The Darvas box theory is based on the work of Nicolas Darvas, author of the book How I Made $2 Million in the Stock Market. This indicator uses his box theory to help visualize upward trends and find potential opportunities to buy or add to a position.
Darvas was a growth stock trader. After extensive study of historical stock movements, Darvas noted stocks “have a defined upward or downward trend which, once established, tended to continue. Within this trend stocks moved in a series of frames, or what I began to call boxes.“
Continue readingTradingView is my preferred tool for charting and technical analysis. They offer both free and paid versions. Check out the free trial!
Install the latest release of Darvas Box Theory - Tracking Uptrends indicator.