Minervini Power Play Scan for ThinkorSwim

Nick

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2019 Donor
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Hi all, I found this scan formula for Minervini Power Play, but didn't quite understand what the scan is looking for. Out of curiosity, I attempted to convert the formula to TOS script.

Original formula
Code:
c/minc40>=1.75 and C>=1

Converted script

Code:
declare lower;
def powerplay = close/min(close,40)>=1.75;
def price = close >=1;
plot pp= powerplay and price;

May I request help to confirm if the script is correctly converted and if possible explain what the scan is looking for?

Thank u
 

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