Nicholas Darvas passed away in 1979. He is buried in Paris, France. In addition to writing three excellent books on investments/ trend following, he was an accomplished dancer/artist who had performed in nearly every major city in the world.
I used it as an indicator in Investor R/T. Perhaps it was not designed for intraday. Mybe it would work with Daily bars better? Michael B.
Yes, the script does not trade it just draws the boxes. Put TZOO and you start feeling like Darvas. You buy breakouts and put a stop loss order under the low of the box..
Excellent book and I agree with above - His discipline is to be admired --- the best part of the book is him walking around (Paris?) deciding not to sell a huge winner -- touching a card he had written in his pocket each time he had the urge to call his broker and sell. I read this book a few months ago as the steel stocks were running and was able to hold on quite a bit longer than normal having read the book (see chart with Darvas boxes). Does anyone have the .ela file for old SC4.0? I see the code - but have no powereditor. TIA
The only published interview Nicolas Darvas ever did: http://www.ind3x.com/articles/an_interview_with_nicoals_darvas_1975.html
From his book "You can still make it in the market" Under "About the author" : "Before his death in 1977,..." So he died in 1977 and not in 1979. There is another interview of Darvas in a Canadian film "La bourse ou la vie"; you can see a short excerpt here (the first guy speaking French is Nicolas Darvas) : http://www.nfb.ca/trouverunfilm/pla...00&url=http://cmm.onf.ca/extraits/e676_el.ram
on ind3x (whatever the site name was) is no longer there - the site was given up, and is now a placeholder. however, i found the interview (by mark crisp, 1974) here: http://www.bharatbhasha.com/home_business.php/35840 it's listed elsewhere on the web as "only interview, 1975". but it can't be the only interview, as there was a major article in time that he mentions in one of his later books, where they interviewed him...and i saw elsewhere that he gave an interview to the ny times in the 50s.