Hi guys, Version Zero (more work needed) of an idea I've been meaning to out into a strategy for a while. 🤯 This uses percent boxes🤔 instead of traditional indicators like RSI, MACD etc. 🤫 Takes the first close price of the series and creates a Top Band 10% up, buys if price reaches that level, and puts a stop on a Bot Band, 10% down When the first trade is in...
What Is the Darvas Box? The Darvas Box strategy was developed by Nicholas Darvas. Aside from being a well known dancer, he began trading stock in the 1950s. Based on his success in trading, he was approached to write a book on his strategy. The book, “How I Made $2,000,000 in the Stock Market,” outlines his rather simple approach … simple once you understand the...
What Is the Darvas Box? The Darvas Box strategy was developed by Nicholas Darvas. Aside from being a well known dancer, he began trading stock in the 1950s. Based on his success in trading, he was approached to write a book on his strategy. The book, “How I Made $2,000,000 in the Stock Market,” outlines his rather simple approach … simple once you understand the...