
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