Darvas Box Stocks Analysis and Darvas Box Signals
Developed by Nicolas Darvas
Nicolas Darvas is a famous trader who made 2 million dollars trading the market. Darvas started with an account of 10,000 dollars and made a profit of over 2 million dollars.
This is one of the techniques which Darvas combined to form his system. Along with this technique he made accurate trading decisions.
Darvas Box
Technical Analysis & Generating Signals
This technique is used to generate signals based on a simple breakout strategy of the Darvas Box lines.
Bullish Signal
If the price on a chart breaks out at the top box line, then this is a bullish signal
Bearish Signal
If the price on a chart breaks out to the lower line, then this is a bearish signal.
The example illustrated and explained below highlights a bearish signal generated from the Darvas Box Indicator.
Breakout - Bearish Signal