Watch how to download trading robots for free

Find us on Telegram!
Join our fan page

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

Views:: 7069
Rating:: (17)
Published:: 2011.10.25 10:51
Updated:: 2016.11.22 07:32

symmetricdarvasboxes.mq5 (6.64 KB) view

Download as ZIP, How to download code from MetaEditor

: Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Standard Darvas Box indicator is not symmetrical. The very programme logic of its calculation is arranged so that generation of the upper and lower channel borders is performed without using antisymmetric algorithms.

This fact is quite acceptable when analyzing stocks prices changes but if we take Forex, such method seems to be rather unnatural. In the standard version of the indicator the calculation period of the indicator is fixed and equal to five that imposes strong limitations of Darvas Boxes applications. Considering this logics there has been made an attempt to enhance this indicator by making the calculation logics completely symmetrical and arranging the access to the generation period of the channel.

SymmetricDarvasBoxes

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/499

Fine Fractals

Fine Fractals can show important price curves, highs and lows in the cases where the standard Fractals indicator fails.

Darvas Box

Darvas trading technique is based on his method of a new trend detection.

iTrend

Combined power and trend direction indicator.

ExCandles2

ExCandles-v2 indicator shows candlesticks combinations on a chart using the arrows.

SymmetricDarvasBoxes - indicator for MetaTrader 5