Raj - Mark Minervini Stage 2 with RS

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Title: Mark Minervini Stage 2 Screener with Custom RS

Description:

This script is designed to identify stocks that meet the criteria for Mark Minervini's Stage 2 trend setup, incorporating custom relative strength (RS) ranking.

Key Features:

Moving Averages: Tracks the 50-day, 150-day, and 200-day Simple Moving Averages (SMA) to identify trend alignment.
Price Conditions: Ensures the stock price is above key moving averages, is within 25% of its 52-week high, and is at least 25% above its 52-week low.
Custom Relative Strength (RS): Compares the stock's performance against a benchmark (e.g., S&P 500) to ensure it has a strong relative strength. The RS is normalized on a 0-100 scale, and only stocks with an RS above 70 are highlighted.
Visual Indicators: The script plots moving averages on the chart and labels points where all conditions for the Stage 2 setup are met.
Usage:

Apply this script to your charts to find stocks that are in a strong uptrend and meet Mark Minervini's Stage 2 criteria.
Customize the benchmark symbol for the RS calculation to fit your market or preference