Download or read book The Stability of Moving Average Technical Trading Rules on the Dow Jones Index written by Blake LeBaron and published by . This book was released on 2000 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reafirms previous results that show a distinct change in performance of moving average trading rules on the Dow Jones Index over the past 10 years relative to the previous 90 years. The performance in forecasting conditional means has changed significantly. In contrast to this is the fact that technical rules continue to forecast conditional variances in a similar fashion to the previous 90 years. Several tests are performed to demonstrate the robustness of these results over alternative trading mechnasims. Finally, the results are discussed in the context of datasnooping versus structural changes in the Dow.
Download or read book Profits from Technical Trading Rules written by Mark Ready and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: I examine the predictability of daily returns for the Dow Jones Industrial Average by comparing the technical trading rules developed by Allen and Karjalainen (1999) with moving average rules studied by Brock, Lakonishok, and LeBaron (1992). I argue that this comparison lends support to the hypothesis that the apparent success (after transaction costs) of the Brock et al. (1992) moving average rules is a spurious result of data snooping. If it were reliable, investors would like to use technical analysis to improve their portfolio returns, and firms would like to use it to improve the timing of their security offerings. My results serve as a reminder that patterns in historical data, even though they appear very consistent, need not persist in the future.
Download or read book Computational Intelligence Techniques for Trading and Investment written by Christian Dunis and published by Routledge. This book was released on 2014-03-26 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: Computational intelligence, a sub-branch of artificial intelligence, is a field which draws on the natural world and adaptive mechanisms in order to study behaviour in changing complex environments. This book provides an interdisciplinary view of current technological advances and challenges concerning the application of computational intelligence techniques to financial time-series forecasting, trading and investment. The book is divided into five parts. The first part introduces the most important computational intelligence and financial trading concepts, while also presenting the most important methodologies from these different domains. The second part is devoted to the application of traditional computational intelligence techniques to the fields of financial forecasting and trading, and the third part explores the applications of artificial neural networks in these domains. The fourth part delves into novel evolutionary-based hybrid methodologies for trading and portfolio management, while the fifth part presents the applications of advanced computational intelligence modelling techniques in financial forecasting and trading. This volume will be useful for graduate and postgraduate students of finance, computational finance, financial engineering and computer science. Practitioners, traders and financial analysts will also benefit from this book.
Download or read book Market Timing with Moving Averages written by Valeriy Zakamulin and published by Springer. This book was released on 2017-11-17 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive guide to market timing using moving averages. Part I explores the foundations of market timing rules, presenting a methodology for examining how the value of a trading indicator is computed. Using this methodology the author then applies the computation of trading indicators to a variety of market timing rules to analyse the commonalities and differences between the rules. Part II goes on to present a comprehensive analysis of the empirical performance of trading rules based on moving averages.
Download or read book Do Moving Average Rules Make Profits A Study Using the Madrid Stock Market written by Laura Nuñez and published by . This book was released on 2007 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Previous studies have reported mixed results with regard to the success of technical trading rules.Studies that provide positive evidence are [Brock et al (1992), Karjalainen (1994), Bessembinder et al (1995),Mills (1997), and Fernandez et al (1999)]. Studies rejecting the utility of technical trading rules are [Hudson et al (1996) or Allen et al (1999)]. A recent body of work has applied evolutionary algorithms to the design of trading rules [see Karjalainen (1994), Allen et al (1999), Fernandez et al (2001) and Nuntilde;ez (2002 for genetic alhorithms models]. The basic approach of these studies is to choose trading rules based on an genetic optmisation procedure using in-sample-data and then testing the performance of there rules in out-of-the-sample data. This paper tests whether the most popular technical rule-the moving average- generates profits in the Madrid Stock Exchange by utilizing genetic algorithms to optimise the rule in the in-sample period (May 1990-May 1995)and applying it to the out-sample period (May 1995-May 1996) over 25 stocks and indexes. We report the lack of utility, even before transaction costs, of this popular technical rule.
Download or read book Candlestick Forecasting for Investments written by Haibin Xie and published by Routledge. This book was released on 2021-03-11 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt: Candlestick charts are often used in speculative markets to describe and forecast asset price movements. This book is the first of its kind to investigate candlestick charts and their statistical properties. It provides an empirical evaluation of candlestick forecasting. The book proposes a novel technique to obtain the statistical properties of candlestick charts. The technique, which is known as the range decomposition technique, shows how security price is approximately logged into two ranges, i.e. technical range and Parkinson range. Through decomposition-based modeling techniques and empirical datasets, the book investigates the power of, and establishes the statistical foundation of, candlestick forecasting.
Download or read book A New Technical Approach to Stock Market Timing written by Stanley S. C. Huang and published by . This book was released on 1973 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Moving Averages Simplified written by Clif Droke and published by Marketplace Books, Incorporated. This book was released on 2001 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: For years, application of Moving Averages has helped many market "wizards" make more profitable trades. Now, every trader can gain a broader understanding of this powerful tool and get down to basics with "Moving Averages Simplified." Use the expertise of noted trader Clif Droke to ease all uncertainties, answer all the questions and remove the mystery when applying Moving Averages to your own trading. Learn to trade with single or double moving averages as well as how to use them to identify price cycles and support & resistance levels. Benefit from this step-by-step guide that takes you through every aspect of moving averages - easily.Successful traders know that using Moving Averages can result in more profitable trades -if applied properly. But, what are Moving Averages? When -and how- should they be used? Now, noted trader Clif Droke takes the mystery out of Moving Averages by explaining them in detail, describing how they can be employed to zero in on buy/sell signals that result in more profitable trades- more often. Traders of every level will also discover how to: --Calculate moving averages -including the Simple, Variable, and Exponential --Use moving averages to identify price cycle bottoms --Identify support and resistance levels with moving averages --Spot trend changes with moving averages Supported by numerous examples and charts that help visualize time- tested tips and techniques -you'll soon solve the simple "mystery" behind this incredibly powerful investment tool.
Download or read book Using Technical Indicators to Time Major Stock Market Turns written by Glenn Kenge Matsumoto and published by . This book was released on 1963 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Simple Technical Trading Rule by Using Moving Average written by Sui-choi Mak (Billy) and published by . This book was released on 1995 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Oxford Handbook of Computational Economics and Finance written by Shu-Heng Chen and published by Oxford University Press. This book was released on 2018 with total page 785 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Oxford Handbook of Computational Economics and Finance provides a survey of both the foundations of and recent advances in the frontiers of analysis and action. It is both historically and interdisciplinarily rich and also tightly connected to the rise of digital society. It begins with the conventional view of computational economics, including recent algorithmic development in computing rational expectations, volatility, and general equilibrium. It then moves from traditional computing in economics and finance to recent developments in natural computing, including applications of nature-inspired intelligence, genetic programming, swarm intelligence, and fuzzy logic. Also examined are recent developments of network and agent-based computing in economics. How these approaches are applied is examined in chapters on such subjects as trading robots and automated markets. The last part deals with the epistemology of simulation in its trinity form with the integration of simulation, computation, and dynamics. Distinctive is the focus on natural computationalism and the examination of the implications of intelligent machines for the future of computational economics and finance. Not merely individual robots, but whole integrated systems are extending their "immigration" to the world of Homo sapiens, or symbiogenesis.
Download or read book The principles of technical analysis written by Jeffrey B. Little and published by . This book was released on 1977 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Stock Market Price Moving Averages written by Ross Cameron and published by Createspace Independent Publishing Platform. This book was released on 2015-11-30 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: Technical analysis has been around for decades and through the years, traders have seen the invention of hundreds of indicators. While some technical indicators are more popular than others, few have proved to be as objective, reliable and useful as the moving average. By identifying trends, moving averages allow traders to make those trends work in their favor and increase the number of winning trades. I hope that by reading this book you will have a clear understanding of why moving averages are important, how they are calculated and how you can incorporate them into your trading strategies.
Download or read book Genetic Algorithms in Applications written by Rustem Popa and published by BoD – Books on Demand. This book was released on 2012-03-21 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: Genetic Algorithms (GAs) are one of several techniques in the family of Evolutionary Algorithms - algorithms that search for solutions to optimization problems by "evolving" better and better solutions. Genetic Algorithms have been applied in science, engineering, business and social sciences. This book consists of 16 chapters organized into five sections. The first section deals with some applications in automatic control, the second section contains several applications in scheduling of resources, and the third section introduces some applications in electrical and electronics engineering. The next section illustrates some examples of character recognition and multi-criteria classification, and the last one deals with trading systems. These evolutionary techniques may be useful to engineers and scientists in various fields of specialization, who need some optimization techniques in their work and who may be using Genetic Algorithms in their applications for the first time. These applications may be useful to many other people who are getting familiar with the subject of Genetic Algorithms.
Download or read book Technical Analysis of Stock Trends written by Robert D. Edwards and published by CRC Press. This book was released on 2012-11-28 with total page 616 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sixty-three years. Sixty-three years and Technical Analysis of Stock Trends still towers over the discipline of technical analysis like a mighty redwood. Originally published in 1948 and now in its Tenth Edition, this book remains the original and most important work on this topic. The book contains more than dry chart patterns, it passes down accumulated experience and wisdom from Dow to Schabacker, to Edwards, and to Magee, and has been modernized by W.H.C. Bassetti. Bassetti, a client, friend, and student of John Magee, one of the original authors, has converted the material on the craft of manual charting with TEKNIPLAT chart paper to modern computer software methods. In actuality, none of Magee’s concepts have proven invalid and some of his work predated modern concepts such as beta and volatility. In addition, Magee described a trend-following procedure that is so simple and so elegant that Bassetti has adapted it to enable the general investor to use it to replace the cranky Dow Theory. This procedure, called the Basing Points procedure, is extensively described in the new Tenth Edition along with new material on powerful moving average systems and Leverage Space Portfolio Model generously contributed by the formidable analyst, Ralph Vince., author of Handbook of Portfolio Mathematics. See what’s new in the Tenth Edition: Chapters on replacing Dow Theory Update of Dow Theory Record Deletion of extraneous material on manual charting New chapters on Stops and Basing Points New material on moving average systems New material on Ralph Vince’s Leverage Space Portfolio Model So much has changed since the first edition, yet so much has remained the same. Everyone wants to know how to play the game. The foundational work of the discipline of technical analysis, this book gives you more than a technical formula for trading and investing, it gives you the knowledge and wisdom to craft long-term success.
Download or read book The Stock Market Teacher written by Joseph Ensign Granville and published by . This book was released on 1988 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Dow Jones Irwin Guide to Stock Market Cycles written by Michael Hayes (D.B.A.) and published by Irwin Professional Publishing. This book was released on 1977 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt:
