Darvas Boxes screener maybe doable in Prorealtime

• 10/24/2022 at 5:34 PM #202989
  Frank

  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.

  https://youtu.be/fCH1_3Ikv4I

   

  

  Frank

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  10/25/2022 at 11:30 AM #203007
  robertogozzi

  These are a couple of links to the indicator https://www.prorealcode.com/prorealtime-indicators/darvas-boxes-2/, https://www.prorealcode.com/prorealtime-indicators/darvas-boxes/. Which one are you using?

  What signal should the screener return (when the box is broken)?

   

   

  

  robertogozzi

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  10/25/2022 at 4:06 PM #203033
  Frank

  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.

   

  

  Frank

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  10/27/2022 at 3:12 PM #203126
  Frank

  Hi Roberto, did you see my previous post? What do you think about it?

  

  Frank

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  10/27/2022 at 6:48 PM #203129
  robertogozzi

  Sorry, I didn’t have a chance to read it. I’ll take an in-depth look at it asap 🙂

   

  

  robertogozzi

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  11/01/2022 at 7:24 PM #203383
  robertogozzi

  There you go (based on the indicator at https://www.prorealcode.com/prorealtime-indicators/darvas-boxes-2/):

  Darvas Boxes 2 (screener)

  // 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=↓")

  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

  // 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=↓")

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  Frank

  

  robertogozzi

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  11/01/2022 at 7:27 PM #203384
  Frank

  Thank you very much Roberto! I hope this will be useful to all of the Prorealtime users.

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  robertogozzi

  

  Frank

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