[isatrader]

ChartMill have added a screener that attempts to identify the major 4 Stages. http://www.chartmill.com/documentation.p...rtmill&o=5

The Weinstein Stage 1 Setups screen http://www.chartmill.com/stockscreener.p...&ip2=&ip3= throws up some intesting results, but looking through the charts with the stages highlighted it looks as though the indicator has similar issues as most other automated attempts at identifying the stages, in that it's only occasionally correct. But the Stage 1 Setups screen could still be useful as another tool to find potential setups, it will just require manual work as always to filter the results.

As older members know. I came up with a simple scoring system a few years back to help identify the stages using data gathered from Weinstein's Global Trend Alert newsletters. Basically there are 9 criteria which get given a score of 1 or 0 for each item based on whether it's true or false. So if a screener like chartmill could automate this into their system then it would make identifying the stages much easier, as for example people looking for stocks in Stages 1B, Stage 2A or Stage 2, would only be interested in the higher SATA scores, as the data shows that on average they have SATA scores of 7 or above.

StageAnalysis Technical Attributes - SATA

1. 10 Week Simple MA Rising
   
2. 30 Week Weighted MA Rising
   
3. 30 Week Simple MA Rising
   
4. 52 Week Mansfield Relative Performance above Zero Line
   
5. Relative Performance 30 Week Weighted Moving Average Rising
   
6. Force Index Cumulative Volume above 9 Week MA (on a buy signal)
   
7. Force Index Cumulative Volume 9 Week MA Rising
   
8. Weekly MACD above Zero
   
9. Price Greater than the Kijun Line (part of the "Ichimoku Kinko Hyo" method, which focuses on dynamic support and resistance zones.)