The Darvas Method

[Trade Ideas]

Thanks bbgold. Here are some alert windows based on my interpretation of the Darvas method.

You'll have to be a member to see the stock symbols, otherwise you'll still be able to see the configuration.

This alert window first creates the following conditions stocks must satisfy: be trading at least 50% above their normal current volume at all times, have a maximum spread of 8 cents, have already experienced 3 days of range expansion (increasing difference between high and low of the day - 3 days in a row), and be in the top half of its trading range of the current day.

Then and only then will it alert you of the following activity via the alerts: reaching new 3 day Highs, Running up in price, and breaking 3 day resistance lines.

Take a look:
http://www.trade-ideas.com/View.php?O=2000000000000000000040010_3d_0&QNHPF=3&QRU=6&QCDHR...

I may work on a Darvas breakout where the range is contracting for a few days and then suddenly breaks out the range on volume and makes new short term highs.