RT Journal Article
SR Electronic
A1 Mastný, Václav
T1 Performance of technical indicators in forecasting high-frequency foreign exchange rates
JF Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis
YR 2015
VO 52
IS 3
SP 157
OP 166
DO 10.11118/actaun200452030157
UL https://acta.mendelu.cz/artkey/acu-200403-0015.php
AB This paper deals with technical analysis and its forecasting ability in the intradaily foreign exchange market. The objective of this study is to investigate whether technical indicators are able to provide prediction superior to "buy and hold" strategy. Each indicator is tested with series of parameters in time series of different frequency (5, 15, 30, 60 min). The profitability of each indicator is examined in simple trading modell.