darvas boxes

Custom MT4 expert advisors published here.

Moderator: admin

darvas boxes

Postby bartwas1 » Fri Feb 02, 2018 7:56 am

Hi

I'd like to upload slightly different version of Darvas boxes' indicator. There is already one version of this indicator published here by Alexander with a link to investopedia explaining theory behind it. My version shows boxes not a channel. If you wish to browse internet for some images of this indicator you'll see box and channel versions. In my opinion a box illustrates in more transparent way how and why to make a trading decision. It gives you more inkling into price resistance and support. It isn't perfect..., but definitely worth testing.

Just to be clear, I didn't create it, just wanted to share. Happy trading.
Bart
Attachments
DarvasBoxes nmc.mq4
(18.71 KiB) Downloaded 745 times
bartwas1
FXCodeBase: Initiate
 
Posts: 148
Joined: Tue May 09, 2017 11:15 am

Re: darvas boxes

Postby bartwas1 » Fri Feb 02, 2018 2:18 pm

Hi

A small update to the post about darvas boxes. I forgot to mention that this version contains also channel version and some other goodies you may use or not by selecting appropriate modes 0=off, 1=on. For a example a ghost mode is an interesting one it projects where the future boxes could be. It could be used as a potential target zone.
bartwas1
FXCodeBase: Initiate
 
Posts: 148
Joined: Tue May 09, 2017 11:15 am


Return to MT4 Expert Advisors

Who is online

Users browsing this forum: Google [Bot] and 14 guests