Ensuring Trading Strategies Profitability with Technical Analysis Tools and Computer Technology
George D. Abuselidze, Anna N. Slobodianyk, Nadiia P. Reznik
Abstract
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George D. Abuselidze, Anna N. Slobodianyk, Nadiia P. Reznik
Abstract
Open-access reader
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.
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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.
Key concepts: Technical analysis, Profitability index, Computer science, Asset (computer security), Process (computing), Simplicity, Stock market, Trading strategy