How profitable are FX technical trading rules?
نویسندگان
چکیده
منابع مشابه
Are Technical Trading Rules Profitable? Evidence for Head-and-Shoulder Rules1
The profitability of chartist trading rules on foreign exchange markets is still under debate. Since simple technical trading rules may not adequately capture the complex phenomenon of chartist trading, this paper focuses on the prominent head-and-shoulder pattern as a representative trading rule which incorporates various „technical“ ideas such as smoothed trends, trend reversal, resistance le...
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In this study, we focused on Tehran stock exchange market analysis based on applying moving average rules. The Tehran stock exchange in the Middle East has evolved into an exciting and growing marketplace where individual and institutional investor trade securities of over 420 companies. In an attempt to examine the ability to earn excess return by exploiting moving average rules, the average a...
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ژورنال
عنوان ژورنال: International Review of Financial Analysis
سال: 2016
ISSN: 1057-5219
DOI: 10.1016/j.irfa.2016.03.010