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This strategy is best used for trend based trading. While market is trending, price still makes smaller ranges.
darvas boxes show breakouts from these small ranges, while still following the original market trend.
Detailed Description:
https://www.mql5.com/en/blogs/post/747919
Features:
– Check Darvas Box Breakout
– Check Price Above/Below MA or Darvas Box has crossed MA
– Min, Max Box Height
– Max Distance Between Entry Price and Darvas Box
– NRTR Trend Check
– Heiken Trend Check
– MA Slope Check
– Higher Timeframes Price and MA check
– Max Spread Check
– Fixed Stop Loss and Take Profit Option
– Variable Stop Loss at Darvas Box or Darvas Pivots or selected MA
– Calculation of Profit Loss Points and Win/Loss Count and Profit Percentage
– Debug Texts on bars to show why signal skipped
