Stage 2 Trend Qualifier 8-Criteria Trend Template with RS scoreA compact on-chart dashboard that evaluates whether a stock qualifies as a Stage 2 uptrend using an 8-criteria trend template based on moving average alignment and price position relative to key benchmarks. Includes relative strength scoring, outperformance day tracking, and RS line analysis.
█ WHAT IT DOES
This indicator runs 8 mechanical checks on every bar and displays pass/fail status in a clean overlay table:
1. Price above 150-day SMA
2. Price above 200-day SMA
3. 50-day SMA above 150-day SMA
4. 50-day SMA above 200-day SMA
5. 200-day SMA trending up for at least 1 month
6. Price at least 25% above its 52-week low
7. Price within 25% of its 52-week high
8. Price not more than 10% below the 50-day SMA
When all 8 pass → STAGE 2 (confirmed uptrend). Otherwise the indicator classifies the stock as Stage 1 (basing), Stage 3 (topping), or Stage 4 (decline) based on moving average relationships.
█ RS SCORE (1–99)
Relative strength versus a user-selected benchmark (default: SPY) displayed as a normalized score from 1 to 99 across four timeframes: 1M, 3M, 6M, and 12M.
50 = matching the benchmark. Above 50 = outperforming. Below 50 = underperforming. Each timeframe uses a calibrated scale so scores are comparable across periods.
Color coding:
≥80 → bright green (strong leader)
60–79 → green (outperformer)
40–59 → gray (average)
<40 → red (laggard)
█ RS DAYS
Counts how many trading days the stock outperformed the benchmark over rolling windows of 15, 30, and 60 days. Displayed as: count (win-rate%). For example, "9 (60%)" means the stock beat the benchmark on 9 out of 15 days.
A high RS Score with a low RS Days % means the stock had a few big winning days but isn't consistently leading — less reliable strength. Consistent outperformance (>60%) across all windows is the strongest signal.
█ RS LINE STATUS
Evaluates the relative strength line (stock price ÷ benchmark price) versus its own 52-week high:
NEW HIGH → RS line at its 52-week peak. Strongest relative performance in a year. Often leads price breakouts.
NEAR HIGH → Within 3% of 52-week high. Relative strength building toward leadership.
NEUTRAL → 3–15% below 52-week high. Average relative performance, no clear edge.
WEAK → More than 15% below 52-week high. Relative strength deteriorating. Market rotating away.
█ ALERTS
Three built-in alert conditions:
- Stage 2 Qualified — stock transitions from <8/8 to 8/8 criteria met
- Stage 2 Lost — stock drops from 8/8 to fewer criteria met
- RS Line New High — relative strength line hits a new 52-week high
█ SETTINGS
- Toggle sections: Trend Template, RS Score & Days (on/off independently)
- Table position: any corner or middle edge
- Text size: tiny, small, normal
- Theme: Dark or Light (match your chart background)
- Benchmark symbol: default SPY, changeable to any index or ETF
█ USAGE NOTES
- Designed for the DAILY timeframe. On intraday or weekly charts, the bar-based lookbacks (252 bars for 52-week, 21 bars for 1 month) represent chart bars, not calendar days.
- Stage 2 identification is mechanically precise — all 8 criteria must pass. Stages 1, 3, and 4 use approximate moving average relationship logic.
- RS Score normalizes relative performance to a 1–99 scale. This is NOT a percentile rank across a stock universe — it measures magnitude of outperformance vs your selected benchmark.
- This indicator is an educational and analytical tool. It does not generate buy or sell signals.
Indikator Pine Script®






















