As far as I understand from what I’ve read so far in this forum, Prorealtime is not capable of creating a screener based on Darvas Boxes (correct me if I’m wrong). However, after seeing this detailed video about a Darvas Boxes screener clearly based on Tradingview, I believe something similar could be possibly developed. I don’t have the required skills to do it. Here is the video, please check it out and let me know if this is doable. Thank you.
Hi Roberto, I was only aware of the first link. The needed signal should be buy at breakout. Having such a screener would be great. Check this interesting article “The 7 Best Price Action Patterns Ranked by Reliability”: https://samuraitradingacademy.com/7-best-price-action-patterns/
The statistics on the price action of 7 patterns were accumulated through testing of 10 years of data and over 200,000 patterns. In all these cases the price action patterns were only included once they were considered to be complete, which usually means a full break of a support/resistance area or trendline.
All the main patterns (excluding Cup & Handle) were examined and Darvas Boxes was the second most reliable one.
Therefore, getting such a screener would be extremely interesting for all the community.
// Darvas Boxes 2
//
// https://www.prorealcode.com/prorealtime-indicators/darvas-boxes-2/
//
//============================== Indicateur
once DownBoxe=undefined
once UpBoxe=undefined
c1 = 0
IF close CROSSES OVER UpBoxe THEN
c1 = 1
ENDIF
IF close CROSSES UNDER DownBoxe THEN
c1 = 2
ENDIF
if box=1 and (high>DownBoxe or low<UpBoxe) then
box=0
flag=0
endif
if box=0 and flag=0 and low>low[3] and low[1]>low[3] and low[2]>low[3] then
th=low[3]
flag=1
endif
if flag=1 and box=0 and low<th then
flag=0
endif
if flag=1 and box=0 and high<high[3] and high[1]<high[3] and high[2]<high[3] then
DownBoxe=high[3]
UpBoxe=th
box=1
endif
SCREENER[c1 AND close > 20](c1 AS "1=↑, 2=↓")
The information collected on this form is stored in a computer file by ProRealCode to create and access your ProRealCode profile. This data is kept in a secure database for the duration of the member's membership. They will be kept as long as you use our services and will be automatically deleted after 3 years of inactivity. Your personal data is used to create your private profile on ProRealCode. This data is maintained by SAS ProRealCode, 407 rue Freycinet, 59151 Arleux, France. If you subscribe to our newsletters, your email address is provided to our service provider "MailChimp" located in the United States, with whom we have signed a confidentiality agreement. This company is also compliant with the EU/Swiss Privacy Shield, and the GDPR.
For any request for correction or deletion concerning your data, you can directly contact the ProRealCode team by email at privacy@prorealcode.com
If you would like to lodge a complaint regarding the use of your personal data, you can contact your data protection supervisory authority.
Get Assistance
Assistance Type
Your Need
Proposed Solutions
Do you like cookies? 🍪 We use cookies to ensure you get the best experience on our website.
(Learn more)
