The Flash-Strategy with Minervini Stage Analysis Qualifier

The Flash-Strategy with Minervini Stage Analysis Qualifier indicator provides a comprehensive trading framework that identifies high-probability entries by combining momentum, trend confirmation, and volatility filters. This tool specifically targets Stage 2 uptrends for long positions and Stage 4 downtrends for short positions to align trades with the strongest phases of the market cycle.

Usage

The Flash-Strategy generates signals based on the confluence of three primary technical filters. A Long signal is triggered when the market is in a confirmed Stage 2 uptrend (Price > EMA150 > EMA200), a bullish EMA crossover occurs, and the Momentum-RSI indicates significant trend strength. Conversely, Short signals are generated during Stage 4 downtrends (Price < EMA150 < EMA200) when a bearish EMA crossover is supported by bearish momentum.

Users can choose between two operational versions:

• Version 1 (Dynamic): Utilizes a trailing stop-loss based on the SuperTrend indicator to secure profits during trending moves.
• Version 2 (Static): Uses fixed percentage-based stop-loss and take-profit levels for a more traditional risk management approach.

Details

The strategy is built upon the following technical concepts:

• Minervini Stage Analysis: Filters trades to ensure they occur only during the most profitable stages of a market cycle (Stage 2 for longs and Stage 4 for shorts), characterized by specific moving average alignments (EMA 50, 150, and 200).
• Momentum-RSI: A specialized calculation of the Relative Strength Index applied to momentum (Price - Price[n]) to gauge the velocity of the move rather than just price levels.
• EMA Crossover: Acts as the primary trend trigger, ensuring the short-term trend is accelerating in the direction of the long-term trend.
• Volatility Filtering: Incorporates ATR-based calculations (via SuperTrend) to manage exits and adapt to changing market volatility.

Settings

Rsi Of Momentum

• Length Mom-Rsi: Determines the lookback period for calculating the Momentum-RSI.
• Mom-Rsi Limit Val: The threshold level required to validate trend strength for an entry.

SuperTrend indicator

• ATR Length SuperTrend: The period used for volatility calculation in the dynamic stop-loss.
• Factor SuperTrend: The multiplier that determines the sensitivity of the trailing stop.

Ema indicator

• Source Ema Ind: The price source (Close, Open, etc.) used for the crossover logic.
• Length Ema Ind: The lookback period for the primary signal EMA.
• Percent Ema Ind: A percentage offset used for calculating the strategy's internal trend line.

EMA50/150/200

• SHOW EMAS: Toggles the visibility of the stage-qualifying moving averages.
• EMA Colors/Linewidths: Customizable visual settings for the trend filters.

Settings of Strategy

• BackTest Time Range: Defines the start and end dates for strategy performance metrics.
• Dollar Cost Per Position: The amount of capital allocated to each trade.
• Trade Direction: Filters signals for Long, Short, or Both.
• Version Toggle: Switch between dynamic trailing stops (Version 1) or static % targets (Version 2).

FAQ

How do I interpret the Stage Analysis Qualifier? The strategy only allows trades when the trend is clearly defined. For longs, the price and shorter EMAs must be above the longer-period EMAs (50 > 150 > 200), ensuring you are trading a "Stage 2" markup phase.

What is the difference between the two versions? Version 1 adapts to market volatility by using a trailing stop that moves with the price, whereas Version 2 uses fixed percentages determined in the settings menu.

How can I access The Flash-Strategy with Minervini Stage Analysis Qualifier? You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.