Darvas Box Stock Indices Technical Analysis and Darvas Box Stock Indices 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 trading methodologies that Darvas combined to form his stocks stock indices system. Along with this trading methodology he made accurate trading decisions.
Stock Indices Technical Analysis and Generating Stock Indices Signals
This trading method is used to generate stock indices signals based on a simple breakout strategy of the Darvas Box lines.
If the stock index price on a stock indices chart breaks out at the top box line , then this is a bullish signal
If the stock index price on a stock indices chart breaks out to the lower line, then this is a bearish trading signal.
The example illustrated below shows a bearish signal generated from the Darvas Box Stock Index Indicator.
Break Out - Bearish Signal