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Exploring the Darvas Boxes Cloud Indicator for MetaTrader 5

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Author: MetaQuotes

The Darvas Boxes indicator is a fantastic tool for traders looking to visualize price action effectively. This version features a color-filled channel, resembling a cloud, which helps traders to identify potential price levels more easily. The indicator displays the latest values as price labels, making it user-friendly.

One of the standout features of this indicator is its ability to round channel levels to a specified number of digits. You can easily set the rounding precision in the Digit input:

input uint Digit=3; //Number of digits to round to

Fig.1. DarvasBoxesCloud_Digit_Grid

Fig.1. DarvasBoxesCloud_Digit_Grid

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