Uptrend Under Pressure 100
Institutional selling is building — 7 distribution days in the last 25 sessions. Severe risk · 100/100 · 7 distribution days (SPY) Oct 26 Full briefing →

Legendary Trader Methodologies — Minervini, O'Neil, Weinstein, Livermore, Darvas & Wyckoff

The Legends

Trade through their eyes

Every screener, score, and signal in Legend AI descends from one of these published methodologies. Here is what each of them is seeing in today's market — in plain English.

Right now

Today's market, 9 ways.

The market is in Uptrend Under Pressure. Here is how each methodology reads it — and the setups passing each legend's lens today.

Mark Minervini

The Precision Sniper

Selective

An uptrend under pressure means Minervini cuts exposure and gets pickier: smaller positions, only textbook pivots in true leaders, and stops honored without debate. With 7 distribution days on the tape, institutional selling is heavy — the method says protect capital first.

AI interpretation of Mark Minervini's published method — not the trader, not advice.

No setups clearing Minervini's screen today.

William O'Neil

The Institutional Edge

Selective

O'Neil would call this an uptrend under pressure. With distribution days stacking up, he'd be taking profits into strength and demanding perfect bases before any new buy. With 7 distribution days on the tape, institutional selling is heavy — the method says protect capital first.

AI interpretation of William O'Neil's published method — not the trader, not advice.

Jesse Livermore

The Original Tape Reader

Selective

The line of least resistance is flattening. Livermore would lighten up, sit on his hands through the chop, and wait for price to declare itself at the next pivotal point. With 7 distribution days on the tape, institutional selling is heavy — the method says protect capital first.

AI interpretation of Jesse Livermore's published method — not the trader, not advice.

No setups clearing Livermore's screen today.

Stan Weinstein

The Stage Master

Selective

The market is wobbling between Stage 2 and Stage 3. Weinstein would hold only the strongest Stage 2 names, keep stops under the 30-week line, and buy nothing that's rolling over. With 7 distribution days on the tape, institutional selling is heavy — the method says protect capital first.

AI interpretation of Stan Weinstein's published method — not the trader, not advice.

Nicolas Darvas

The Self-Made Trader

Selective

Boxes are getting sloppier and breakouts fail more often in this tape. Darvas would trade smaller, demand decisive box breaks, and let his stops do the deciding. With 7 distribution days on the tape, institutional selling is heavy — the method says protect capital first.

AI interpretation of Nicolas Darvas's published method — not the trader, not advice.

Richard Wyckoff

The Tape Reader

Selective

Distribution days mean the Composite Operator is selling into strength. Wyckoff would watch for upthrusts and lighten up — big effort with little price result is a warning. With 7 distribution days on the tape, institutional selling is heavy — the method says protect capital first.

AI interpretation of Richard Wyckoff's published method — not the trader, not advice.

Richard Dennis

The Mechanical Turtle

Selective

The system doesn't predict, so nothing changes: fewer clean breakouts means fewer signals taken, and every trade still stops at 2N. The rules handle the chop. With 7 distribution days on the tape, institutional selling is heavy — the method says protect capital first.

AI interpretation of Richard Dennis's published method — not the trader, not advice.

No setups clearing Dennis's screen today.

Dan Zanger

The Volume Sniper

Selective

Fewer clean breakouts and more failed ones, so Zanger gets pickier. Only the best-formed bases on the biggest volume, and faster to sell anything that hesitates. With 7 distribution days on the tape, institutional selling is heavy — the method says protect capital first.

AI interpretation of Dan Zanger's published method — not the trader, not advice.

Martin Zweig

The Screen Master

Selective

Zweig gets selective here. When breadth momentum softens, the Super Model starts trimming exposure — he would hold only the screen's best growers and raise cash against the weakest breadth readings. The site now computes his timing legs from its own breadth history and Fed data — check the timing rows on the symbol page before sizing. With 7 distribution days on the tape, institutional selling is heavy — the method says protect capital first.

AI interpretation of Martin Zweig's published method — not the trader, not advice.

No setups clearing Zweig's screen today.

1965– The Precision Sniper 155% 1997 U.S. Investing Championship winning return 0 live
1933–2023 The Institutional Edge 40x Grew $5,000 to roughly $200,000 in the 1962–63 campaign 14 live
1877–1940 The Original Tape Reader ~$100M Profit from short positions in the 1929 crash 0 live
1960s– The Stage Master 4 Stages in his lifecycle model of every stock and market 11 live
1920–1977 The Self-Made Trader ~$2.25M Profits in roughly 18 months, 1957–59, documented in his book 3 live
1873–1934 The Tape Reader 3 Market laws: supply/demand, cause and effect, effort vs. result 45 live
1949– The Mechanical Turtle 1983 The experiment: trading taught as a complete, mechanical rule set 0 live
Active 1990s– The Volume Sniper $10K→$18M Verified two-year run trading 1998-99 growth breakouts 28 live
1942–2013 The Screen Master Oct 19, 1987 Super Model flashed sell days before Black Monday 0 live

Mark Minervini's Methodology.

In plain English: Buys only the strongest stocks breaking out of tight, low-volume bases — then cuts losers fast.

Core Screen
Trend Template
Entry Pattern
VCP
Risk First
Defined Stop
Target Before Stop
12%
Minervini's Specific Entry Point Analysis

Minervini's published framework combines a strict trend template, relative strength, volatility contraction, precise pivots, and predefined downside risk. Legend AI translates those ideas into deterministic educational checks.

  • Stock must pass all 8 Trend Template criteria
  • RS Rating ≥ 80 — only buy market leaders
  • Buy exactly at the pivot / VCP pivot point
  • Never average down — cut losses at 7–8%
  • Risk no more than 1–2% of account per trade
  • Only buy in confirmed uptrends (Stage 2)
  • Institutional Footprint detection (VCP Vol Dry-up)
  • Advanced Sector Confluence scoring
  • Market Regime volatility gate integration
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Full hall-of-fame profile — career, famous trades, books →
Method Principle

Seek leadership in a confirmed uptrend, enter near a precise pivot, and define the loss before taking the trade.

Legend AI synthesis · not a quotation
This detector, today

William O'Neil's Methodology.

In plain English: Marries explosive earnings growth with chart breakouts, and never fights the market's direction.

IBD Founded
1984
Core Factors
7
Market Gate
M
Target Before Stop
15%
CANSLIM — Fundamental + Technical Leadership

O'Neil developed CAN SLIM from research into historic market leaders and founded Investor's Daily in 1984. The framework combines earnings and sales growth, leadership, institutional demand, chart bases, and market direction.

  • C: Current quarterly EPS up 25%+ vs year ago
  • A: Annual EPS growth 25%+ for 3 consecutive years
  • N: New product, service, or management + New highs
  • S: Supply — small/mid float with institutional demand
  • L: Leader — RS Rating 80+ in top-performing industry
  • I: Institutional sponsorship increasing each quarter
  • M: Market in confirmed uptrend — follow the general market
  • Institutional Sponsorship tracking
  • Industry Group RS Leadership ranking
  • Follow-Through Day (FTD) automated detection
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Full hall-of-fame profile — career, famous trades, books →
Method Principle

Combine fundamental leadership with constructive price-and-volume action, and respect the direction of the general market.

Legend AI synthesis · not a quotation
This detector, today

Jesse Livermore's Methodology.

In plain English: Reads pure price action, waits for the trend to confirm itself, then rides the big swings.

Own Manual
1940
Entry Lens
Pivotal Point
Primary Input
Price
Trend + Pivotal Points

Livermore's own 1940 trading manual centered on trends, pivotal points, timing, money management, and emotional control. Legend AI applies those concepts to observable breakouts and continuation behavior without recreating his voice.

  • Never trade against the line of least resistance
  • Wait for the pivotal point — patience is the key
  • Never average a losing position
  • The big money is made in the big swings
  • Sit tight once in a winning trade
  • Markets are never wrong — opinions often are
  • Line of Least Resistance trend scoring
  • Pivotal Point volume confirmation
  • Automated Tape Reading (Price/Volume Confluence)
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Full hall-of-fame profile — career, famous trades, books →
Method Principle

Wait for price to confirm the line of least resistance at a pivotal point, then manage the position rather than an opinion.

Legend AI synthesis · not a quotation
This detector, today

Stan Weinstein's Methodology.

In plain English: Buys stocks just as they break out of long bases into new uptrends above a rising 30-week average.

Key Book
1988
Core Indicator
30-Week MA
Buy Stage
Stage 2 only
Target Before Stop
9%
Stage Analysis — 4-Stage Market Cycle

Weinstein's stage analysis divides every stock's lifecycle into four stages: basing (Stage 1), advancing (Stage 2), topping (Stage 3), and declining (Stage 4). The method uses price, volume, relative strength, and the 30-week moving average to distinguish bases, advancing trends, tops, and declines. Legend AI treats Stage 2 as a structural classification; volume is separate confirmation.

  • Only buy stocks breaking out of Stage 1 into Stage 2
  • 30-week MA must be rising — never buy in downtrend
  • Volume must expand on the breakout week
  • Relative strength vs market must be strong
  • Sell when stock enters Stage 3 topping area
  • Never fight the sector — trade with sector momentum
  • Weekly Stage 2 Transition alerts
  • 30-Week MA Slope & Health scoring
  • Relative Strength vs. SPY (Mansfield RS)
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Full hall-of-fame profile — career, famous trades, books →
Method Principle

Favor a Stage 2 advance above a rising 30-week average, with relative strength and breakout volume as corroborating evidence.

Legend AI synthesis · not a quotation
This detector, today

Nicolas Darvas's Methodology.

In plain English: Buys stocks making new highs as they break out of tight price 'boxes' — simple rules, hard stops.

Published Method
Box System
Entry
Box Break
Risk Control
Stop Order
Target Before Stop
14%
Box Theory — Volatility Boxes + Momentum

Darvas documented the box system in How I Made $2,000,000 in the Stock Market. The method identifies a defined consolidation range, waits for an upside breakout with stronger volume, and protects the position with a stop.

  • Draw a box around the consolidation high and low
  • Buy only when price breaks above the top of the box
  • Volume must be high on the breakout
  • Stop loss just below the bottom of the box
  • Only buy stocks making new all-time or 52-week highs
  • Never look back — let the stop manage the trade
  • Automated Box Boundary detection
  • Darvas-style New High screen
  • Volume-weighted breakout confirmation
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Full hall-of-fame profile — career, famous trades, books →
Method Principle

Let the range define the setup: act only on a confirmed break above the box and keep the invalidation level explicit.

Legend AI synthesis · not a quotation
This detector, today

Richard Wyckoff's Methodology.

In plain English: Reads volume to spot where big money is quietly accumulating — then buys before the markup.

Era
1900s–30s
Edge
Tape Reading
Key Signal
Spring / SOS
Target Before Stop
15%
Wyckoff Method — Supply/Demand · Composite Operator · Accumulation

Richard Wyckoff was one of the most influential figures in early 20th-century Wall Street. Through decades of tape reading, he distilled markets to their purest truth: the battle between supply and demand, orchestrated by the Composite Operator. His method reads price and volume to identify when smart money is accumulating or distributing — before the move happens.

  • The Composite Operator accumulates before markup — follow the smart money
  • A Spring is a false break below support on low volume — the highest-conviction buy
  • Sign of Strength (SOS): breakout above resistance on expanding volume confirms markup
  • Last Point of Support (LPS): pullback after SOS on dry volume — ideal entry
  • Effort vs. Result: big volume with little price movement signals absorption
  • Never fight the tape — always trade in the direction of least resistance
  • Supply/Demand Exhaustion detection
  • Composite Operator Footprint tracking
  • Accumulation/Distribution Phase automated tagging
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Full hall-of-fame profile — career, famous trades, books →
Method Principle

Read price and volume as evidence of supply and demand, then look for a successful test, spring, or sign of strength before acting.

Legend AI synthesis · not a quotation
This detector, today

Richard Dennis's Methodology.

In plain English: Trades breakouts with cold mechanical rules. Fixed channels, volatility-sized bets, zero discretion.

Era
1983–88
Edge
Mechanical Rules
Key Signal
Donchian Breakout
Target Before Stop
14%
Turtle Trading System — Donchian Breakouts · Volatility-Unit Sizing

Richard Dennis was a Chicago commodities trader who believed trading could be taught — so he proved it. In 1983 he trained a group of novices, the 'Turtles,' in a complete mechanical system: buy breakouts of fixed price channels, size every bet by volatility, and manage risk with hard rules instead of judgment. The Turtles reportedly earned over $100 million in the years that followed. The system removes opinion entirely: the channel breakout is the signal, the stop is always 2N (N = 20-day average true range), and winning trades are pyramided at fixed 0.5N intervals. Legend AI applies the long-only version to stocks: the 20-day channel breakout is System 1, the 55-day is System 2.

  • System 1: buy the 20-day high breakout; exit at the 10-day low
  • System 2: buy the 55-day high breakout; exit at the 20-day low
  • Stop every trade at 2N (N = 20-day ATR) — risk is defined before entry
  • Size by volatility: 1 unit = a 1N move ≈ 1% of equity, so a 2N stop risks ≈ 2%
  • Pyramid winners: add at 0.5N intervals, max 4 units per market
  • Never anticipate — the system buys the breakout print, never a prediction
  • Skip System 1 signals when the last one was a winner (take System 2 instead)
  • Volatility-unit position sizing calculator
  • Pyramid add-level planner (0.5N intervals)
  • Portfolio heat monitor (unit caps per market and per direction)
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Full hall-of-fame profile — career, famous trades, books →
Method Principle

Trade the signal the system gives, size every bet by volatility, and let the rules — not judgment — decide entry, risk, and exit.

Legend AI synthesis · not a quotation
This detector, today
0 live setups in the latest scan

Dan Zanger's Methodology.

In plain English: Buys only named breakouts on 150%+ volume. Pays no more than 5% past the pivot, stops at 2-3%.

Era
1998–99
Edge
Volume + Exits
Key Signal
150% Volume Breakout
10 Golden Rules: Volume Breakouts, Tight Stops, Partial Profits

Dan Zanger turned about $10,000 into $18 million in roughly two years trading the 1998-99 bull market, a run later verified by his tax receipts. His published 10 Golden Rules read like O'Neil's CANSLIM with the risk dial turned tighter: buy only well-formed bases and named chart patterns, buy the breakout only with volume 150-200% of average, never pay more than 5% above the breakout point, and sell immediately if the breakout fails. Where O'Neil allows 7-8% stops, Zanger in practice loses 2-3%: he sells on bad price action before any stop is hit. His signature exit is the partial-profit scale: sell 20-30% of the position when it is 15-20% past the breakout, then trail the rest on the 10/20-day moving average. Legend AI scores his six traded patterns (flat base, bull flag, ascending triangle, cup and handle, double bottom, symmetrical triangle) with his numbers, not anyone else's.

  • Trade only named patterns: flat base, bull flag, ascending triangle, cup and handle, double bottom, symmetrical triangle
  • Buy the breakout day on 150-200% of average volume
  • Never pay more than 5% above the breakout point
  • Stop at 2-3%: sell on bad action before the stop is even hit
  • Sell 20-30% of the position at +15-20% from the breakout
  • Trail the rest on the 10/20-day moving average
  • Trade leaders in leading industry groups; no margin until mastery
  • Breakout volume gauge (150%+ demand check)
  • Extension meter vs the 5% cap
  • Partial-profit and MA-trail exit planner
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Full hall-of-fame profile — career, famous trades, books →
Method Principle

The pattern gets you in, but the numbers keep you alive: demand huge volume, pay a fair price, keep losses tiny, and bank part of every winner.

Legend AI synthesis · not a quotation
This detector, today

Martin Zweig's Methodology.

In plain English: Buys growers at reasonable prices: EPS growth above the market, PEG ≤ 1.5, insider buying, RS leadership. Times market exposure with his Super Model.

Era
1986–
Edge
Screen + Timing
Key Signal
GARP Screen
Winning on Wall Street: GARP Screen + Super Model Market Timing

Martin Zweig (1942–2013) wrote Winning on Wall Street (1986), ran the Zweig Total Return Fund, and became famous for calling the October 19, 1987 crash — his Super Model flashed sell days before Black Monday. His stock screen buys growth at a reasonable price: earnings growth above the S&P with continuation likely, a P/E that is reasonable relative to that growth, insider buying as an alignment check, and price strength confirming the story. His Super Model times market exposure from monetary conditions (don't fight the Fed), market momentum (10-day advance/decline ratio, 9-to-1 up/down volume days), and the Ned Davis 4% Model on the Value Line Composite. Legend AI scores the stock-screen leg, which is fully measurable; the Super Model's breadth and Fed legs are not wired on the site, so the rule engine marks them unavailable instead of faking them.

  • Buy only stocks with EPS growth above the S&P, likely to continue
  • Pay a P/E that is reasonable relative to the growth (PEG ≤ 1.5)
  • Require insider buying as an alignment check
  • Buy price strength — never bargains in downtrends
  • Don't fight the Fed: monetary conditions set market exposure
  • Watch breadth momentum: 10-day A/D ratio and 9-to-1 up/down volume days
  • Respect the 4% Model (Ned Davis / Value Line Composite) for timing
  • Define the loss before entry; sell when the growth story breaks
  • Growth-screen gauge (EPS growth vs market, PEG, insider flags, RS)
  • Valuation sanity check (PEG ≤ 1.5, growth-premium cap)
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Full hall-of-fame profile — career, famous trades, books →
Method Principle

Buy growth at a reasonable price, and let the market's own breadth tell you how much exposure to carry: don't fight the Fed, don't fight the tape.

Legend AI synthesis · not a quotation
This detector, today
0 live setups in the latest scan
30-day methodology activity Ranked by detection count (30d)

A detection is one gatekeeper-passed pattern, counted once per ticker per session. The live badges above count something narrower — symbols clearing a mentor's full screen (score and RS thresholds included) in the newest scan alone.

# Legend Detections Avg score Strongest
1 O'Neil 144 66.4 DVN 96.7
2 Wyckoff 111 60.1 BIIB 91.2
3 Zanger 99 67.9 DVN 96.7
4 Weinstein 69 68.2 PTC 92.0
5 Darvas 68 73.5 TRGP 95.4
6 Dennis 64 75.3 PAYC 98.0
7 Minervini 60 69.9 PSX 96.1
8 Livermore none — —
9 Zweig none — —

Last 30 days · 615 detections across all 9