Darvas Box Analysis & Darvas Box Trading 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 which Darvas combined to form his stocks oil system. Along with this technique he made accurate trade decisions.
Darvas Box
Oil Analysis & Generating Trading 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 shown below shows a bearish signal generated from the Darvas Box Crude Oil Indicator.
Breakout - Bearish Signal