Darvas

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 (Series<T>)

Examples

1 // Prints the current upper Darvas value
2 double value = Darvas().Upper[0];
3 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.