Darvas Box Technical Analysis and Darvas Box Signals
Developed by Nicolas Darvas
Nicolas Darvas is a famous trader who made 2 million dollars trading the stock market. Darvas started with an account of $10,000 and made a profit of over 2 million dollars.
This is one of methodologies which Darvas combined to form his stocks system. Along with this technique he made accurate trading decisions.
Darvas Box
Technical Analysis & How to Generate Signals
This technique is used to generate trading signals based on a simple breakout 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 Trading Signal
If the price of a currency pair breaks out to the lower line, then this is a bearish.
The example below shows a bearish signal generated from the Darvas Box Trading Indicator.
Breakout - Bearish Signal
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