OPEN-SOURCE SCRIPT
Trident Screener - Stocks, Themes, Sectors [Galin]
Trident Screener
What it does
One screener, three universes. Run it in the Pine Screener on individual stocks, on thematic and industry ETFs, and on the sector SPDRs — same columns, same saved filters, three watchlists. It combines a Minervini-style trend template, an IBD-style weighted relative strength score, a three-condition leadership flag with same-day rotation detection, and setup-ripeness columns: contraction, volume dry-up, extension. Every plot becomes a filterable, sortable column — the answer arrives as a ranked table, not a chart to eyeball.
The columns
Trend
MM — 0 to 8, one point per rule when true: 1) close above the 150 and 200 SMA · 2) 150 SMA above 200 SMA · 3) 200 SMA rising vs 22 bars ago · 4) 50 SMA above the 150 and 200 · 5) close above the 50 SMA · 6) at least 25% above the 260-bar low · 7) within 25% of the 260-bar high · 8) weighted price-momentum composite above 70. Rule 8 uses a price composite, not an IBD-style rating — that job belongs to RS Score below.
Relative strength
RS Score — IBD-style weighted relative strength vs the benchmark, in percentage points: 40% × 3M + 20% × 6M + 20% × 9M + 20% × 12M. Zero means the symbol moves with the benchmark; leaders typically read +20 to +80. It is a margin, not a 0–99 percentile — sorting the column gives you the ranking over your own watchlist, which is the honest version of a ranking anyway.
RS 1W % / RS 1M % / RS 3M % — relative performance vs the benchmark per window, computed as the change of the symbol/benchmark ratio.
Leadership & rotation
A+ — 1/0. Above the 200-day SMA AND beats the benchmark over 1 month AND over 3 months. Each condition catches what the other two miss: a "strong month" inside a downtrend is a bounce, not a leader.
A+ streak — consecutive days with the A+ flag. 1 = promoted today: your rotation alert. Sort descending to rank the most established leaders. Tip: check RS 1W on fresh promotions — a green week means an organic promotion; a deep red week means the calendar just rolled a crash out of the 1-month window.
Improving — above the 200 SMA and beating the benchmark on 1M but not yet on 3M: the waiting room for tomorrow's leaders.
Early accumulation
RS NH — the RS line (symbol ÷ benchmark) is at a 252-bar high.
RS NH lead — RS NH while price is still more than 2% below its own 260-bar high. Relative strength breaking out before price is a classic accumulation tell: someone is buying the base hard enough to outrun the index without a breakout.
Setup ripeness
xFrom50 — extension from the 50 SMA measured in daily ATRs: the "too extended to chase" gauge.
% vs 20SMA — the pullback radar: an extended leader near its 20 SMA is offering an entry instead of demanding a chase.
% from 20D High / % from 60D High — proximity to the recent high and to the base high.
Tight5 (xATR) — the 5-day range measured in ATRs. Small = contraction.
Vol 5D/50D — volume dry-up ratio; below ~0.8 = quiet base.
Suggested setups (set once — filters stick to the indicator)
Stocks: MM = 8 · xFrom50 0 to 4 · % from 60D High −8 to 0 · Tight5 < 3 · Vol 5D/50D < 0.8 → sort RS Score descending. Result: tight, dry leaders sitting just under their highs. Loosen the last three by ~30% for an "almost ready" second pass.
Themes / sectors: A+ = 1 → sort RS Score descending. The row count is a daily breadth curve — log it. A+ streak = 1 → fresh promotions. Improving = 1 → the waiting room.
Weekly: RS NH lead = 1 → the names where the money arrived before the breakout.
Settings
Benchmark — default SPY. Compare sectors vs SPY, growth themes vs QQQ, breadth vs RSP, or a stock vs its own sector ETF.
Notes
Run the screener on the 1D timeframe — required, because A+ streak and RS NH count chart bars, so one bar must equal one day. Plots are hidden on the chart by design; this is a screener tool. All windows are trading days (5/21/63/126/189/252). Symbols younger than ~12 months show empty RS Score cells until the history exists. MM criteria adapted from the Minervini Trend Template by yogy.frestarahmawan (MPL 2.0). Volume confirms what the screener nominates — for entry confirmation, pair it with my Relative Volume At Time indicator.
What it does
One screener, three universes. Run it in the Pine Screener on individual stocks, on thematic and industry ETFs, and on the sector SPDRs — same columns, same saved filters, three watchlists. It combines a Minervini-style trend template, an IBD-style weighted relative strength score, a three-condition leadership flag with same-day rotation detection, and setup-ripeness columns: contraction, volume dry-up, extension. Every plot becomes a filterable, sortable column — the answer arrives as a ranked table, not a chart to eyeball.
The columns
Trend
MM — 0 to 8, one point per rule when true: 1) close above the 150 and 200 SMA · 2) 150 SMA above 200 SMA · 3) 200 SMA rising vs 22 bars ago · 4) 50 SMA above the 150 and 200 · 5) close above the 50 SMA · 6) at least 25% above the 260-bar low · 7) within 25% of the 260-bar high · 8) weighted price-momentum composite above 70. Rule 8 uses a price composite, not an IBD-style rating — that job belongs to RS Score below.
Relative strength
RS Score — IBD-style weighted relative strength vs the benchmark, in percentage points: 40% × 3M + 20% × 6M + 20% × 9M + 20% × 12M. Zero means the symbol moves with the benchmark; leaders typically read +20 to +80. It is a margin, not a 0–99 percentile — sorting the column gives you the ranking over your own watchlist, which is the honest version of a ranking anyway.
RS 1W % / RS 1M % / RS 3M % — relative performance vs the benchmark per window, computed as the change of the symbol/benchmark ratio.
Leadership & rotation
A+ — 1/0. Above the 200-day SMA AND beats the benchmark over 1 month AND over 3 months. Each condition catches what the other two miss: a "strong month" inside a downtrend is a bounce, not a leader.
A+ streak — consecutive days with the A+ flag. 1 = promoted today: your rotation alert. Sort descending to rank the most established leaders. Tip: check RS 1W on fresh promotions — a green week means an organic promotion; a deep red week means the calendar just rolled a crash out of the 1-month window.
Improving — above the 200 SMA and beating the benchmark on 1M but not yet on 3M: the waiting room for tomorrow's leaders.
Early accumulation
RS NH — the RS line (symbol ÷ benchmark) is at a 252-bar high.
RS NH lead — RS NH while price is still more than 2% below its own 260-bar high. Relative strength breaking out before price is a classic accumulation tell: someone is buying the base hard enough to outrun the index without a breakout.
Setup ripeness
xFrom50 — extension from the 50 SMA measured in daily ATRs: the "too extended to chase" gauge.
% vs 20SMA — the pullback radar: an extended leader near its 20 SMA is offering an entry instead of demanding a chase.
% from 20D High / % from 60D High — proximity to the recent high and to the base high.
Tight5 (xATR) — the 5-day range measured in ATRs. Small = contraction.
Vol 5D/50D — volume dry-up ratio; below ~0.8 = quiet base.
Suggested setups (set once — filters stick to the indicator)
Stocks: MM = 8 · xFrom50 0 to 4 · % from 60D High −8 to 0 · Tight5 < 3 · Vol 5D/50D < 0.8 → sort RS Score descending. Result: tight, dry leaders sitting just under their highs. Loosen the last three by ~30% for an "almost ready" second pass.
Themes / sectors: A+ = 1 → sort RS Score descending. The row count is a daily breadth curve — log it. A+ streak = 1 → fresh promotions. Improving = 1 → the waiting room.
Weekly: RS NH lead = 1 → the names where the money arrived before the breakout.
Settings
Benchmark — default SPY. Compare sectors vs SPY, growth themes vs QQQ, breadth vs RSP, or a stock vs its own sector ETF.
Notes
Run the screener on the 1D timeframe — required, because A+ streak and RS NH count chart bars, so one bar must equal one day. Plots are hidden on the chart by design; this is a screener tool. All windows are trading days (5/21/63/126/189/252). Symbols younger than ~12 months show empty RS Score cells until the history exists. MM criteria adapted from the Minervini Trend Template by yogy.frestarahmawan (MPL 2.0). Volume confirms what the screener nominates — for entry confirmation, pair it with my Relative Volume At Time indicator.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.