![Darvas NCM Boxes Indicator for MetaTrader 5 Download - [TradingFinder]](https://cdn.tradingfinder.com/image/274783/2-22-en-darvas-ncm-boxes-mt5-1.webp)
![Darvas NCM Boxes Indicator for MetaTrader 5 Download - [TradingFinder] 1](https://cdn.tradingfinder.com/image/274775/2-22-en-darvas-ncm-boxes-mt5-2.webp)
![Darvas NCM Boxes Indicator for MetaTrader 5 Download - [TradingFinder] 2](https://cdn.tradingfinder.com/image/274778/2-22-en-darvas-ncm-boxes-mt5-3.webp)
![Darvas NCM Boxes Indicator for MetaTrader 5 Download - [TradingFinder] 3](https://cdn.tradingfinder.com/image/274780/2-22-en-darvas-ncm-boxes-mt5-4.webp)
The Darvas NCM Boxes trading tool is an MetaTrader 5 indicator designed to detect price pivots. This indicator draws price boxes when the price fluctuates in a range by identifying peak and trough pivots.
In addition to marking key price areas, this tool signals entry or exit from the market when these areas break.
Darvas NCM Boxes Specification Table
The following table presents the specifications and features of the Darvas NCM Boxes indicator:
| Category | Support and Resistance – Pivot Point and Fractal – Volatile |
| Platform | MetaTrader 5 |
| Skill Level | Intermediate |
| Indicator Type | Reversal - Breakout - Range |
| Timeframe | Multi Timeframe |
| Trading Style | Intraday Trading |
| Trading Market | All Markets |
Uptrend Conditions
The following price chart illustrates the EUR/AUD currency pair in a 4-hour time frame. A bullish signal is activated when the price breaks the upper boundary of blue or silver range boxes and moves upward.
In this case, the indicator displays a blue upward arrow near the breakout candle, signaling a buy entry.
Downtrend Conditions
The red boxes in the price chart of Gold (XAU/USD) indicate a downtrend. A bearish signal is generated when the price breaks below the lower boundary of the red or silver range box and moves downward.
In this scenario, the indicator displays a red downward arrow near the breakout candle, providing a sell signal.
Indicator Settings
The following image provides a list of adjustable parameters for Darvas NCM Boxes indicator:
- Darvas Modes: Number of Darvas strategies
- Pivot Strength in bars: Pivot point durability
- Rolling period of evaluation: Dynamic evaluation timeframe
- Neutral Color: Stable market tone
- Uptrend Color: Bullish market tone
- Downtrend Color: Bearish market tone
- Show Boxes: Enable box visibility
- Box Lines Width: Line thickness for boxes
- Show Pivots: Enable pivot visualization
- Show Signals: Activate signal display
- Show Channels: Channel visualization option
- Show Ghost Boxes: Historical box display
Conclusion
The Darvas NCM Boxes tool is an indicator based on MT5 Pivot points and fractals indicator. It is designed to identify key price ranges and generate trading signals based on breakouts.
Using colored boxes and signal arrows, this indicator helps traders determine the optimal entry and exit points for their trades.
Does this tool provide buy and sell signals?
The Darvas NCM Boxes indicator displays colored boxes to indicate appropriate entry and exit points.
In which financial markets can the Darvas NCM Boxes indicator be used?
This indicator is applicable in all financial markets.