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  • Reviews (3)
  • 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 3
intan08
859
intan08 2021.07.09 10:51 
 

Useful tool and helpful author.

mapsakis
51
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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Hello! I'm Tatsuron, a Japanese retail investor. We manage over 1 billion yen in Forex. So, let me introduce a very useful indicator that I use. Counter trade type indicator. Jcounter can capture the timing of the trend collapse phase. There are signs of a trend collapse. It is the world standard to confirm the sign with LSMA adopted by Jcounter. The numerical setting of LSMA is very important, but after many years of verification, the numerical value was identified and complete
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The xBrat Algo
The xBrat Algo
Paul Bratby
Think of an Experienced Traders’ Brain as a blueprint for a trading algorithm. Then the desire to keep charts as clutter free as possible. What you see below is a blueprint of Paul Bratby’s thought process but even he admits, he is getting too old to focus on all of these! • 9 Decision Points before Paul considers grading the trade a 3* trade • Then another special Decision Point will make it a 4* trade • Another for 5* trade • And Finally, a total of 12 Decision Points being correct before
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Square of 9 for all
Square of 9 for all
Francesco Rubeo
Welcome all to the famous Gann's "Square Of 9"!! This method was used by one of the best traders in the history, a person who made his way among the top traders. An "Holy Grail" for whoever wants to learn trading. The "Square of 9" was used by this genius to find the market's future supports and future resistances. Nowadays is possible to find them with just a click, thanks to softwares. At the time Gann was using just his set of square and goniometer!! Gann describes, partially, the tecnique on
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RSI Basket Currency Strenght
RSI Basket Currency Strenght
Dario Pedruzzi
The  RSI Basket Currency Strenght  brings the RSI indicator to a new level.  Expanding the boundaries of TimeFrames and mono-currency analysis, the RSI Multi Time Frame Currency Strenght take the movements of each currency that composes the cross and confront them in the whole basket of 7 crosses.  The indicator works with any combination of  AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD  pairs and with full automation takes in account every RSI value for the selected Time Frame.  After that, the ind
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Pairs Arbitrage Correlation
Pairs Arbitrage Correlation
Vladimir Tkach
The cross-correlation indicator calculates the relationship between the specified pairs for the previous period. Automatically selects the instruments with the highest and the lowest correlation, and then simulates trading on the selected pairs on the same test period. Then indicator displays the pairs that have shown the best trading results. Visualizes the PAC (Pairs Arbitrage Correlation) criterion for the pairs selected by the trader. The signal to open trades is set by the PAC levels. When
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Pinbar Scanner With Trend Filter
Pinbar Scanner With Trend Filter
ScorpionFX
(FOR MT4)   Pinbar Scanner For Multi Pair and Multi Time Frame : This indicator has been designed to automatically identify high probability pinbar formations. It includes an RSI trend-filter for finding the best oppportunities and it will send you an alert when these setups are found. IMPORTANT FACTORS TO KEEP IN MIND: A strong pinbar is clear evidence that the institutions are rejecting a particular price level.  These price levels are excellent areas to determine potential entries and exits
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BBMA Dashboard Fx
BBMA Dashboard Fx
Muhammad Syafiq Bin Mustapa
BBMA Dashboard Fx   This is a   Multi pair  and   Multi time frame  dashboard. The founder of the system is Mr. Oma Ally, which is a system based from Bollinger Band and Moving Average( BBMA ). BBMA consists of the use of 2 indicators: Moving Averages Bollinger Bands BBMA consists of 3 types of entries: Extreme MHV Re-Entry  This Dashboard Help you to scan current Extreme and Reentry setup ( MHV not included). The features of BBMA Dashboard : 1.Current TRENDS in Market Based on BBMA method.
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Williams Dashboard
Williams Dashboard
Pablo Mozo Bel
The Williams Dashboard is an information panel which allows you to have a global market vision through a Williams Percent Range. Williams Dashboard analyzes and tracks all the assets you want to invest in. Take advantage of this useful dashboard where you can open in a few seconds the chart and quickly invest in it. Main Features of Williams Dashboard Graphic panel that allows you to know the situation of many assets. 7 Different Williams Percent Range situations to discover when an asset is o
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Bermaui Deviation Percent
Bermaui Deviation Percent
Muhammad Elbermawi
Or ( BD% ) which is a volatility index that measures volatility in percent rather than points. The idea of BD% is to make an index depending on the Classic Standard Deviation (CSD) that moves between 0 and 100 percent. You can use BD% to compare volatility for the same security in different time periods or different time-frames. In addition, you can use BD% to compare volatility between different securities in different markets in terms of percent rather than points. The idea behind this ind
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Classic Keltner Channel
Classic Keltner Channel
Muhammad Elbermawi
Or CKC . This indicator works depending on the classic ten-day moving average rule described by Chester W. Keltner (1909–1998). All parameters are set to the classic version of the Keltner system by default, while the user can change them if he wants. Important Information Read CKC Manual: https://www.mql5.com/en/blogs/post/736577 CKC Expert Advisor Example: https://www.mql5.com/en/blogs/post/734150 About Keltner Channel Formula 1. Calculate the Center Line as a simple moving average from the
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MACD Currency Meter
MACD Currency Meter
Emir Revolledo
MACD and Currency Strength Meter(2 in 1 indicator) Currently 20% OFF!! When you buy my indicator, you are welcome to join our private group where we discuss strategies and possible setup for the indicator. Contact me to get the private link. MACD is trend indicator which is based one pair and Currency Strength Meter is also a trend indicator based on 28 major and minor pairs. While, MACD-CSM is a MACD indicator that is based on currency strengths of 28 pairs. Signals of MACD-CSM are differ
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BeST Hull MAvgs Strategies EA
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Eleni Koulocheri
BeST_Hull MAvgs Strategies_EA is an MT4 Expert Advisor based on the Market indicator named  BeST_Hull MAs Directional Strategy   and can make trades according to it or using only 1 HMA while it also applies all common Trade and Risk Management features. Generally the Hull Moving Average (HMA - developed by Alan Hull ) is a directional trend indicator . It captures the current state of the market and uses recent price action to determine if conditions are bullish or bearish relative to historic
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BeST Hull Single MA Strategy
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Eleni Koulocheri
BeST_Hull Single MA Strategy is an Metatrader Indicator based on the famous indicator Hull Mov.Average . This indicator can display the Single HMA Strategy of just 1 Hull MAvg. It uses added internal filters locating the most likely Entries while it can be used as a standalone system or as an add-on to other ones. Generally the Hull Moving Average (HMA - developed by Alan Hull) is a directional trend indicator . It captures the current state of the market and uses recent price action to determi
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Filter:
intan08
859
intan08 2021.07.09 10:51 
 

Useful tool and helpful author.

mapsakis
51
mapsakis 2019.08.26 08:51 
 

Awesome Indicator.5 Stars

Werner
341
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.