darvas - Indicator for MetaTrader 4

The Darvas Box indicator was developed to support the Darvas strategy. This method of the chart analysis is very popular in Europe and America, and, therefore, the trading robot is included in the 100 most popular indicators in the world.

Darvas Box identifies the new trend painting the upper and lower bounds of the area. You need to buy when it breaks the upper border. Thus, stop loss is set under the lower border. A signal to sell is the reverse situation.