Weinstein Stage Analysis + Trade…: Free TradingView Indicator (Pine Script)

Add It to Your TradingView Chart

1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.

Source Code

The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.

Overview

Weinstein Stage Analysis + Trade Plan judges Stage 1 to 4 from the slope of a 30-week moving average and the price position, colours the background by stage and labels stage starts and ends. A trade plan layer shows ENTER on a volume breakout from a base or a light-volume retest, ADD signals up to a set number of tranches, HOLD dots and EXIT signals. It is designed for weekly charts and converts week lengths on daily charts.

Stage 1 to 4 detection from a 30-week moving average
ENTER, ADD, HOLD and EXIT signals
Investor and trader exit styles
Stage background colours and dashboard table

Details

Published by

shravanmateti on GitHub

Type

Indicator, Pine Script v6

Draws

On the price chart

Markets

Stocks

Timeframes

H4 and above

Risk Notes

No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.

File

pine/weinstein-stage-analysis-v1.pine

Repository

github.com/shravanmateti/weinstein-stage-analysis

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

Setting	Type	Default	Variable
Daily chart: convert weeks to days (x5)	`bool`	`true`	`autoScale`
Stage MA (30-week = 150-day)	`int`	`30`	`maWeeks`
Fast MA (10-week = 50-day)	`int`	`10`	`fastWeeks`
MA type	`string`	`SMA`	`maType`
Slope lookback (weeks)	`int`	`4`	`slopeWeeks`
Flat MA threshold (% change over slope lookback)	`float`	`0.5`	`flatThreshold`
Base / resistance lookback (weeks)	`int`	`10`	`baseWeeks`
Weeks MA must stop rising/falling to change stage	`int`	`2`	`confirmWeeks`
Volume average length (bars)	`int`	`30`	`volLen`
Breakout volume (x average)	`float`	`2.0`	`volMult`
Max tranches (1 entry + adds)	`int`	`3`	`maxTranches`
Min weeks between tranches	`int`	`3`	`coolWeeks`

Show all 21 settings

Setting	Type	Default	Variable
Breakout entry window (weeks after Stage 2 starts)	`int`	`4`	`entryWeeks`
Pullback / retest zone (%)	`float`	`3.0`	`zonePct`
Exit style	`string`	`Investor`	`exitMode`
Color background by stage	`bool`	`true`	`showBgColors`
Color price bars by stage	`bool`	`false`	`showBarColors`
Label stage start / end	`bool`	`true`	`showStageLabels`
Show HOLD dots while in a position	`bool`	`true`	`showHold`
Show dashboard	`bool`	`true`	`showTable`
Show 52-week high	`bool`	`false`	`show52WHigh`

Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.

Similar Pine Scripts

RSC Trend Trading Study

by readysetcryptocodes

43

This indicator plots Donchian Channels alongside fast and slow simple moving averages directly on the price chart. It generates bullish breakout signals when the high reaches the upper channel while the close is above the 50 SMA (and optionally the 200 SMA). B

Indicator v4 TrendBreakout

Updated 2 years ago · None stated

Candle Stage Analysis

by ChartsLector

41

This indicator classifies market trends into structured stages based on moving average alignments, compression, and ATR distance from the 50-period SMA. It tracks multiple exponential moving averages against the 50 SMA to detect basing phases, breakouts, trend

Indicator v6 TrendMoving averages

Updated 3 days ago · None stated

Bosstvs Tikole Sir | All in One Ultimate

by eddiebelaval

7

This technical indicator combines SuperTrend signals, moving average trend clouds, pivot points, and daily range breakout targets directly on the price chart. It generates Buy, Strong Buy, Sell, and Strong Sell labels when price crosses the SuperTrend level in

Indicator v5 TrendMoving averages

Updated 3 months ago · None stated

Relative Strength Line by @iArpanK

by iArpanK

6

This indicator calculates the relative strength of a chart symbol relative to a benchmark index and plots the resulting line directly over the price chart. It highlights new relative strength highs, new lows, and instances where relative strength reaches a new

Indicator v4 BreakoutMoving averages

Updated 5 years ago · None stated

20 EMA + 50 EMA + Breakout

by krosenfeld7

5

Calculates short and long Exponential Moving Averages alongside pivot high and low levels to identify breakout signals. The indicator plots a 20 EMA and a 50 EMA on the main price chart. It evaluates trend direction based on EMA crossover alignment, checks for

Indicator v4 Moving averagesTrend

Updated 3 years ago · Apache-2.0

CSW Breakout Signals

by g-moe

3

CSW Breakout Signals plots breakout buy and sell labels on the price chart when price breaks support or resistance after a trend change. Each signal can show a numbered confirmation score built from a moving-average cross, momentum, opening-range alignment, re

Indicator v5 BreakoutTrend

Updated 5 months ago · None stated

More Trend scripts

Weinstein Stage Analysis + Trade Plan