BeST Darvas Boxes

5

BeST_Darvas Boxes is an MT4  Indicator based on the trading method developed in the 50’s by the Hungarian Nicolas Darvas.

BeST_Darvas Boxes indicator

  • draws the Top and the Bottom of every Darvas Box  that can be confirmed on the current Chart.
  • draws Buy and Sell Arrows  for every confirmed Upwards or Downwards Breakout of the above levels.
  • draws always only after the bar closing and so is non-repainting or backpainting.


Note: Every customer who wants to have the older version v_1.75 with the statistical results in the panel (if the older verion was deleted during updating to v_1.80) please just let me know by a private message  and I will send him again the older v_1.75 file.


Inputs


Basic Settings


LB Period  -  LB # of bars for calculating the Darvas Boxes

Entries Mode – options for Entering the Market 

  • Single_Entry_Mode :  only 1 Position for each direction
  • 2_Additional_Entries_Mode : up to 2 additional positions for each direction

Exits Mode (only for Single_Entry_Mode) – options for Exiting the Market

  • Reverse Mode
  • TP and SL_Levels - fully adjustable (displaying,color,values)
  • Fast & Slow MAs Crossing - fully adjustable

Note: for the 2 Additional Entries Mode the Exits Mode is by default the Reverse Mode

Position_1,2 and 3 Lot Size for 2_Additional_Entries_Mode – for the correct calculation of the Average Entry Price if we use the 2_ Additional_Entries_Mode

Exit Modes' Settings

  • TP and SL Levels – for selecting TP and SL pip values if Exiting with a SL/TP
  • MAvgs Parameters – for selecting the parameters of 2 Mov.Averages if Exiting with their crossings.

Displaying Settings - for selecting which chart objects and features to show/activate.

Graphical Settings - for selecting the color, size and distances of drawn objects like 

  • Vertical Line locating the last Entry Signal 
  • Entry Price Level Horizontal Line for the current open position
  • TP/SL Levels Horizontal Lines
  • Exit MAs Lines
  • Chart Background Color Changes according to Trade Type

Arrows Settings - for controlling the Arrows use for Entry and Exit Signals.

Panel Settings - for controlling the use of the Trade Info Panel

Note: All Panel Infos are Real Time Updated while the Panel is fully color adjustable and can be moved anywhere in the chart.

Alert Settings - for controlling the use of Entry and Exit Alerts like 

  • MT4 Alert Message
  • Email Alert
  • Push Notification Alert


For EA Developers


Top of a Box :                                                                  Buffer = 0
Bottom of a Box :                                                             Buffer = 1
Buy Arrow :
(Single_Entry_Mode/
1st position for the 2_Additional_Entries_Mode)                 Buffer = 2
Sell Arrow :             
(Single_Entry_Mode/
1st position for the 2_Additional_Entries_Mode)                 Buffer = 3
Add_Buy_2 Arrow:                                                           Buffer = 9
Add_Sell_2 Arrow:                                                           Buffer = 10
Add_Buy_3 Arrow:                                                           Buffer = 11
Add_Sell_3 Arrow:                                                           Buffer = 12
Custom_Exit_Signal:                                                         Buffer = 13
Exit_fastMA:                                                                     Buffer = 20
Exit_slowMA:                                                                    Buffer = 21

                                     


Reviews 5
Vincent Paul Colombe
683
Vincent Paul Colombe 2021.11.10 12:03 
 

Very responsive support and useful tool. Best to enter trades at highs or lows.

protti73
156
protti73 2021.10.08 23:31 
 

I bought this indicator, along with other tools. I must say that I am very satisfied. the signs don't repaint, and Eleni's support service is fantastic. Always available for any support

intan08
1388
intan08 2021.07.09 10:51 
 

Useful tool and helpful author.

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Vincent Paul Colombe
683
Vincent Paul Colombe 2021.11.10 12:03 
 

Very responsive support and useful tool. Best to enter trades at highs or lows.

protti73
156
protti73 2021.10.08 23:31 
 

I bought this indicator, along with other tools. I must say that I am very satisfied. the signs don't repaint, and Eleni's support service is fantastic. Always available for any support

intan08
1388
intan08 2021.07.09 10:51 
 

Useful tool and helpful author.

mapsakis
50
mapsakis 2019.08.26 08:51 
 

Awesome Indicator.5 Stars

Werner
341
Werner 2019.08.05 23:36 
 

Very Good Support ! 5 Stars !

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