Darvas

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Darvas

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Description

A trading strategy that was developed in 1956 by former ballroom dancer Nicolas Darvas.  Darvas' trading technique involved buying into stocks that were trading at new 52-week highs with correspondingly high volumes.

 

... Courtesy of Investopedia

 

 

Syntax

Darvas()

Darvas(ISeries<double> input)

 

Returns the upper value

Darvas().Upper[int barsAgo]

Darvas(ISeries<double> input).Upper[int barsAgo]

 

Returns the lower value

Darvas().Lower[int barsAgo]

Darvas(ISeries<double> input).Lower[int barsAgo]

 

 

Return Value

double; Accessing this method via an index value [int barsAgo] returns the indicator value of the referenced bar.

 

 

Parameters

input

Indicator source data (?)

 

 

Example

ns

// Prints the current upper Darvas value
double value = Darvas().Upper[0];
Print("The current upper Darvas value is " + value.ToString());

 

 

Source Code

You can view this indicator method source code by selecting the menu New > NinjaScript Editor > Indicators within the NinjaTrader Control Center window.