🔷 Introduction Nicolas Darvas, a dancer by profession and a self-taught trader, managed to turn a mere $36,000 into a whopping $2 million within an 18-month timeframe during the late 1950s. His approach to trading, now famously known as the Darvas Box Theory, primarily focused on trading stocks that were making new highs. But why was Darvas so fixated on these...
🚀 Introduction to the Darvas Box Strategy Nicolas Darvas, a dancer by trade, crafted a unique and potent trading strategy during his global tours, famously turning $36,000 into $2 million within an 18-month timeframe during the 1950s. His approach, detailed in his book "How I Made $2,000,000 in the Stock Market," revolves around the concept of the "Darvas Box"...
Greetings Traders, We are continuing with our (mini) series in which we break down the (seemingly endless) features of The Divergent indicator. Today we are going to discuss the various oscillators The Divergent supports detecting divergences on. In contrast to other divergence indicators on TradingView, The Divergent comes with oscillators built-in....
- Do you have a Discord server set up for your own trading community? - Do you use divergences as part of your trading strategy? - Would you like to send automated notifications to your Discord server whenever a divergence appears on any chart? If you have answered yes to all 3 questions above, please keep on reading. The easiest way to receive automated...
Detecting divergences in a Pine indicator / strategy is easy. You simply have to compare the pivot lows and the pivot highs on the price and the oscillator, and if you can identify a difference between the last & previous pivots made on the price and the oscillator, you have likely found a divergence. Using this theory, here is an example how you would detect a...