Eros Darvas Box Momentum by Zekis
The strategy traces its origins to 1956, when Nicolas Darvas turned a $10,000 investment into $2 million over an 18-month period using this theory
Short introduction: Darvas Box is based on momentum, the price will stay in the channel and when wil exit from the channel will be the trigger for shorts or longs
More about Darvas Box Theory
www.investopedia.com.../darvasboxtheory.asp
Rules are simple:
Enter Long when the price exits the channel through the topline
Exit Long when it enters in the channel
Enter Short when the price exits the channel through the bottom line
Exit Short when it enters in the channel
You need to set all values for your needs, according to what you trade
Alerts are enabled
Enjoy!
@Zekis
Short introduction: Darvas Box is based on momentum, the price will stay in the channel and when wil exit from the channel will be the trigger for shorts or longs
More about Darvas Box Theory
www.investopedia.com.../darvasboxtheory.asp
Rules are simple:
Enter Long when the price exits the channel through the topline
Exit Long when it enters in the channel
Enter Short when the price exits the channel through the bottom line
Exit Short when it enters in the channel
You need to set all values for your needs, according to what you trade
Alerts are enabled
Enjoy!
@Zekis