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Indicators

DarvasBoxes_System - indicator for MetaTrader 5

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Views:
2649
Rating:
votes: 23
Published:
2014.03.11 13:44
Updated:
2016.11.22 07:32

The indicator implements a breakthrough system using the DarvasBoxes channel.

When price exits the gray channel, the bar color changes to the color corresponding to trend direction. Blue for the growth of a financial instrument, red color - fall. Bright colors denote coincidence of trend direction and direction of a candlestick. Dark colors correspond to the situation when the direction of a candlestick is opposite to trend.

Figure 1. Indicator DarvasBoxes_System

Figure 1. Indicator DarvasBoxes_System

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/2094

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