Darvas Box Short Squeeze Strategy

//version=5
strategy("Darvas Box Short Squeeze Strategy", overlay=true)

// Inputs for the Darvas Box
darvasLength = input(20, title="Darvas Box Length")
riskRewardRatio = input(3, title="Risk to Reward Ratio")
riskAmount = input(100, title="Risk Amount ($)")

// Calculate the highest high and lowest low for Darvas Box
var float highLevel = na
var float lowLevel = na
var float darvasHigh = na
var float darvasLow = na
var bool inBox = false

if (high >= ta.highest(high, darvasLength)[1])
highLevel := high
inBox := true

if (low <= ta.lowest(low, darvasLength)[1])
lowLevel := low
inBox := false

if (inBox)
darvasHigh := highLevel
darvasLow := lowLevel

// Short Squeeze Condition: Significant upward movement with high volume
shortSqueezeCondition = (close > darvasHigh and volume > ta.sma(volume, 20))

// Entry logic for shorting on resistance
if (shortSqueezeCondition and close >= darvasHigh)
strategy.entry("Short", strategy.short)

// Long entry on major support (if price breaches below darvasLow)
if (close <= darvasLow)
strategy.entry("Long", strategy.long)

// Risk and Reward Levels
var float longTakeProfit = na
var float longStopLoss = na
var float shortTakeProfit = na
var float shortStopLoss = na

if (strategy.position_size > 0) // For Long position
longTakeProfit := strategy.position_avg_price * (1 + riskRewardRatio / 1)
longStopLoss := strategy.position_avg_price - (riskAmount / strategy.position_size)

if (strategy.position_size < 0) // For Short position
shortTakeProfit := strategy.position_avg_price * (1 - riskRewardRatio / 1)
shortStopLoss := strategy.position_avg_price + (riskAmount / (strategy.position_size))

// Exit logic
if (strategy.position_size > 0)
strategy.exit("Take Profit Long", from_entry="Long", limit=longTakeProfit, stop=longStopLoss)

if (strategy.position_size < 0)
strategy.exit("Take Profit Short", from_entry="Short", limit=shortTakeProfit, stop=shortStopLoss)

// Plotting levels for visualization
plot(longTakeProfit, color=color.green, style=plot.style_cross, title="Long Take Profit")
plot(longStopLoss, color=color.red, style=plot.style_cross, title="Long Stop Loss")
plot(shortTakeProfit, color=color.green, style=plot.style_cross, title="Short Take Profit")
plot(shortStopLoss, color=color.red, style=plot.style_cross, title="Short Stop Loss")