Darvas NCM Boxes Indicator for MetaTrader 4 Download - [TradingFinder]

Darvas NCM Boxes tool is a MT4 Trading Assist indicator for technical analysis on the MetaTrader 4 platform. It operates based on High and Low Pivots.

When the price fluctuates within a range and forms pivots, this indicator creates a price box on the chart.

Darvas NCM Boxes Specification Table

The following table provides an overview of the general features of the Darvas NCM Boxes Indicator:

Category	Support and Resistance – Pivot Point and Fractal – Volatile
Platform	MetaTrader 4
Skill Level	Intermediate
Indicator Type	Reversal - Breakout - Range
Timeframe	Multi Timeframe
Trading Style	Intraday Trading
Trading Market	All Markets

Uptrend Conditions

In the EUR/GBP price chart, colored boxes represent the range trading cycle. Blue boxes indicate an uptrend, while silver boxes signify market decision zones.

A bullish signal is triggered when the price breaks above the upper boundary of a blue or silver box. In this case, the indicator plots a blue upward arrow near the breakout candlestick, signaling a buy entry.

Downtrend Conditions

Red price range boxes represent a downtrend in the DOGE/USD price chart. A bearish signal is triggered when the price breaks below the lower boundary of a red or silver box.

In this case, the Darvas Boxes Indicator plots a red downward arrow near the breakout candlestick, signaling a sell entry.

Indicator Settings

The following image provides an overview of the adjustable parameters in the Darvas NCM Boxes Indicator:

• Model: Operating mode
• Pivot length: Pivot length
• Rolling period: Rolling period
• Neutral color: Neutral color setting
• Uptrend color: Color for uptrend
• Downtrend color: Color for downtrend
• Show boxes: Enable/turn off box display
• Box lines width: Thickness of box lines
• Show channels: Enable/turn off channel display
• Show pivots: Enable/turn off pivot display
• Show ghost boxes: Enable/turn off ghost boxes
• Show signals: Enable/turn off signal display

Conclusion

The Darvas NCM Boxes tool is a MT4 Pivot points and fractal indicator patterns to identify essential price areas and provide trading signals when these areas are broken.

The Darvas Boxes Indicator plots colored boxes and signal arrows, helping traders identify optimal entry and exit points.