DIG Darvas Box

Background information on Darvas Box: The Darvas Box trading system was developed in 1956 by Nicolas Darvas; it was originally designed to identify key breakouts that usually lead to strong trends. The system was intended for use only in bullish markets and for weekly and daily charts. Our enhanced version provides a new functionality that allows the indicator to work in both bullish and bearish markets and to provide signals on both high and low time frames, such as hours and minutes. A long Darvas Box is created when the price pulls down and then straight up and the entire price range consolidates into a form of box. The Darvas Box lines are extended until a potential buy signal is created when the price breaks through the top of the box or a potential sell signal is created when the price falls below the bottom of the box.A short Darvas Box is created when the price pulls up and then straight down and the price range consolidates into a form of box. GOOG Daily Chart: On the left y