OPEN-SOURCE SCRIPT
The Rumers Box Strategy+ v1.5.0
The Rumers Box Strategy - Visual Trading Setup Analyzer
This indicator implements Doug Rumers' Box Strategy methodology for identifying high-probability trading setups based on historical price ranges and opening candle analysis.
Key Features:
Customizable Box Construction - Define a "Box Date" to establish the high/low range that forms your trading framework
8:45 Candle Analysis - Automatically identifies and validates the opening candle on your specified "Analysis Date"
20% Rule Validation - Visual confirmation when the 8:45 candle range meets the 20% threshold of the box range
Entry Zone Highlighting - Clear visual marking of the top 20% (short zone) and bottom 20% (long zone) of the box
50% Midpoint Reference - Yellow midline for price action analysis
Multi-Timezone Support - Works with 12 major timezones including US, European, Asian, and Pacific markets
Comprehensive Info Panel - Real-time display of all key metrics including box range, thresholds, and setup validity
Historical Analysis - Time-based positioning allows analysis of any historical date without bar index limitations
How to Use:
Select your timezone
Choose the Box Date (the date that establishes your high/low range)
Choose the Analysis Date (the date to check the 8:45 candle)
The indicator will display a ✓ or ✗ showing whether the setup meets the 20% rule
Trade within the highlighted entry zones when valid setups appear
Perfect for: Day traders and swing traders using systematic, rule-based entry strategies on NAS100, ES, and other index futures.
This indicator implements Doug Rumers' Box Strategy methodology for identifying high-probability trading setups based on historical price ranges and opening candle analysis.
Key Features:
Customizable Box Construction - Define a "Box Date" to establish the high/low range that forms your trading framework
8:45 Candle Analysis - Automatically identifies and validates the opening candle on your specified "Analysis Date"
20% Rule Validation - Visual confirmation when the 8:45 candle range meets the 20% threshold of the box range
Entry Zone Highlighting - Clear visual marking of the top 20% (short zone) and bottom 20% (long zone) of the box
50% Midpoint Reference - Yellow midline for price action analysis
Multi-Timezone Support - Works with 12 major timezones including US, European, Asian, and Pacific markets
Comprehensive Info Panel - Real-time display of all key metrics including box range, thresholds, and setup validity
Historical Analysis - Time-based positioning allows analysis of any historical date without bar index limitations
How to Use:
Select your timezone
Choose the Box Date (the date that establishes your high/low range)
Choose the Analysis Date (the date to check the 8:45 candle)
The indicator will display a ✓ or ✗ showing whether the setup meets the 20% rule
Trade within the highlighted entry zones when valid setups appear
Perfect for: Day traders and swing traders using systematic, rule-based entry strategies on NAS100, ES, and other index futures.
Skrip sumber terbuka
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Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.