Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=65688
Forum: 38 · Topic 65688 · 2 post(s)
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
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.