TECHNICAL ANALYSIS AND FINANCIAL ASSET FORECASTING: FROM SIMPLE TOOLS TO ADVANCED TECHNIQUES

Chan Raymond Hon Fu

ISBN 10: 9814436240 / ISBN 13: 9789814436243

Published by World Scientific Pub Co Inc, 2014

About this Item

Seller Inventory # I-9789814436243

Bibliographic Details

• Title: TECHNICAL ANALYSIS AND FINANCIAL ASSET FORECASTING: FROM SIMPLE TOOLS TO ADVANCED TECHNIQUES
• Publisher: World Scientific Pub Co Inc
• Publication Date: 2014
• Language: English
• ISBN 10: 9814436240
• ISBN 13: 9789814436243
• Binding: Hardcover
• Condition: New

About this title

Synopsis

Technical analysis is defined as the tracking and prediction of asset price movements using charts and graphs in combination with various mathematical and statistical methods. More precisely, it is the quantitative criteria used in predicting the relative strength of buying and selling forces within a market to determine what to buy, what to sell, and when to execute trades.

This book introduces simple technical analysis tools like moving averages and Bollinger bands, and also advanced techniques such as wavelets and empirical mode decomposition. It first discusses some traditional tools in technical analysis, such as trend, trend Line, trend channel, Gann's Theory, moving averages, and Bollinger bands. It then introduces a recent indicator developed for stock market and two recent techniques used in the technical analysis field: wavelets and the empirical mode decomposition in financial time series. The book also discusses the theory to test the performance of the indicators and introduces the MATLAB Financial Toolbox, some of the functions/codes of which are used in our numerical experiments.