Stock Portfolio Organizer
The ultimate porfolio management solution.
Shares, Margin, CFD's, Futures and Forex
EOD and Realtime
Dividends and Trust Distributions
And Much More ....
WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
Darvas Box for Amibroker (AFL)
Rating:
3 / 5 (Votes 2)
Tags:
darvas, trading system, amibroker
What Does Darvas Box Theory Mean?
A trading strategy that was developed in 1956 by former ballroom dancer Nicolas Darvas. Darvas’ trading technique involved buying into stocks that were trading at new 52-week highs with correspondingly high volumes.
A Darvas box is created when the price of a stock rises above the previous 52-week high, but then falls back to a price not far from that high. If the price falls too much, it can be a signal of a false breakout, otherwise the lower price is used as the bottom of the box and the high as the top.
Screenshots
Similar Indicators / Formulas
Darvas Box
Submitted
by free88x about 15 years ago
Darvas Box
Submitted
by dominoc almost 14 years ago
Jeff Cooper's Sling Shot Buy
Submitted
by sshirbhate almost 15 years ago
Ichimoku
Submitted
by prashantrdx over 10 years ago
Three-Bar Inside Bar Pattern
Submitted
by EliStern about 14 years ago
EMA System Ribbon
Submitted
by yo123 about 14 years ago
Indicator / Formula
Copy & Paste Friendly
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 | //////////begin/////////box1=0;box2=0;SetBarsRequired(10000,10000);procedure fillDarvas(start,end,swap,top, bottom ){ for ( j = start; j < end; j++) { if( box1[j] == swap) box1[j]= top ;elsebox1[j]= bottom; if(box2[j] == swap) box2[j]= bottom ;elsebox2[j]= top; }}BoxArr1 = 0;BoxArr2 = 0;StateArray = 0;DBuy = 0;DSell = 0;TopArray = 0;BotArray = 0;tick=0;BoxTop = High[0];BoxBot = Low[0];swap=0;state = 0;BoxStart = 0;for (i=0; i<BarCount; i++){ if (state==5) { TopArray[i]=BoxTop; BotArray[i]=BoxBot; if (Low[i]<(BoxBot*(1-tick/100)) || High[i]>(BoxTop*(1+tick/100))) {fillDarvas(BoxStart,i,swap,BoxTop,BoxBot); state = 1; swap = !swap; BoxTop = High[i]; BoxStart = i; } } else { if (High[i]<BoxTop) { if ((state<3) || (Low[i]>BoxBot)) { state++; } else { state=3; } if (state==3) BoxBot=Low[i]; } else { state=1; BoxTop=High[i]; } } StateArray[i] = state;}fillDarvas(BoxStart,BarCount,swap,BoxTop,BoxBot);Buyrule=H>Ref(box1,-1) AND H>Ref(box2,-1) AND Ref(statearray,-1)==5;Sellrule=L<Ref(box1,-1) AND L<Ref(box2,-1) AND Ref(statearray,-1)==5;_SECTION_BEGIN("Darvas box");//Plot(C,"",1,64);//Plot( box2, "" , 1 + statearray , styleLine );//Plot( box1, " Status = "+WriteVal(statearray,1.0) , 1 + statearray, styleLine );Buy=Cover=H>Ref(box1,-1) AND H>Ref(box2,-1) AND Ref(statearray,-1)==5;Short=Sell=L<Ref(box1,-1) AND L<Ref(box2,-1) AND Ref(statearray,-1)==5;Plot(C,"",1,64);Plot( box1, " Status = "+WriteVal(statearray,1.0) , 1 + statearray, styleLine );Plot( box2, "" , 1 + statearray , styleLine );PlotShapes(shapeUpArrow*(Buy),colorGreen); PlotShapes(shapeDownArrow*(Sell),colorRed); Plot( Flip( Buy, Sell ), "Trade", colorPaleGreen, styleArea | styleOwnScale, 0, 1 );Plot( Flip( Sell, Buy), "Short", colorPaleBlue, styleArea | styleOwnScale, 0, 1 );_SECTION_END();Buy = Buyrule;statopt = Optimize("statopt var", 3, 1, 5, 1 ); lossopt= Optimize("lossopt var", 5, 3, 10, 1 ); //statopt=5;//lossopt=7;topvalue=IIf(box1>box2,box1,box2);Sellrule2 = (((topvalue-Close)*100/topvalue) > lossopt) AND (statearray == statopt);Sell = Sellrule OR Sellrule2;Short = Sell;Cover = Buy; |
0 comments
Leave Comment
Please login here to leave a comment.
Back