Gova's WSA Screener

**Gova's WSA Screener** is a Pine Script v6 indicator that automates Stan Weinstein's 4-stage market cycle analysis (Basing → Advancing → Topping → Declining) so you can screen an entire index for it.
**How it decides the stage:**
- Uses a moving average (default 30-period) on whatever timeframe you pick (Weekly by default, per Weinstein's original method)
- Price above a **rising** MA → Stage 2 (Advancing)
- Price below a **falling** MA → Stage 4 (Declining)
- A **flat** MA following a prior Stage 4 → Stage 1 (Basing)
- A **flat** MA following a prior Stage 2 → Stage 3 (Topping)
**What it gives you:**
- 8 boolean outputs — "Already in" and "Entering" for each of the 4 stages — plotted as hidden data-window plots so they can be used as filter columns in TradingView's Pine Screener across an index or watchlist
- On-chart visuals: a colored background per stage (bright green/orange/red/gray), the stage MA line, and an info table showing the current stage name and MA slope %
- Built-in alerts that fire the moment a symbol enters a new stage
**Use case:** apply it as a screener column set to find, say, every stock in Nifty 50 that just broke into Stage 2 (a Weinstein-style breakout buy signal), or is sitting in Stage 4 to avoid.
**How it decides the stage:**
- Uses a moving average (default 30-period) on whatever timeframe you pick (Weekly by default, per Weinstein's original method)
- Price above a **rising** MA → Stage 2 (Advancing)
- Price below a **falling** MA → Stage 4 (Declining)
- A **flat** MA following a prior Stage 4 → Stage 1 (Basing)
- A **flat** MA following a prior Stage 2 → Stage 3 (Topping)
**What it gives you:**
- 8 boolean outputs — "Already in" and "Entering" for each of the 4 stages — plotted as hidden data-window plots so they can be used as filter columns in TradingView's Pine Screener across an index or watchlist
- On-chart visuals: a colored background per stage (bright green/orange/red/gray), the stage MA line, and an info table showing the current stage name and MA slope %
- Built-in alerts that fire the moment a symbol enters a new stage
**Use case:** apply it as a screener column set to find, say, every stock in Nifty 50 that just broke into Stage 2 (a Weinstein-style breakout buy signal), or is sitting in Stage 4 to avoid.
Pernyataan Penyangkalan
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.