Darvas Box

The Darvas Box indicator is essentially a momentum strategy. It creates boxes when the price of an instrument rises above the previous high but falls back to a price not far from that high. Its purpose is to help traders determine when to enter or exit a market. When the price breaks out of the box, it is a sign of a breakout. The Darvas Box helps traders determine at what price to enter and exit the market.

Configuration Options

• ATH Lookback Period:
• Exit Field:
• Ghost Boxes:
• Stop Levels:
• Level Offset:
• Price Minimum:
• Volume Spike:
• Volume % of Avg:
• Color Selectors: Colors to use for graph elements.
• Display Axis Label: Whether to display the most recent value on the Y axis.