Mark Minervini Trend Template VCP Breakout [Jayadev Rana]

This indicator checks a price trend template using three moving averages and price position within a configurable 52-week range, then measures whether three nested price ranges are contracting and volume has eased. It marks a qualifying base and pivot, highlights the setup, and labels a breakout when price clears the pivot within the extension and volume limits. It tracks a simulated long signal with a stop, percentage target, and optional exit below the short average, drawing entry, stop and target levels and showing signal statistics and a checklist table. Alerts are available for a qualified base, breakout, stop, target and moving-average exit. Settings control average lengths, trend thresholds, base window and contraction, volume conditions, entry extension, stop and target rules, and display options. Relative-strength settings are present, but the rank is unavailable in this script.