Darvas Box Expert Advisor Setup - Setting Up Darvas Box Expert Advisor

Darvas Box Expert Advisor Setup - Setting Up Darvas Box Expert Advisor - A trader can come up with an Darvas Box Expert Advisor based on the Darvas Box indicator explained below.

Darvas Box Expert Advisor rules can be combined with other indicators to come up with other Expert Advisor Bots that trade using rules based on two or more indicators combined to form a trading system.

Darvas Box Analysis and Darvas Box Signals

Created 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 & made a profit of over 2 million dollars.

This is one of techniques that Darvas combined to form his stocks system. Along with this methodology he made accurate trade decisions.

Darvas Box - Darvas Box Expert Advisor Setup

FX Analysis and Generating Signals

This method is used to generate signals based on a simple break out strategy of the Darvas Box lines.

Bullish Signal

If the price of a currency pair breaks out at the top box line, then this is a bullish signal

Bearish Signal

If the price of a forex pair breaks out to the lower line, then this is a bearish signal.

The example below shows a bearish signal generated from the Darvas Box Indicator.

Break Out - Bearish Signal - Forex Darvas Box Expert Advisor Setup