Darvas Box Theory

Darvas boxes are a fairly simple indicator created by drawing a line along lows and highs. As you update the highs and lows over time, you will see rising boxes or falling boxes. Darvas box theory suggests only trading rising boxes and using the highs of the boxes that are breached to update the stop-loss orders.

Source: https://www.investopedia.com/terms/d/darvasboxtheory.asp#:~:text=Darvas%20box%20theory%20is%20a%20technical%20tool%20that%20allows%20traders,period%20the%20trader%20is%20using.

Darvas Box Theory