StockFetcher Forums · Filter Exchange · Trend Template by Mark Minervini<< >>Post Follow-up
1 posts
msg #125969
Ignore donaldtrump
10/30/2015 8:57:38 PM

The Trend Template 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).
8. The relative strength ranking (as reported in Investor’s Business Daily) is no less than 70, and preferably in the 80s or 90s, which will generally be the case with the better selections.

StockFetcher Code:

Close is above MA(50)
MA(50) is above MA(150)
MA(150) is above MA(200)
MA(200) is increasing for 1 month
Close divided by 260 day low is above 1.3
Close divided by 260 day high is above 0.75
Relative strength(^SPX,90) is above 1.0

1 posts
msg #132038
Ignore temp0003
10/20/2016 11:58:51 PM

Unfortunately, your RS formula is not correct. In fact, the IBD RS rating depends on the info in their database so you cannot replicate it here. I recommend you use the OBV oscillator to look for divergence instead.
Fetcher[Close > MA(50)
MA(50) > MA(150)
MA(150) > MA(200)
MA(200) increasing for 60 days
Close / Donchian Lower Band(250,4)> 1.3
Close / Donchian Upper Band(250,4) > 0.75
Close > 5
Chart-time 2 years
20 day slope OBV_Index > 0
20 day slope Close < 0
Do not draw Donchian Channels(250,4)

You might also be interested in what he calls the Power Play pattern.

1. An explosive price move commences on huge volume that shoots the stock price up 100 percentor more in less than eight weeks. This generally occurs after a period of relative dormancy.
2. The stock price then moves sideways in a relatively tight range, not correcting more than 20 to 25 percent over a period of three to six weeks (some can emerge after only 12 days).
3. There is very tight price action that does not correct the stock more than 10 percent, or the stock must display VCP characteristics.

I cannot model the exact rules (i.e. Up 100% in 8 weeks at some time 3 to 6 weeks ago) but here is something that is close:
Fetcher[Close > MA(50)
MA(50) > MA(200)
Set{X1, Donchian Upper Band(120,0) / Donchian Upper Band(120,120)}
Set{X2, Donchian Lower Band(40,0) / Donchian Upper Band(40,0)}
Set{X3, Donchian Lower Band(40,0) / Donchian Upper Band(40,120)}
X1 > 1.5
X2 > 0.75
X3 > 1
Chart-time 1 year
Do not draw Donchian Channels(40,0)
Do not draw Donchian Channels(120,0)
Do not draw Donchian Channels(250,0)
Do not draw X1
Do not draw X2
Do not draw X3

StockFetcher Forums · Filter Exchange · Trend Template by Mark Minervini<< >>Post Follow-up

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