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Darvasbox

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
How to find Darvas Stocks using TradingView's Stock Screener 2.0🔷 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 particular stocks? Darvas believed that stocks hitting new highs were driven by fundamental factors that had caught the attention of many investors, thereby driving up demand. He was particularly interested in stocks that were not only hitting new highs but were also accompanied by significantly higher-than-average trading volumes, indicating strong investor interest and buying pressure. These stocks, often referred to as "Darvas Stocks," typically exhibit a strong upward momentum and are characterized by their ability to remain resilient, even in a sideways or bearish market. In this guide, we will explore how to utilize TradingView's Stock Screener 2.0 to identify potential Darvas Stocks by filtering for stocks that are near their all-time or 52-week highs and are trading on above-average volumes. 🔷 Step 1: Open Stock Screener 2.0 First, navigate to the Stock Screener 2.0 by clicking here: www.tradingview.com Your screener should look like this: Note: TradingView also has a Stock Screener 1.0. (available at www.tradingview.com). Do not use version 1.0, as it does not have the necessary filters we are going to use in our quest for Darvas Stocks. 🔷 Step 2: Set Up the Price Filter To identify stocks that are near their all-time or 52-week highs, we'll set up a custom Price filter. To create a custom Price filter, click on the Price filter button and select "Custom". If you can't see the Price button in the top toolbar, click on the + icon and search for Price. In the Price filter creation dialog, in the first drop-down, select "Below %". In the second drop-down, select a percentage (e.g. 0-5%). This is how much the price will have to be below the all-time/52-week high in order to qualify as a Darvas Stock. In the third drop-down, select "New high". And finally, in the fourth drop-down, select either "52W" or "All Time", depending on the timeframe you wish to use. When fully configured, your custom price filter should look like this: Once you click on the button with the tick, your filter should be applied. Next, let's set up the Volume filter to only show those stocks that trade above average volume. 🔷 Step 3: Configure the Volume Filter Darvas placed a significant emphasis on volume as it indicated the strength behind the price movement. To create a custom Volume filter, click on the + icon and search for Volume. You have multiple options here. You can either compare the daily/weekly volume against weekly/monthly volume or compare volume averages. If you would like to compare the stock's Volume, select "Volume" from the results. If, instead, you would like to compare volume averages, choose "Average Volume". In the example below, we will show you how to set up the volume filter so that it only shows those stocks which have their 10-day average volume trading 50% or more above their 30-day average volume. To compare volume averages, create a custom "Average Volume" filter. In the Average Volume filter creation dialog, in the first drop-down, select 10D. In the second drop-down, select "Above %" In the third drop-down, select "50% or more". In the fourth drop-down, select "Average Volume". And finally, in the fifth drop-down, select 30D. When fully configured, your custom average volume filter should look like this: Once you click on the button with the tick, your filter should be applied. 🔷 Step 4: Additional Filters (Optional) You may also want to apply additional filters based on your trading preferences, such as: Market Capitalization: Filter stocks based on their market cap to focus on companies of a particular size. Sector/Industry: If you want to focus on specific sectors or industries, apply the relevant filters. 🔷 Step 5: Analyze the Results Once you have your list of potential Darvas Stocks: Examine the Charts: Look for stocks that are forming a Darvas Box, indicating a consolidation period followed by a breakout. Fundamental Analysis: Although Darvas primarily used technical analysis, ensuring the company has solid fundamentals can provide additional confirmation. 🔷 Step 6: Continuous Monitoring Maintaining a watchful eye on the stocks that align with your criteria can offer valuable insights into market behaviour and the practical application of the Darvas Box Theory. It's essential to observe how these stocks perform, particularly how they behave around their respective boxes, and to use this as a learning opportunity to understand the nuances and potential challenges of implementing this strategy in real-time trading scenarios. 🔷 Conclusion Utilizing TradingView's Stock Screener 2.0 to identify potential Darvas Stocks provides a structured and efficient method to explore and understand the principles that Nicolas Darvas applied to his own trading journey. Observing stocks that are making new highs on above-average volumes allows you to delve deeper into the Darvas Box Theory and appreciate its practical applications and limitations. Remember, the objective is to learn and understand the strategy, not to provide a foolproof trading system. Always approach trading with caution, and consider utilizing a demo account to practice without risking actual capital.
NASDAQ:TSLAEducation
by WhiteboxSoftware
1
HOW-TO: Navigate the Market with the Darvas Box Strategy 🚀 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" - a method that encapsulates price movements and leverages breakout patterns, all while keeping a keen eye on volume. Darvas sought stocks carving all-time highs and observed their trading ranges, creating a "box" from the consolidation periods. He would buy on the breakout above the box and implement a stop-loss below it, ensuring a meticulous risk management approach. 🛠️ Harnessing the Darvas Box Strategy with Our Script Our Darvas Box strategy script is designed to encapsulate the essence of Darvas’s strategy, providing traders with a tool to not only identify and visualize Darvas Boxes but also to backtest the strategy across various assets and timeframes on the TradingView platform. 🗝️ Key Features: Backtesting Capability : Evaluate the Darvas Box strategy’s historical performance on your chosen asset. Versatile Entry Filters : Customize your entry criteria, ensuring alignment with your risk tolerance and trading style. Volume Analysis : Integrate volume filters to validate breakout movements, adhering to Darvas’s emphasis on robust volume to confirm breakouts. Visual Aids : The script visually plots Darvas Boxes and potential entry/exit points, aiding in swift analysis and decision-making. 📊 Utilizing the Script for Informed Trading Decisions The script is not a 'get-rich-quick' tool but a sophisticated aid to navigate through the markets using a time-tested strategy. It allows you to: Identify and visualize Darvas Boxes on any chart. Backtest the strategy to understand its historical performance. Customize settings to align with your trading preferences. Receive alerts for potential entry and exit points based on your criteria. 📘 Dive Deep with Upcoming Publications In the subsequent publications, we'll delve deeper into the various configuration sections of the script, exploring settings, filters, and optimizations to ensure you can tailor the strategy to your unique trading approach. 🔍 Explore, Analyze, and Trade Wisely While the Darvas Box strategy has its merits, always remember that no strategy is foolproof. Ensure to utilize it as a component of a well-rounded trading plan, incorporating sound risk management and continual learning. 📈 Try the Darvas Box Strategy on Your Chart! Eager to explore the Darvas Box strategy on your own charts? Navigate through the markets with a strategy that has stood the test of time. Click on the following link to learn more about how to apply the script to your chart and begin your journey with the Darvas Box strategy! 👉 Try the Strategy Now! Stay tuned for the upcoming ideas where we dissect the script’s functionalities and showcase its application across various assets and market conditions! Disclaimer : Trading involves risk and is not suitable for every investor. The information provided is for educational purposes and should not be considered financial advice. Always conduct your own research and consider your financial situation carefully before engaging in trading.
NASDAQ:TSLAEducation
by WhiteboxSoftware
ORLY Long on Consolidation Break-Out🐂 Trade Idea: Long 🔥 Account Risk: 1.00% 📈 Recommended Product: Knockout 🔍 Entry: +/- 922.00 🐿 DCA: No 😫 Stop-Loss: 877.99 (898.75 for aggressive trade) 🎯 Take-Profit #1: 977.59 (50%) 🎯 Take Profit #2: - 🎯 Trail Rest: Yes 🚨🚨🚨 Important: Don’t forget to always wait for strong confirmation once possible entry zone is reached. Trade ideas don’t work all the time no matter how good they look. Do not get a victim of FOMO, there is always another trade idea waiting. 🚨🚨🚨 If you like what you see don’t forget to leave a comment 💬 or smash that like ❤️ button! — ORLY is in an overall uptrend and broke the consolidation trendline with a strong candle going into a bullish consolidation inside a small range. Entry should only be made if the daily candle remains outside the consolidation range (green box) today. If it falls back wait for another break-out and daily close. — Disclaimer & Disclosures pursuant to §34b WpHG The trades shown here related to stocks, cryptos, commodities, ETFs and funds are always subject to risks. All texts as well as the notes and information do not constitute investment advice or recommendations. They have been taken from publicly available sources to the best of our knowledge and belief. All information provided (all thoughts, forecasts, comments, hints, advice, stop loss, take profit, etc.) are for educational and private entertainment purposes only. Nevertheless, no liability can be assumed for the correctness in each individual case. Should visitors to this site adopt the content provided as their own or follow any advice given, they act on their own responsibility.
NASDAQ:ORLYLong
by LGNDRY-Capital
eicher all time higheicher has been at all-time high it has given a weekly breakout and if it closes above 3348 this month then a monthly breakout we fear that all-time high stock can turn down first. but mostly this is a wrong assumption all-time high stocks are momentum and the strong break-out stock we should be in these stocks if fear is there of losing then betting a small amount on how these stocks react can give good practical learning. now important eicher has given flag monthly break out and box break out at 3018 box breakout minimum target of 3769 but usually its gets doubled in bull run so target is 4504 flag breakout target 4839
NSE:EICHERMOTLong
by satyam15
DAR/USDT - LONG SCALPING-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --------------------------------------------------------- ⚡️⚡️ DAR/USDT ⚡️⚡️ Exchange: ByBit USDT Trade Type: Breakout (Long) Leverage: Cross (5.0X) Entry Orders: 1) 0.2009 - 100.0% Take-Profit Orders: 1) 0.2089 - 65.0% 2) 0.2117 - 25.0% 3) 0.2165 - 9.998% Stop-loss Orders: 1) 0.1966 - 100.0% Trailing Configuration: Stop: Breakeven - Trigger: Target (1)
DLong
by Mahdicryptodotma-pro
POND breaking outPOND is a crypto of Marlin protocol providing a high-performance programmable network infrastructure for DeFi and Web 3.0. Like other Web 3.0 cryptos, POND has well performed recently. After losing 95% of value form its ATH, it has consolidated in a Darvas box since 2 months and a half. High volume trades have been realized and pushed the price to go up. The MA 50W was broken and the Darvas box is likely to be as well. I'm using Fib-retracement to highlight the major levels of POND if the new trend is up. Here is the referenced setup for this trade: Entry when there is a 1D candle closing out of the Darvas box and above the Fib 0.236 level, i.e $0.01543. One could also enter when the Darvas box is broken, i.e prices closing above $0.0144. SL below the red line, $0.0088 Darvas box pattern is invalidated when there is a 1D candle falling and closing inside the box (after breakout). The trade must be stopped in this case.
Long
by evasivesteering
13
Close to use Darvas's boxes trategyTechnically: H4 big desc. candle, closed below the support line. No correction above 5% H1 shows us accumulation in a narrow range Bearish pattern There are empty zone below. Green dash line is an next support. Nicholas Darvas wrote his book after he understood that when the price follows the trend there should be possibillities to increae your position at local stops. It like a train, going fwd, and at the stations you can join the trip. Next station we expect at the 838 (supp.from the Hune 15, confirmed Jun, 30) We have to be very careful about increasing our sells and should see the confirmations from the chart. like low corrections, small bars approaching the level, close retests of the level. In this case it will be allowed to double your position with correction of SL.
Short
by rakhascapital
1