Box Theory AZT

Box Theory Trading Strategy for TradingView


Strategy Premise

This is a trend following strategy which plots the boxes based on the length provided. Any breach in the box creates a signal to enter a position. Please read for more details on the Darvas Box Theory.

Strategy Logic

Long Entry: When candle closes above the green line, send LE

Long Exit: Either when SL or Target is hit. If SL/TGT is not hit, and when candle closes below the red line, send LX and SE

Short Entry When candle closes below the red line, send SE

Short Exit: Either when SL or Target is hit. If SL/TGT is not hit, when candle closes above the green line, send SX and LE

Box Theory Parameters for TradingView Charts

Box Length: Length of Box based on the number of previous candles

Quantity: This is used to specify the trade quantity

Custom Stop Loss in Points: Movement in chart price against the momentum which will trigger exit

Custom Target in Points: Movement in chart price against the momentum which will trigger exit