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22:36 11/04/2024 Minvervini VCP + Stage 2 | TV Indicators

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22:36 11/04/2024 Minvervini VCP + Stage 2 | TV Indicators

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The Minervini VCP + Stage 2 is a powerful trading indicator designed to help
traders identify profitable trading opportunities. This indicator is based on the
principles of Market Wizards author Mark Minervini's Volatility Contraction Pattern
(VCP) strategy. It combines the VCP pattern with a Stage 2 trend analysis to
provide traders with a comprehensive view of the market. With the Minervini VCP +
Stage 2, traders can identify potential breakouts and trend reversals, allowing them
to make informed trading decisions. This indicator is suitable for both novice and
experienced traders and can be used on a variety of trading platforms.

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22:36 11/04/2024 Minvervini VCP + Stage 2 | TV Indicators

PRODUCT INFO

📜 ––––HISTORY & CREDITS––––


This indicator is a culmination of two pivotal concepts from legendary traders.
Firstly, the Stage Analysis, inspired by Stan Weinstein, which helps traders identify
the key phases of a market cycle. Secondly, the Volatility Contraction Pattern (VCP),
an ingenious concept by Mark Minervini. Notably, Stage 2 of Weinstein's method
aligns with Minervini's non-negotiable criteria, emphasizing its significance in
profitable trading.

🦄 –––UNIQUENESS–––
The Stage 2, 4, and VCP indicator offers a unique blend of the Stage Analysis and
VCP principles. It not only identifies the market stages but also the subtleties within
these stages, ensuring traders are always one step ahead. By integrating the
preparatory warnings for both Stage 2 and Stage 4, traders get the anticipatory
edge they need. The three states of VCP further add depth, allowing for pinpoint
entry and exit decisions.

🛠️
👉
––––WHAT IT DOES––––
The top part of this indicator deciphers the market's stage. With four distinctive

🩵
colors, traders can easily recognize:
Stage 2 (bullish phase) - unless the indicator is Cyan color, Minervini would not

🟦
enter into a trade
Prepare for Stage 2 - if the market is running well and you have good traction,

🟧
could consider entering stocks on the warning, preparatory Stage 2
Stage 4 (bearish phase) - this is reverse to Stage 2 and could be used to utilize

🟨
for short
Prepare for Stage 4 - this is also reverse to Prepare for Stage 2

👉 The bottom section delves into the VCP, categorizing it into three states:
Early VCP, indicative of initial contraction,
Normal VCP which is the standard contraction pattern,
Tight VCP, representing intense contraction and imminent breakout potential.

💡 ––––HOW TO USE IT––––


1. **Stage Analysis**: Look for the cyan color which indicates Stage 2, a prime
buying opportunity. The blue color serves as a precursor, warning traders to get
ready. Conversely, orange signals Stage 4, indicating selling or shorting
opportunities, with dark orange as the preparatory warning.
2. **VCP Analysis**: Monitor the VCP states. An early VCP in light pink shows the
market's first signs of volatility contraction. The standard VCP in pink is ideal for
trade setups, while the dark pink (Tight VCP) showcases severe contraction, hinting
at explosive breakouts. Incorporate this with Stage 2 to optimize trade entries.

Use predominantly on the Daily Timeframe and use in combination of other


Minervini Indicators

ACCESS INFO

For Tradingview:
After you have purchased the indicator have to send us your TradingView
username in order to get access.

ThinkorSwim (available, but separate):


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22:36 11/04/2024 Minvervini VCP + Stage 2 | TV Indicators

Please send us an email and if you would like a ThinkorSwim version of this
script. ThinkorSwim version is sold separetly from the TradingView version of the
script and takes 5 days of delivery.

DELIVERY

After payment is made, access to the script will be given within 2 hours

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★★★ 1 WEEK AGO
Luke
have trouble
COXS CREEK, UNITED STATES
Perfect Service
I would highly recommend anyone to use TradeingView Indicators for their custom indicators or alerts. The customer
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Highly highly recommend, I will be back for certain

Luke A. ★★★★★ 1 WEEK AGO

COXS CREEK, UNITED STATES Excellent!


The indicator was exactly what I was looking for and the delivery time was phenomenal. I would recommend
everyone who needs an indicator to come here! You won’t regret it
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MULTAN, PAKISTAN Meh.


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