A demonstration of how to build a stock scanner for Market Wizard, Mark Minervini’s Trend Template, which includes the Investor’s Business Daily’s Relative Strength Rating, in RealTest.
Keep in mind this is just an initial filter and not a direct signal to buy, and Minervini would also use discretion and look at fundamentals such as earnings, as well as and volatility and volume patterns. Also we do not know the exact universe that Investor’s Business Daily uses.
Trade Like A Stock Market Wizard by Mark Minervini:
Code:
RealTest:
source