Darvas Box Technical Analysis and Darvas Box Signals
Created 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 & 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 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 Trading Signal
If the price of a currency 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.
Breakout - Bearish Signal