METASTOCK – A TRUE TOOL BOX

DARVAS BOX EXAMPLE
Here’s an example of how a quick Internet search can provide a new indicator in only minutes. Using the word ‘Darvas MetaStock’ in an internet search engine provides a raft of links, here’s one selected with a formula which is quickly and easily implemented into MetaStock through the indicator builder. See below.

Using this methodology provides you with access to unlimited indicators in one powerful charting package.

Darvas Box II
Ht:=If(Cross(HHV(H,4)=Ref(H,-3),.9)=1,Ref(H,-3),PREV);
Top:=If(Ht>Ref(Ht,-1),Ht,PREV);
Lt:=If(Cross(HHV(H,4)=Ref(H,-3),.9)=1,L,PREV);
Bot:=If(Lt<Ref(Lt,-1),Lt,PREV);
Top;
Bot