• Overview
  • Reviews (2)
  • Comments (15)
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BeST Darvas Boxes

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 2
mapsakis
51
mapsakis 2019.08.26 08:51 
 

Awesome Indicator.5 Stars

Werner
330
Werner 2019.08.05 23:36 
 

Very Good Support ! 5 Stars !

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*Non-Repainting Indicator Message Me Immediately After Purchase For VIP Installation Help and Free Strategy     Bruce's Price Predictor is an indicator that shows precise price reversals. A great arsenal to add to any chart.  Bruce's Price Predictor points price reversals with high degree of accuracy and it is great for scalping on the 1min time frame, Or swing trading on the 1hr time frame. Buy and sell arrows are shown on the chart as for entry signals. They do not repaint but confirmation ent
50 USD
Naked Forex Tweezer Pro Indicator for MT4
Renaud Candel
Tweezer Pro Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos. The standard Tweezer is a two bar pattern. Our enhanced version is a multi-bar pattern. We filter the patterns for you so that you only get the   best and most effective patterns   and ignore the noise. The Tweezer pattern is a simple and effective pattern to trade. The strategy that comes with the Tweezer is based on price action. The Tweezer Pro version let user
177 USD
True Direction Oscillator
Muhammad Elbermawi
Or (TDO) ⭐⭐⭐⭐⭐   which is an index that measures the price rate of change using the principle of " Pure Momentum ". When a security price advances from 10 to 15 then the price rate of change is 150% but when it declines back from 15 to 10 then price rate of change is 33.3% only. That is why technical analysis indicators like "Price Rate of Change" (ROC) or "Momentum" gives higher readings for ascending price movements than that given to descending ones. TDO fixes this problem to help traders at
60 USD
MQLTA Support Resistance Lines
MQL4 Trading Automation
MQLTA Support Resistance Lines is an indicator that calculates the historical levels of Support and Resistance and display them as Lines on chart. It will also Alert you if the price is in a Safe or Dangerous zone to trade and show you the distance to the next level. The indicator is ideal to be used in other Expert Advisor through the iCustom function. This indicator can be tested LIVE on AUDNZD with the following DEMO https://www.mql5.com/en/market/product/26572 How does it work? The indicat
59 USD
Trend Line Map Pro
Sayadi Achraf
⭐️ ⭐️ ⭐️ ⭐️ ⭐️      TREND LINE MAP  ⭐️⭐️⭐️ ⭐️⭐️ Trend Line Map indicator is an addons for Trend Screener . It's  working as a scanner for all signals generated by Trend screener ( Trend Line Signals )  . Important Note : 1.  Active Signals Performance via  TREND LINE MAP INDICATOR ( Daily Update )    ► Click Here 2. Trend Line Map is a Trend Line Scanner based on Trend Screener Indicator. Please make sure that you get Trend Screener Pro before getting Trend Line Map indicator. 3. 
49 USD
PipFinite Breakout EDGE
Karlo Wilson Vendiola
The Missing Edge You Need To Catch Breakouts Like A Pro. Follow a step-by-step system that detects the most powerful breakouts! Discover market patterns that generate massive rewards based on a proven and tested strategy. Unlock Your Serious Edge Get it here ► www.mql5.com/en/blogs/post/723208 Have access to the game changing indicator that will take your trading to the next level! How To Trade Execute your trades in 3 Easy Steps! Step 1: Trade Setup Enter a signal if Success Rate is
98 USD
Advanced Price Movement Predictor Pro Edition MT4
Boris Armenteros
It predicts the most likely short-term price movement based on advanced mathematical calculations. Features Estimation of immediate price movement; Calculation of the real market trend; Calculation of the most important support and resistance levels; Algorithms optimized for making complex mathematical calculations with a minimal drain of system resources; Self-adjusting for better performance, so it’s able to work properly at any symbol (no matter how exotic it is) and any timeframe; Compatib
50 USD
RTrends
Nikolay Likhovid
The RTrends indicator does two things: first, it automatically draws the layout of the price chart by plotting trend lines and, secondly, it produces bearish and bullish signals. The layout reflects the fractal nature of the market. Trends from different time horizons are applied simultaneously on the chart. Thus, from a single chart a trader can see trend lines of higher timeframes. The lines, depending on the horizon, differ in color and width: the older the horizon, the thicker the line is. T
60 USD
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mapsakis
51
mapsakis 2019.08.26 08:51 
 

Awesome Indicator.5 Stars

Werner
330
Werner 2019.08.05 23:36 
 

Very Good Support ! 5 Stars !

Reply to review
Version 1.85 2020.04.30
1) Improving internal functions for Arrows' and text distances
2) Improving internal functions for calculating Open Profi
Version 1.80 2020.03.05
1.Making Panel for both Entries_Modes just an INFO Panel and not any more a STATISTICAL Panel
due to not consistent statistical results depending on the data quality
2.Improving internal functions for drawn objects
3.Improving the Exits Modes and their function

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.
Version 1.75 2019.11.23
1) Adding Custom Exit Modes and use of internal functions for corresponding
Statistics.
2) Improving Info Panel issues (for both Entry Modes) about Statistics and for
a better displaying.
Version 1.70 2019.10.07
1) Improving Info Panel issues for a better displaying more Symbols.
2) Improving Info Panel issues to functionate well in EUR,USD and GBP accounts.
3) Adding Useful Statistics to Info Panel for Reverse Entries_Mode.
Version 1.65 2019.07.14
Improving internal functions for Background Color Changes.
Version 1.60 2019.07.09
In version_1.60 the following features are added:

A) An Info Panel in the upper left corner of the Chart replacing the older Comment Info Table
B) A Verical Line determining the time of the each reverse trade or the time of the1st trade at the 2_Additional Entries Mode.
C) Horizontal Lines for the SL and TP Levels (that are inputs in pips).
D) Chart Background Color Changes according to Trade Type (as a selection).
Version 1.55 2019.02.06

1. In this new updated version v_1.55 of BeST_Darvas Boxes Indicator there has been added the selection ability of 2 more types of Alert. So at the area of Alert Settings now we have the options:

· Enable Buy & Sell Signals' MT4 Alert – for selecting to get a Sound Alert at the MT4 Platform.
· Enable Buy & Sell Signals' Email Alert – for selecting to get an Alert by an email message.
· Enable Buy & Sell Signals' Push Notification – for selecting to get an Alert by a mobile message.

2. In this new updated version v_1.55 of BeST_Darvas Boxes Indicator also it comes out in a more correct way the Open Profit in pips for Gold (XAUUSD) and Silver (XAGUSD) although often this also depends on how prices are displayed on the platform.
Version 1.50 2019.02.03
In this new updated version v_1.50 of BeST_Darvas Boxes Indicator there has been added the important selection ability of Entries Mode i.e. actually the ability to select the number of the consecutive displayed arrows of the same direction corresponding to possible additional positions of the same type (Long/Short). So the added Input is

· Select the Entries Mode

1. Classic Reverse Mode - for selecting the Classic Mode of displaying Arrows (Entry Signals) that was also used in all the previous versions.
2. 2_Additional_Entries_Mode – for selecting to be displayed 1 or 2 possible additional Arrows (but of different type) corresponding to possible additional positons of the same type (Long/Short).

It also important that in both input choises we can also select to be displayed as a Comment the Real Time Updated Information Table that shows:
· Current Position type
· number of Bars in Trade
· Entry Price for current position
· Open Profit in pips

Selecting the 2_Additional_Entries_Mode the Real Time Updated Information Table will be much bigger and will display the Entry Price and Open Profit for every Open Position (up to 3 in total possible open positions of the same type) as well as the total Open Profit (Sum Open Profit) of all currently open positions in pips.
Version 1.30 2018.12.27
1.Adding Inputs for selecting the color of the Buy or Sell Price Line.
2.Adding Input for selecting to receive or not an Alert on the MT4 platform when an Buy or Sell Entry Signal appear
Version 1.20 2018.11.28
In version_1.20 the following feature is added:

The information table in the upper left corner of the Chart, now contains the following:
· The current position type: Long / Short / Neutral
· The number of bars for which we are in the current open trade
· The theoretical Entry Price in each trade, i.e. the Open Price of the next bar after the Signal (Signal = Arrow).
· The Open Profit (Profit / Loss) in pips for the current trade.

Note:
All of the above are updated in Real Time and, moreover, there is the option of displaying or not of:
Arrows, Horizontal Line of Trade Opening Price and Information Table (Comments).
Obviously in this way, if one wants it, he can have in Chart either just the simple indicator or additionally the corresponding strategy, which offers the possibility for discretionary-manual trading.
Version 1.10 2018.10.31
In version_1.10 the following features are added:

1. A horizontal line representing the level of the theoretical Entry Price in each trade,
i.e. the Open Price of the next bar after the Signal (Signal = Arrow).
2. An information table in the upper left corner of the Chart, including the following:
· The current position type: Long / Short / Neutral
· The number of bars for which we are in the current open trade
· The Open Profit (Profit / Loss) in pips for the current trade
3. The ability to adjust also the size of Arrows.

Note:
All of the above are updated in Real Time and, moreover, there is the option of displaying or not of:
Arrows, Horizontal Line of Trade Opening Price and Information Table (Comments).
Obviously in this way, if one wants it, he can have in Chart either just the simple indicator or additionaly the corresponding strategy, which offers the possibility for discretionary-manual trading.