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Ensuring Trading Strategies Profitability with Technical Analysis Tools and Computer Technology

Authors :
Nadiia Reznik
George Abuselidze
Anna Slobodianyk
Source :
SHS Web of Conferences, Vol 71, p 04005 (2019)
Publication Year :
2019
Publisher :
EDP Sciences, 2019.

Abstract

The paper is devoted to the study of the tools of technical analysis using computer technology. It analyzes the current conditions and the essence of the stock market, the basis of its functioning. The advantages of technical analysis are presented including accessibility and relative simplicity of its use. It analyzes the main indicators of the world stock market development and modern constant signs and tendencies of the process. It is revealed that the improvement of the technical analysis and increase of the forecast accuracy is a complex process. The prospects for the effective use of technical analysis in trading strategies for promoting analysis by using historical data of price changes for the asset under study by using computer software are determined. Back testing calculations are presented making clear the fact that the financial result would be given by a trading strategy based on the historical profitability of the asset.

Details

ISSN :
22612424
Volume :
71
Database :
OpenAIRE
Journal :
SHS Web of Conferences
Accession number :
edsair.doi.dedup.....11283e4517c470f3d81c29153a292143
Full Text :
https://doi.org/10.1051/shsconf/20197104005