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Breakout Trigger

 
Asia

This is step 6 of the Minervini ladder, the breakout trigger. It lists stocks on Asian exchanges that pass the Trend Template, had a tight Volatility Contraction Pattern within 6% of the pivot on drying-up volume as of the previous bar, and today crossed above the pivot, the highest price of the previous 20 bars. The list is sorted by relative volume: Mark Minervini wants volume at least 40% above average on a real breakout, and the Buy Now screen adds that test. If this list is empty, watch the VCP Near Pivot screen. Prices are in each exchange's local currency, and the list covers stocks traded in Tokyo, Hong Kong, Singapore, Seoul and Jakarta with at least about US$0.7 million in average daily trading value.

Screening formula:
exch(tse,hkse,ses,krx,ise) and (type(stock) and ((exch(tse) and advol(21) > 100) or (exch(hkse) and advol(21) > 5) or (exch(ses) and advol(21) > 1) or (exch(krx) and advol(21) > 1000) or (exch(ise) and advol(21) > 10000))) and price > sma(50) and sma(50) > sma(150) and sma(150) > sma(200) and sma(200) > sma(200)@21 and price >= 1.25 * w52low and price >= 0.75 * w52high and rs(252) >= 70 and (range(20)@40 > range(20)@20 and range(20)@20 > range(10) and range(10) < 15 and off_high(50) < 15 and off_high(20) < 6 and avol(10) < avol(50))@1 and price ca highest(20)@1 and sortby(rvol(50), desc) and show(highest(20)@1 as pivot, rvol(50) as rel_volume)
 
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Data as of Oct 30, 2026, updated intraday



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