Get started

Moving Averages

AventusIV | Moving AveragesThe AventusIV Moving Averages indicator is a customizable tool that plots a series of Exponential Moving Averages (EMAs) and Simple Moving Averages (SMAs) on your TradingView chart. It offers the following features: Multiple Moving Averages: Displays EMAs with periods of 9, 13, 23, 55, 113, and 200, and SMAs with periods of 50, 100, 200, and 325. Visibility Toggles: Enables users to show or hide all EMAs or all SMAs with a single checkbox, allowing focus on specific moving averages. Trend Color Option: When activated, this feature changes the color of each moving average based on the price’s position: Green if the price is above the moving average (suggesting a potential uptrend). Red if the price is below the moving average (suggesting a potential downtrend). Best Practices Trend Identification: Use the moving averages to gauge the overall trend. For instance, a price above multiple moving averages may signal a strong uptrend. Crossovers: Watch for crossovers between moving averages as potential indicators of trend shifts or trading opportunities. Support and Resistance: Treat moving averages as dynamic support or resistance levels, noting price reactions near these lines. Declutter Your Chart: Toggle off irrelevant moving averages to keep your chart clear and focused on your analysis. Trend Color Feature: Activate this option for a quick visual cue of the price’s position relative to each moving average, especially useful across multiple timeframes. The AventusIV | Moving Averages indicator combines flexibility and functionality, making it a valuable tool for traders to analyze trends and refine their strategies.
Pine Script™ indicator
by chrislooksatcharts
Ripster EMA CloudsRipster EMA Clouds Trading System The Ripster EMA Clouds indicator is a trend-following tool that highlights dynamic support and resistance zones using shaded Exponential Moving Average (EMA) clouds. This system is designed to help traders identify momentum shifts, trend confirmations, and retracement levels for both intraday and swing trading . Short-term EMAs (e.g., 5-12, 8-9) – Act as a fluid guide for day trades and pullback levels. Medium-term EMAs (e.g., 34-50, 20-21) – Provide insights into trend continuation and reversals. Long-term EMAs (e.g., 72-89, 180-200) – Help confirm overall bullish or bearish bias over larger timeframes. By observing how price interacts with these clouds, traders can identify key entry and exit points based on trend strength. The script also includes customizable cloud colors , allowing users to tailor the visualization to their strategy. Whether scalping, swing trading, or trend following, this indicator provides a clear framework for market analysis.
Pine Script™ indicator
by mcneal
Gamified Trading Adventure**Overview** This script combines *technical market analysis* with *gamified elements* to make charting more engaging. - It tracks each trade as part of a “battle,” awarding points or penalties based on whether you achieve a take profit (TP) or hit a stop loss (SL). - A dynamic factor (*tf_factor*) automatically adjusts indicator lengths and volatility parameters based on the current chart’s timeframe. **Core Logic & How It Works** 1. **Dynamic Timeframe Scaling** - Uses a base 5-minute reference to compute a *tf_factor*. - Automatically adjusts EMA, RSI, and ATR lengths to ensure consistency across different timeframes. 2. **Market Regime Detection** - **ADX & DI Lines** measure trend strength and direction (e.g., strong trend, choppy, or mean reversion). - *Volume Trend* confirms momentum or highlights low volatility phases. - *RSI Extremes* help identify overbought/oversold levels for potential mean-reversion entries. 3. **Entry & Exit Signals** - Signals appear upon regime changes (e.g., bullish or bearish shift). - Dynamic SL/TP lines are plotted using *ATR* and further scaled by market conditions (strong trend → wider stops, mean reversion → tighter stops). **Gamification Features** - Choose a **Character Type** (e.g., *Trader, Hunter, Knight*) and a **Difficulty** mode (e.g., *Easy, Balanced, Hard*). - Track **Score, Win Streaks, Success Rate**; unlock achievements like “First Trade” or “3-Win Streak.” - Gain *experience points* to level up your “trader” persona. **How to Use** - **Apply this script** on any timeframe. - **Watch for signals** (Buy/Sell markers) and their associated SL/TP levels. - **Check the game stats** table (if enabled) to see your total score, achievements, and rank. **Tips & Best Practices** - Combine this indicator with your own risk management rules and possibly other confluence signals. - Use alerts to be notified of new signals without staying glued to the screen. - Disable or enable *animations* and *achievements* as you prefer for a cleaner or more fun chart experience.
Pine Script™ indicator
by StonkTrader4
Dynamic Timeframe Trend AnalyzerPurpose and Core Logic This indicator automatically adjusts its calculations based on the current chart’s timeframe, allowing traders to analyze trends, momentum, and mean reversion opportunities without manually changing indicator settings for each interval. It detects potential long or short setups by combining several techniques: Dynamic Timeframe Factor The script compares the current timeframe to a base (e.g., 5 minutes) and calculates a “factor” to scale certain parameters, such as EMA lengths or ATR settings. This reduces the need to reconfigure indicators when switching timeframes. Regime Detection It uses ADX (Average Directional Index) to classify the market as strongly trending, moderately trending, choppy, or in a potential mean-reversion phase. RSI (Relative Strength Index) is also monitored for extreme levels (e.g., overbought/oversold) to detect potential reversal zones. Volume is compared to a moving average to confirm or refute volatility conditions. Trend & Mean Reversion Signals EMA Alignment (8/21/55) helps identify bullish or bearish phases (strong bull if all EMAs align upward, strong bear if aligned downward). For mean reversion opportunities, the script checks if ADX is sufficiently low (indicating weak or no trend) while price and RSI are at extreme levels—suggesting a snapback or countertrend move may occur. Dynamic Stop Loss & Take Profit Uses ATR (Average True Range) to set initial stop-loss (SL) and take-profit (TP) levels, then adjusts these levels further with “regime multipliers” based on whether the market is in a high-volatility trend or a quieter mean-reversion environment. This approach aims to place stops and targets in a more adaptive way, reflecting current market conditions rather than a one-size-fits-all approach. Visual Aids Color-coded chart backgrounds (e.g., greenish for bullish trend, red for bearish, yellow/orange for mean reversion). Triangles to show recent bullish/bearish signals. A status table in the top-right corner (optional) displaying key metrics like ADX, RSI, dynamic thresholds, current SL/TP levels, and whether a stop loss has been hit. How It Works Internally ADX & Dynamic Thresholds: A moving average (adx_mean) and standard deviation (adx_std) of the ADX are calculated over a lookback period to define “strong” vs. “weak” ADX thresholds. This allows the script to adapt to changing volatility and trend strength in different markets or timeframes. Mean Reversion Criteria: The indicator checks if price deviates significantly from its own moving average, alongside RSI extremes. If ADX suggests no strong directional push (i.e., the market is “quiet”), it may classify conditions as mean-reverting. Regime Multipliers: Once the script identifies the market regime (e.g., strong uptrend, choppy, mean reversion), it applies different multipliers to the user-defined base values for stop-loss and take-profit. For instance, strong trending conditions might allow for wider stops to handle volatility, while mean reversion signals use tighter exits to capture quick reversals. How to Use It Timeframe Agnostic Simply apply it to any timeframe (from 1-minute up to daily or weekly). The “Dynamic Timeframe Factor” will scale the indicator parameters automatically. Look for Buy/Sell Triangles When the script detects a valid bullish trend shift or a mean-reversion long setup, it plots a green triangle under the price bar. Conversely, it plots a red triangle above the price bar for bearish or mean-reversion short setups. Check the Status Table The table in the top-right corner summarizes the indicator’s current readings: ADX, RSI, volume trends, and the market regime classification. The table also shows if a stop loss has been hit (SL Hit) and displays recommended SL/TP levels if a signal is active. Stop Loss & Take Profit The script plots lines for SL and TP on your chart after a new signal. These lines are automatically adjusted based on ATR, volume conditions, and ADX-derived multipliers. Mean Reversion vs. Trend-Following If you see a “Mean Rev” state in the table or the background turning yellow/orange, it suggests potential countertrend trades. Conversely, “STRONG BULL” or “STRONG BEAR” states favor momentum-based entries in the prevailing direction. Originality & Benefits Adaptive to Timeframe: Many indicators require reconfiguration when switching from short to long timeframes. This script automates that process using the “timeframe factor” logic. Regime-Based SL/TP: Instead of fixed risk parameters, the script dynamically tunes stop and target levels depending on whether the market is trending or reverting. Comprehensive Market View: It combines multiple factors—ADX, RSI, volume, moving averages, and volatility measurements—into a single, integrated framework that categorizes the market regime in real time. Best Practices & Notes Timeframes: It typically performs well on intraday timeframes (5m, 15m, 1H) but can also be used for swing trading on 4H or Daily charts. Settings: The defaults are a good starting point, but you can adjust the base ATR multiplier or ADX lookbacks if you prefer a different balance between sensitivity and stability. Risk Management: This indicator is not a guarantee of any specific results. Always use proper risk management (position sizing, stop-losses, and diversified strategies). Alert Conditions: Built-in alert conditions can notify you when a new long or short signal appears, or when a stop loss is triggered.
Pine Script™ indicator
by StonkTrader4
5-Day SMA Trend Indicator (30m)This 5-Day SMA Trend Indicator is a simple yet powerful tool designed to help traders visualize short-term trend strength and direction. It analyzes the 5-day simple moving average (SMA) on an intraday timeframe (default: 30 minutes) to determine whether the market is in a bullish or bearish short-term trend. Key Features: ✅ 5-Day SMA Calculation – Plots a 5-period simple moving average (SMA) on an intraday chart ✅ Trend Detection – Identifies when the SMA is rising or falling ✅ Price Positioning – Determines whether price is above or below the SMA ✅ Color-Coded Background – • 🟩 Green → Price is above a rising SMA (bullish trend) • 🟥 Red → Price is below a falling SMA (bearish trend) ✅ Intraday Analysis – Uses 30-minute candles by default, but you can adjust the timeframe How It Works: 1. The script calculates the 5-day SMA using intraday price data. 2. It determines if the SMA is rising (bullish) or falling (bearish) by checking the slope of the moving average. 3. It checks if the current price is above or below the SMA. 4. If price is above a rising SMA, the background turns green (bullish signal). 5. If price is below a falling SMA, the background turns red (bearish signal). 6. If neither condition is met, no background color is applied. Use Cases: 📌 Trend Confirmation – Helps traders confirm if a rally is sustainable or likely to fail 📌 Entry & Exit Signals – Can assist in timing buy and sell decisions based on short-term trend direction 📌 Risk Management – Avoid buying into weak rallies below a falling SMA
Pine Script™ indicator
by exitstrategy88
Cipher [CdeCripto]Improve Your Trading with the Cipher Indicator Discover the power of the newly enhanced Cipher indicator—a sophisticated tool that combines multiple technical analyses to help you make better trading decisions. This chart integrates advanced features such as: Multi-Timeframe Analysis: The indicator examines higher timeframes to capture key bearish and bullish patterns. It checks that the RSI+MFI area is below zero (indicating a red zone), while the WaveTrend is above zero and crossing down, and confirms that the VWAP on the higher timeframe is below zero. This combination helps signal potential market reversals. Heikin-Ashi Integration (Diamond Pattern): By analyzing the latest Heikin-Ashi candles from two higher timeframes, the indicator identifies strong bearish or bullish conditions. When both higher timeframe candles are red and the WaveTrend is showing a downward cross, it marks a bearish diamond pattern (and vice versa for bullish), offering a clear visual cue for market entry or exit. Divergence & Signal Confirmation: Alongside standard buy and sell signals, the indicator also displays divergence signals using WaveTrend, RSI, and Stochastic RSI, adding an extra layer of confirmation. This multi-indicator approach helps filter out false signals and improves the precision of your trading strategy. Whether you’re a seasoned trader or just starting out, the Cipher indicator is designed to give you an edge by providing a clear, multi-dimensional view of market dynamics. Use it to enhance your trade setups and better anticipate market reversals.
Pine Script™ indicator
by CdeCripto
CryptoShakes v7 The CryptoShakes indicator is a comprehensive technical analysis tool designed to provide traders with a multifaceted view of cryptocurrency markets. By combining various technical indicators, chart patterns, and harmonic formations, CryptoShakes aims to identify high-probability trading opportunities through points of confluence. The key to successful trading lies in recognizing when multiple signals align, offering stronger confirmation of potential market movements. This indicator suite includes the Ichimoku Cloud, Bollinger Bands, Williams Alligator, momentum indicators, candlestick patterns, and harmonic pattern detection, among others. Each component contributes to a holistic market analysis, allowing traders to make more informed decisions. To maximize the effectiveness of CryptoShakes, users are encouraged to personalize the tool according to their trading style, risk tolerance, and preferred timeframes. Adjusting input parameters, toggling the visibility of specific components, and fine-tuning color schemes can significantly enhance readability and focus attention on the most relevant signals for individual trading strategies. Remember, while CryptoShakes provides a wealth of information, it's crucial to combine these insights with proper risk management and a thorough understanding of market fundamentals for optimal trading results. Request access for two week analysis.
Pine Script™ indicator
by Crypt0Curious
MTrades AlertsMTrades Alerts Developed by MTrades Description: The EMA 5, 12, and 50 Crossover Signal indicator is designed to provide precise buy and sell signals by leveraging the power of Exponential Moving Averages (EMAs). It is specifically crafted to follow the market trend and minimize false signals, making it ideal for both beginners and professional traders. How It Works: This indicator utilizes three key EMAs: EMA 5 (Blue Line): Short-term trend indicator. EMA 12 (Red Line): Medium-term trend indicator. EMA 50 (Purple Line): Long-term trend filter. Signal Generation: Buy Signal: Triggered when the price crosses above EMA 12 from below. Condition: Price must also be above EMA 50 to ensure the trade is aligned with the overall bullish trend. A green label is displayed below the candle to indicate the buy signal. Sell Signal: Triggered when the price crosses below EMA 12 from above. Condition: Price must also be below EMA 50 to ensure the trade is in line with the overall bearish trend. A red label is displayed above the candle to indicate the sell signal. Special Features: Trend Confirmation: Using EMA 50 as a trend filter reduces false signals in ranging markets. Visual Cues: Clear buy and sell labels for quick decision-making. Alerts: Built-in alerts for both buy and sell signals, allowing traders to stay updated even when away from the screen. Why Use This Indicator?: This indicator is designed to: Capture momentum at the right time. Avoid trading against the prevailing trend. Provide reliable entry and exit points for swing trading and intraday trading. Developed by MTrades: This indicator is crafted by MTrades to simplify trading decisions while maximizing profitability by staying in tune with the market trend. It's an ideal tool for traders who seek precision and clarity in their trading strategy.
Pine Script™ indicator
by MTrade_MomentumTrader
SMA, WMA, EMA Indicator (WMA, SMA default) with Trading StrategySMA, WMA, EMA Indicator (WMA, SMA default) with Trading Strategy Unlock powerful insights with the SMA, WMA, EMA Indicator, a comprehensive tool designed to optimize your trading strategy. This indicator combines key moving averages, including Simple Moving Averages (SMA), Exponential Moving Averages (EMA), and Weighted Moving Averages (WMA), with advanced confirmation features such as RSI and MACD to help you make informed trading decisions. Key Features: Multiple Moving Averages: Track trends across short, medium, and long timeframes with custom periods for SMA, EMA, and WMA, ensuring comprehensive market analysis. Entry Signal Alerts: Receive precise buy and sell signals based on proven strategies. The script automatically marks safe, normal, and risky long and short entry points with easy-to-read labels. MACD & RSI Confirmation: Incorporates momentum analysis with MACD and RSI to further validate entry conditions for enhanced accuracy. Customizable Labels & Shapes: Personalize your chart with customizable label positions, colors, and sizes. Display entry signals (safe, normal, risky) in real time. Intuitive Crossover Analysis: Watch for key crossovers between moving averages and spot potential trend reversals, with visual indicators like shapes and labels for easy decision-making. Advanced Strategy Classification: Classify entries as safe, normal, or risky based on a comprehensive checklist, allowing you to tailor your approach to risk tolerance. Ideal For: Traders looking for a customizable tool to identify high-probability trading opportunities. Those who want to blend multiple technical indicators for a deeper market analysis. Anyone seeking an easy-to-use, visually-rich tool to enhance their decision-making process. Perfect for both beginners and experienced traders who want to automate their trading strategy, reduce decision-making errors, and improve overall market analysis. Make your trading smarter with the SMA, WMA, EMA Indicator!
Pine Script™ indicator
by chryscampbell
ZEMA Crossover with Volume & ATR FiltersThis indicator uses the crossover of two ZEMAs (Zero-Lag Exponential Moving Averages) with additional filters based on volume and ATR to confirm trading signals. It displays "BUY" and "SELL" entry/exit points on the chart. "BUY" Signal: Appears when ZEMA1 crosses above ZEMA2, volume exceeds the threshold (if filter is enabled), and ATR is above its SMA (if filter is enabled). "SELL" Signal: Appears when ZEMA1 crosses below ZEMA2, with the same filter conditions. ZEMA lines are plotted on the chart: green (ZEMA1) and red (ZEMA2). The area between them is filled with color (green for bullish, red for bearish).
Pine Script™ indicator
by WinTechLab
GoldTrend-[NDTECH]The ndtech-GrowthGenius indicator is a custom trading tool designed to enhance trading decisions, particularly when used in conjunction with the MACD (Moving Average Convergence Divergence) indicator. Below is a detailed explanation of how it works and how to use it effectively in trading: Key Features of ndtech-GrowthGenius Indicator MACD-Based Enhancement: The ndtech-GrowthGenius indicator builds on the traditional MACD by adding additional layers of analysis, such as trend strength, momentum confirmation, and potential reversal signals. It uses the MACD line, signal line, and histogram but incorporates advanced algorithms to filter out noise and improve accuracy. Trend Identification: The indicator helps identify strong trends by analyzing the slope and divergence of the MACD histogram. It highlights potential trend continuations or reversals by combining MACD data with other technical factors. Momentum Confirmation: The ndtech-GrowthGenius indicator provides additional momentum signals, such as overbought/oversold conditions, to confirm MACD crossovers. Custom Alerts: It includes customizable alerts for MACD crossovers, histogram divergences, and trend changes, making it easier for traders to act on signals in real-time. User-Friendly Visualization: The indicator is designed to be visually intuitive, with color-coded histograms, arrows, or other markers to highlight key trading opportunities. How to Use ndtech-GrowthGenius with MACD Install the Indicator: Add the ndtech-GrowthGenius indicator to your trading platform (e.g., TradingView, MetaTrader). Ensure the MACD indicator is also applied to the chart for comparison. Identify MACD Crossovers: Look for the MACD line crossing above the signal line (bullish signal) or below the signal line (bearish signal). Use the ndtech-GrowthGenius indicator to confirm the strength of the crossover. Analyze Histogram Divergence: Pay attention to divergences between the MACD histogram and price action. The ndtech-GrowthGenius indicator will highlight significant divergences that may indicate potential reversals. Check Momentum Levels: Use the momentum confirmation feature to ensure the market is not overbought or oversold before entering a trade. Set Alerts: Configure alerts for key signals, such as MACD crossovers or histogram peaks/troughs, to stay updated on potential trading opportunities. Combine with Other Indicators: For better accuracy, combine the ndtech-GrowthGenius indicator with other tools like RSI, moving averages, or support/resistance levels. Example Trading Strategy Entry: Enter a long position when: The MACD line crosses above the signal line. The ndtech-GrowthGenius indicator confirms strong bullish momentum. The histogram shows increasing positive values. Exit: Exit the trade when: The MACD line crosses below the signal line. The ndtech-GrowthGenius indicator shows weakening momentum or a bearish divergence. Stop Loss and Take Profit: Place a stop loss below the recent swing low (for long positions) or above the recent swing high (for short positions). Set a take profit level based on risk-reward ratio (e.g., 1:2 or 1:3). Advantages of ndtech-GrowthGenius Improved Accuracy: Reduces false signals by filtering out market noise. Customizable: Can be tailored to suit different trading styles and timeframes. Real-Time Alerts: Helps traders act quickly on emerging opportunities. Limitations Lagging Nature: Like MACD, the ndtech-GrowthGenius indicator is based on historical data and may lag during highly volatile market conditions. Requires Confirmation: Should be used alongside other technical analysis tools for best results.
Pine Script™ indicator
by ndewangan940
Chart Box Session Indicator [The Quant Science]This indicator allows highlighting specific time sessions within a chart by creating colored boxes to represent the price range of the selected session. Is an advanced and flexible tool for chart segmenting trading sessions. Thanks to its extensive customization options and advanced visualization features, it allows traders to gain a clear representation of key market areas based on chosen time intervals. The indicator offers two range calculation modes: Body to Body: considers the range between the opening and closing price. Wick to Wick: considers the range between the session's low and high. Body To Body Wick to Wick Key Features 1. Session Configuration - Users can select the time range of the session of interest. - Option to choose the day of the week for the calculation. - Supports UTC timezone selection to correctly align data. 2. Customizable Visualization - Option to display session price lines. - Ability to show a central price line. - Extension of session lines beyond the specified duration. 3. Design Display Configuration - Three different background configurations to suit light and dark themes. - Two gradient modes for session coloring: - Centered: the color is evenly distributed. - Off-Centered: the gradient is asymmetrical. How It Works The indicator determines whether the current time falls within the selected session, creating a colored box that highlights the corresponding price range. Depending on user preferences, the indicator draws horizontal lines at the minimum and maximum price levels and, optionally, a central line. During the session: - The lowest and highest session prices are dynamically updated. - The range is divided into 10 bands to create a gradient effect. - A colored box is generated to visually highlight the chosen session. If the Extend Lines option is enabled, price lines continue even after the session ends, keeping the range visible for further analysis. This indicator is useful for traders who want to analyze price behavior in specific timeframes. It is particularly beneficial for strategies based on market sessions (e.g., London or New York open) or for identifying accumulation and distribution zones.
Pine Script™ indicator
by thequantscience
4 EMAs with Labels4 EMAs with Labels This simple, clean indicator displays four Exponential Moving Averages (EMAs) with customizable periods, each accompanied by a clear label directly on the chart. Features: Four pre-configured EMAs (21, 50, 100, and 200 periods) Fully customizable periods, colors, and labels Clear on-chart labels that identify each EMA Option to show/hide individual EMAs Compact label formatting with adjustable position Perfect for traders who want to track key moving averages without having to remember which color represents which period. The default configuration includes the most commonly used EMAs for trend identification and support/resistance analysis. Easily customize this indicator to fit your personal trading strategy and visual preferences while maintaining a clean, uncluttered chart.
Pine Script™ indicator
by dmahtani
Mark Minervini Buy Signal# 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.
Pine Script™ indicator
by Dr_Leong_Yee_Rock