Get started

Darvasbox

Bearish potential detected for AGLEntry conditions: (i) breach of the lower confines of the Darvas box formation for ASX:AGL - i.e.: below low of $9.84 of 7th April, and (ii) swing increased bearishness of indicators such as DMI/RSI along with a test of prior level of support of $10.02 from 11th March. Stop loss for the trade (based upon the Darvas box formation) would be: (i) above the high of 10th April (i.e.: above $10.89), or (ii) above the prior support level from the open of 10th January (i.e.: above $11.15), depending on risk tolerance.
ASX:AGLShort
by Ivory_Wolf
Reliance Industries: Could be great momentum trade!!Reliance recently raised its mobile tariff. So the stock is in news. Stock was trading in a range (rectangle pattern, darvas box, accumulation stage. After the announcement of the tariff hike by the company, its stock price broke out from the range. This breakout could be the continuation of the uptrend of the stock, and in coming days we have see further rise in the stock price of reliance. Pattern gets invalidated if it breaks down from the range.
NSE:RELIANCELong
by Pranam18
Bullish potential detected for WFCNYSE:WFC represents a potential bullish opportunity should momentum continue and newer highs be made. Entry condition: (i) breach of the upper confines of the Darvas box formation - i.e.: above high of $61.76 of 23rd April. Stop loss for the trade (based upon the Darvas box formation) would be: (i) below the support level from the low of 3rd May (i.e.: below $59.12) - most conservative exit, or (ii) below congestion area composed of volume profile zone and rising 10 day moving average (i.e.: below $60 area).
NYSE:WFCLong
by Ivory_Wolf
Unboxing Profits: A Modern Twist on Darvas's Strategy with VWMAIn the mid-20th century, Nicolas Darvas turned a modest investment into millions, all while traveling the world as a professional dancer. His secret? The Darvas Box Theory—a trading method that identifies stocks exhibiting strong upward momentum confirmed by increasing volume. Fast forward to today's digital trading world, and we find that Darvas's principles are still relevant, but they're now supercharged with advanced indicators like the Volume Weighted Moving Average (VWMA). Reviving a Classic with Modern Tools Our "Darvas Box Strategy with Visual Signals" leverages the simplicity of Darvas's boxes and pairs it with the insights of a VWMA. This strategy script for TradingView is designed to illuminate clear buy and sell signals on your chart, providing you with a compelling visual cue that marries price action with volume. The Anatomy of the Strategy At its core, the strategy is built on two primary components: Darvas Boxes: These are virtual 'boxes' that capture the 'high' and 'low' of a stock within a specified period. As per Darvas's original concept, a new box is formed when the stock hits a new high. The top and bottom of these boxes serve as the resistance and support levels. VWMA: The VWMA provides more than just an average price level—it integrates volume into the mix, offering a weighted average price based on the amount of activity. This gives traders a sense of whether the price movement is supported by the market's conviction. Bringing the Strategy to Life Using the script, traders can set their preferred 'Length' for the Darvas Boxes and 'VWMA Length' to tune the strategy to their trading style. The strategy plots: VWMA Line: A smooth purple line that trails the price, adjusting with the volume flow. Darvas Boxes: Visualized by green circles for the tops (resistance) and red circles for the bottoms (support). Signal Flares for Entry and Exit What sets this script apart is its ability to provide distinct 'Buy' and 'Sell' signals: Buy: When the price ascends past the bottom of a Darvas Box and stands above the VWMA, it's an indication of potential upward momentum. Sell: Conversely, a dip below the top or bottom of the box suggests a possible change in tide, prompting an exit signal. Custom Alerts for Timely Execution Recognizing the right moment to enter or exit a trade is crucial. Therefore, our strategy includes built-in alert conditions, ready to notify you of emerging opportunities as they happen. In Summary This Darvas Box Strategy with Visual Signals is more than just a nod to a bygone era of trading—it's a dynamic tool that integrates historical wisdom with contemporary analysis, aimed at helping modern traders navigate the markets with greater clarity and confidence. Remember, while this strategy offers a strong foundation, it's vital to engage it within a broader trading system that accounts for your risk tolerance and market conditions. May your trades be as graceful and deliberate as a dancer's steps, much like Nicolas Darvas himself.
Long
by PPonBIN
2
Combined script of MavilimW and DARVAS BOXBuy Signals: MAVW Buy Signal: This signal is generated when the MAVW crosses above its previous value. You can use this as a bullish confirmation. Darvas Box Buy Signal: The Darvas Box doesn't have a specific buy condition defined in your code, so you might want to add one. Typically, traders look for price breaking out above the upper boundary of a Darvas Box as a potential buy signal. Sell Signals: MAVW Sell Signal: This signal is generated when the MAVW crosses below its previous value. You can use this as a bearish confirmation. Darvas Box Sell Signal: Similar to the buy condition for the Darvas Box, you can define a sell condition based on the price breaking below the lower boundary of a Darvas Box. To make these signals more actionable, you can consider using a combination of these conditions. For example: Ideal Buy Points: Buy when MAVW crosses above its previous value (MAVW Buy Signal) AND the price breaks above the upper boundary of a Darvas Box (Darvas Box Buy Signal). Ideal Sell Points: Sell when MAVW crosses below its previous value (MAVW Sell Signal) OR the price breaks below the lower boundary of a Darvas Box (Darvas Box Sell Signal). Keep in mind that you may need to adjust the parameters and conditions based on the specific financial instrument you are trading and the time frame you are using. Additionally, consider using stop-loss and take-profit levels to manage risk and lock in profits when trading with this strategy. It's also a good practice to backtest the strategy on historical data to evaluate its performance before using it in a live trading environment.
COINBASE:BTCUSDLong
by PPonBIN
Combined Box and Squeeze Strategy (Now includes shaded boxes)Description: This Pine Script strategy, titled "Combined Box and Squeeze Strategy", is a unique blend of two powerful trading concepts: "The Box Percent Strat" and "Squeeze Box ". The strategy is designed to work on the TradingView platform and can be applied to a wide range of financial instruments across various timeframes. Key Features: Box Percent Strategy: This part of the strategy creates dynamic boxes based on percentage movements. These boxes adjust their size depending on the price action, enabling traders to visualize significant price levels for potential entries and exits. Squeeze Box Indicator: Incorporated from "Squeeze Box ", this element adds a volatility component to the strategy. It helps identify potential breakout situations by highlighting periods of low volatility, which are often precursors to significant price movements. Light Blue Shading: To enhance visual clarity and ease of interpretation, the areas between the top and bottom of the box are shaded in light blue. This feature provides a quick and easy way to identify the current box formation. Multiple Moving Averages and Conditions: The strategy employs various moving averages (EMA, SMA, SMMA, etc.) with an adjustable sampling period. It also includes conditions for buying based on moving average trends and squeeze box breakout signals. Risk and Trade Management: Incorporates a basic risk management strategy where the number of shares to trade is calculated based on the user's specified risk per trade and the size of the box. Customizable Parameters: Several inputs and parameters can be customized, including risk per trade, box size percentage, moving average type, and more, allowing traders to tailor the strategy to their trading style and risk tolerance. Usage: This strategy is best used in markets with clear trends and can be applied to various asset classes including stocks, forex, and cryptocurrencies. It is particularly useful for traders looking to capitalize on breakout scenarios and for those who appreciate visual aids in chart analysis. Remember, this script should be used as a part of your broader trading strategy and should not be relied upon solely for making trading decisions. Always backtest the strategy with historical data and use it in conjunction with other analysis methods.
NYSE:VFCLong
by PPonBIN
Box and Squeeze Strategy - Darvas InspiredDescription The "Combined Box and Squeeze Strategy" is a comprehensive trading script developed for the TradingView platform. It merges two distinct analytical approaches: "The Box Percent Strat" and "Squeeze Box ," offering traders a multifaceted tool for market analysis. Key Features Box Percent Strat: This component of the strategy dynamically adjusts trading boxes based on price movements. The top and bottom of the box are recalculated as the market evolves, providing visual cues for significant price levels. Squeeze Box : Focused on volatility and market squeeze, this part of the strategy utilizes Bollinger Bands and a custom Moving Average calculation. It identifies periods of low volatility (squeeze) and plots high and low squeeze box levels, aiding in the identification of breakout opportunities. Dynamic Moving Average Calculation: The script includes various options for moving average calculations, such as EMA, SMA, WMA, VWMA, and more. Users can select their preferred type, which is then integrated into both the box calculations and squeeze analysis. Trading Signals: Entry and exit points are suggested based on the strategy's logic, which combines box breakouts and moving average trends. These signals can be used to inform trading decisions in conjunction with a user's existing strategy. Visual Plotting: Key levels, including box boundaries and moving averages, are plotted directly on the chart, making the analysis straightforward and visually accessible. Usage Ideal for various markets and timeframes. Can be customized to fit individual trading styles by adjusting input parameters. Should be used in conjunction with proper risk management strategies. Disclaimer This script is provided for educational purposes and should be tested thoroughly in a simulated environment before being applied to live trading. Users should trade based on their discretion and understanding of the financial markets.
ASX:IMULong
by PPonBIN