darvas metastock formula from b2
just import it into a new indicator formula box
LL:=If(L=LLV(L,5),L,If(Ref(L,-1)=LLV(L,5),Ref(L,-1),If(Ref(L,-2)=LLV(L,5),Ref(L,-2),If(Ref(L,-3)=LLV(L,5),Ref(L,-3),If(Ref(L,-4)=LLV(L,5),Ref(L,-4),0)))));
NH:=ValueWhen(1,H>Ref(HHV(H,5),-1),H);
Set1:=HHV(H,3)Val1:=ValueWhen(1,BarsSince(H>Ref(HHV(H,5),-1))=3 AND Set1=true,NH);
Val2:=ValueWhen(1,BarsSince(H>Ref(HHV(H,5),-1))=3 AND Set1=true,LL);
TB:=Val1; BB:=Val2; TB;BB
B2 got this some time ago from stockcentral and thinks it was from TechA..
some interest in Darvas at HC
B2 I hope you dont mind me passing your formula on.
I believe guppy had some other quite similar Box formula and systems based on range breakouts.
A jack in the box system rings a bell ?
must swat it up.
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darvas said buy yesterday, page-7
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