Darvas Box Technical Analysis & Darvas Box Signals
Developed & Created by Nicolas Darvas
Nicolas Darvas is a famous trader who made 2 million dollars trading the stock market. Darvas begun with an account of $10,000 and made a profit of over $2 million.
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 and How to Generate Trading Signals
This method is used to generate signals based on a simple break out trading strategy of the Darvas Box lines.
Bullish Signal
If the price of a currency pair breaks out at the top box line, this then is a bullish signal
Bearish Signal
If price of a currency pair breaks-out to the lower line, then this is a bearish.
The exemplification below indicates a bearish signal derived and generated from the Darvas Box Trading Indicator.
Breakout - Bearish Signal
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