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Darvas Box Indicator

Trading Indicator: Darvas Box Indicator
Created by: Brian Brown on February 20, 2010.
The coding of this Technical Analysis method necessitated 38 lines.
The trading indicator is named 'darvasbox' and it is coded using C# programming language.
It allows 2 inputs. The different parameters are:
period (Type: Number - Default Value: 260): Period
TopBottom (Type: Number - Default Value: 0): 1 for top; 0 for bottom

p = darvasbox(260, 0);

Formula to plot the indicator on a chart:
Plot(darvasbox(260, 0), "Darvas Box Indicator", colorRed);

Future and Past Bars:
The function has no look-ahead bias. It requires zero past bars.

Click on this link to download Darvas Box Indicator

Search terms used to find this trading item include darvas box indicator, darvas box formula, Darvas Box Theory, DARVAS BOX, darvas box software

The trading object is saved under the following categories: Technical Analysis

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Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.