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Minervini breakout - Anduril

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This indicator checks the Mark Minerivini trend template as well checks consolidation areas and breakout.

Checks the highest closing price of last x days (default 20 days), exluding current day and draws a white dashed line, Calculates the relative volume of the current day. Calculates EMA 21, EMA50 and EMA200 and draws on the graph to define trend.

Gives a buy signal in green (writing relative strength of that day inside of green arrow) if:

1)       Current price> breakout price* 0.98
2)       Current price > EMA21 >EMA50>EMA200
3)       Current price > 52 week high*0.75
4)       Current price > 52 week low*1.3
5)       EMA 200 of today > EMA 200 of 10 bar ago > EMA 200 of 20 bar ago
6)       Relative volume of the day > 1.5

Feragatname

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