Darvas Box Commodities Analysis & Darvas Box Trading 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 trading methodologies which Darvas combined to form his commodity system. Along with this technique he made accurate trading decisions.
Darvas Box
Commodities Analysis & Generating Trade Signals
This technique is used to generate signals based on a simple breakout strategy of the Darvas Box lines.
Bullish Trading Signal
If the price on a chart breaks out at the top box line, then this is a bullish signal
Bearish Trading Signal
If the price on a chart breaks out to the lower line, then this is a bearish signal.
The example illustrated & described below portrays a bearish signal generated from the Darvas Box Indicator.
Breakout - Bearish Signal