Darvas Box XAUUSD Analysis & Darvas Box XAUUSD Signals
Developed by Nicolas Darvas
Nicolas Darvas is a famous trader who made 2 million dollars trading the stocks market. Darvas started with an account of 10,000 dollars and made a profit of over 2 million dollars.
This is one of the techniques that Darvas combined to form his stocks xauusd system. Along with this methodology he made accurate trade decisions.
Darvas Box
Gold Analysis and Generating Signals
This method is used to generate signals based on a simple breakout strategy of the Darvas Box lines.
Bullish Trading Signal
If the price on a xauusd chart breaks out at the top box line, then this is a bullish signal
Bearish Trading Signal
If the price on a xauusd chart breaks out to the lower line, then this is a bearish signal.
The example shown below shows a bearish signal generated from the Darvas Box Indicator.
Breakout - Bearish Signal
What's a Trading Plan? - Writing Plan Example Template
Alternatives: Automated Robots EAs or Copy Paste Signals
