Darvas Boxes


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  • CharterJoe
  • 30-Oct-2009 at 10:01 PM
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I have always loved Darvas boxes ( if you don't know what they are google it) They work like a charm if the market is trending. Some simple rules I am looking for on a Darvas Boxes is....

1) Trade a break in the direction of the 30 min trend, interpreted via a 10 period EMA.
2) Don't take the first down break if the previous box was a bullish break, and visa versa.
3) Stops are placed at the other end of the box, and moved as the box falls rises or falls.

There are IMHO better than SAR's at placing stops.


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  • rainman99
  • 7-Nov-2009 at 6:20 PM
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Gracias Joe.
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  • CharterJoe
  • 9-Nov-2009 at 5:01 PM
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+9.00 today first day of week.
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  • rainman99
  • 9-Nov-2009 at 5:30 PM
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Great start to the week. Did you trade it today?
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  • rainman99
  • 9-Nov-2009 at 5:42 PM
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Joe, Looking at your chart it looks like on the first trade of the day you would have been stopped out at 1075.75 around 9:50. How did you know to stay with the trade? Thanks again for taking your time to answer questions.
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  • CharterJoe
  • 9-Nov-2009 at 5:53 PM
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Rainman99,

I took the last 2 trades my wife and I had our first Dr vist today, we saw our baby for the first time, looks like a jelly bean LOL. I didn't see that Stop thx for keeping it real. I'll get it fixed
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  • rainman99
  • 9-Nov-2009 at 6:15 PM
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Congrats on the baby! And no worries on that first trade, Im just trying to learn so I want to make sure Im not missing anything, thanks again
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  • rainman99
  • 9-Nov-2009 at 6:19 PM
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I also noticed today that if you keep your stop one box behind you would have cought the whole up move today with no stop outs. I wonder if you would get chopped to death if its not a trend day like today.
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  • CharterJoe
  • 9-Nov-2009 at 6:20 PM
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I have been doing well in FX land with it. 1hr-5min instead of 15min-1min
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  • CharterJoe
  • 9-Nov-2009 at 6:23 PM
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quote:
Originally posted by rainman99

I also noticed today that if you keep your stop one box behind you would have cought the whole up move today with no stop outs. I wonder if you would get chopped to death if its not a trend day like today.



I am sure I'll find out tommorrow. I have been keeping an eye on the 5min as well of late.
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  • blue
  • 10-Nov-2009 at 4:34 PM
  • Rep: 751
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quote:
Originally posted by CharterJoe

I have been doing well in FX land with it. 1hr-5min instead of 15min-1min


Hi CJ,

1. do you trade FX with 1hr-5min because it trends better?

tks
  • 0
  • silverfox
  • 16-Aug-2013 at 11:37 PM
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  • Posts: 1
Joe: are you still using Darvas Boxes? There is a draw tool on Ninja Trader.
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