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Re: [amibroker] Re: darvas



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Hi Jatinder,
         The Darvas box is intended to be used in long term trading. It can be use in daily also
  but I think that is less reliable. The lines are basically support  and resistance line in the near time frame that you are using. When Darvas used this he would wait for a breakout 
  above the high after making a low inside the box.  The stocks that he used were high quaity stocks that have had a run of good earnings and mostly good news for a long time. It is a very good system if you have the patience to work with it. I have read his book it is a fast read and not very detailed about picking his stocks. From what I gathered he watched the paper and picked out a group of stocks that were going side ways and once they started to increase in price he would put the system to work. I would be willing to answer more questions if you have more.
   
  good luck, 
  Steve

paulradge <paulradge@xxxxxxxxxxxxxxx> wrote:
            HI Jatinder,
                  no disrespect intended your probably aware of this,,,
   from what i understand of darvas box is that it looks for a range breakout to new highs or new lows,,,
    if you paste the formula into the formula editor click tools and then click apply indicator it will plot the indicator on your chart and show green for up=buy ,,,red for down=sell.
   
  click file save as and save it in custom folder in charts with a name to recall it at will.
   
   thats really all i know about darvas box system i've always understood it to be a range break out system.
  maybe someone else would like to comment
  happy trading
  Paul
   
    ----- Original Message ----- 
  From: jsfromynr 
  To: amibroker@xxxxxxxxxxxxxxx 
  Sent: Wednesday, January 17, 2007 5:17 PM
  Subject: [amibroker] Re: darvas
  

    Hello paulradge,

Thanks!!
I have been using darvas as found on site. But , what this formula 
does . It picks up one high , then next high and then the highest of 
these becomes the top of darvas box.

The low is continously changing but top is always going up. So little 
difficult for beginner like me to say when to enter and when to 
leave??

Can you help me with this?

With Warm regards
Jatinder Singh

--- In amibroker@xxxxxxxxxxxxxxx, Steve Kuball <stevekub101161@xxx> 
wrote:
>
> Open AmiBroker and go to help and click on Web Links, and then go 
to AmiBroker Home page. On the left side of the page look for 
support. Under support you will find AFL Lybrary. Click on AFL 
lybrary which will open the front page of all the formulas available 
to us that have allready been writen by our estemed coleges. This 
list is in alphabetical order so all you need to do is scroll down 
the page and you will see a script on Darvas.
> 
> Good luck, 
> 
> paulradge <paulradge@xxx> wrote:
> greetings,,,
> look up amibroker library,,,google it ,,,then 
search in "complete formulas" on darvas,,
> 
> there is one in there,,,as i have it here.
> cheers
> Paul
> 
> 
> ----- Original Message ----- 
> From: jsfromynr 
> To: amibroker@xxxxxxxxxxxxxxx 
> Sent: Monday, January 15, 2007 10:26 PM
> Subject: [amibroker] darvas
> 
> 
> Hello All,
> 
> I am new to Amibroker(an excellent tool) , so can the experts guide 
me 
> how to find the darvas box formation in the current database.
> 
> With Warm regards
> Jatinder Singh
> 
> 
> 
> 
> 
> 
> 
> 
> Steven Kuball
> 
> ---------------------------------
> Check out the all-new Yahoo! Mail beta - Fire up a more powerful 
email and get things done faster.
>



  

         


Steven Kuball
  
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