Darvas Box Gold Breakout EA

Darvas Box theory comes from Nicolas Darvas, a stock trader in the mid-20th century. The idea: price oscillates within a range — the box — and a breakout signals the start of a new trend.

Box Construction

The EA takes the highest high and lowest low over N periods, automatically plotting the box's upper and lower boundaries. Price breaking above the top triggers a long; breaking below the bottom triggers a short.

Filters

Box breakouts alone are prone to fakeouts, so two layers of filtering are applied:

• EMA trend direction: longs require price above the EMA, shorts the opposite
• Volume confirmation: the breakout candle's volume must exceed the recent average

Stop Loss & Take Profit

Fixed point values, set at order entry. Only one directional position is held at a time.

Chart Visualization

The EA draws box boundaries directly on your chart, so you can see exactly where the current box sits and how far price is from a breakout — no guesswork needed.