Darvas Boxes (Multi-Mode)

Category: market_structure, trend

A multi-mode Darvas Box implementation that identifies price consolidation ranges using pivots and signals breakouts. Supports classic (bull-only) and modern (bi-directional) Darvas methodologies.

Formula

BoxTop = H_{pivot} \text{ where } H_{pivot} = \max(H_{i \dots i+N}) \text{ and } H_{t} < H_{pivot} \text{ for } t \in [i-N, i); \\ BoxBottom = L_{pivot} \text{ identified after } BoxTop \text{ while } Price \leq BoxTop.

Inputs

• DarvasMode (default: 3)
• PivotStrength (default: 3)
• RollingPeriod (default: 1)
• BoxesMode (default: 0)
• ChannelMode (default: 1)
• PivotsMode (default: 0)
• GhostBoxesMode (default: 0)
• SignalMode (default: 0)

See signal primitives, usage in published strategies and more on WOBR StrategyVerse.