Weinstein Stage Analysis (50 SMA) - Signals on Candles

Weinstein Stage Analysis (50 SMA) – Buy/Sell Signals on Candles

This indicator brings Stan Weinstein’s legendary “Stage Analysis” to life with modern clarity and discipline.
It uses a 50-period Simple Moving Average (SMA) to objectively identify the four classic market stages:

Stage 1 (Basing): Sideways, early accumulation.
Stage 2 (Advancing): Uptrend, confirmed breakout.
Stage 3 (Topping): Distribution, trend exhaustion.
Stage 4 (Declining): Downtrend, confirmed breakdown.
Key Features:

Market Stage Detection: Automatic color-coded background for each stage.
Entry/Exit Signals: Buy and Sell signals plotted directly on candlesticks—no ambiguity, no lag.
Professional Smoothing: 50 SMA is ideal for weekly, swing, or positional trades; use 200 for daily charts.
Relative Volume (Optional): Quickly spot high-activity breakouts and breakdowns.
No repainting, no curve fitting.
Pure price action, designed for disciplined trend followers.
How to use:

Go long on Stage 2 breakouts with volume confirmation.
Exit or short on Stage 4 breakdowns.
Apply risk management: Stops just below Stage 2 base, above Stage 4 distribution.
Designed for stocks, indices, ETFs, and can be used on all timeframes.
Inspired by:
Stan Weinstein’s “Secrets for Profiting in Bull and Bear Markets”—trusted by professional traders for decades.

For educational purposes only. Not financial advice.