Prediction of price movement

The successful prediction of price movements in any field, coupled with an appropriate trading strategy, will result in substantial monetary rewards. Past data can provide important information about changes in investors’ sentiment. There are different indicators and candlestick technical analysi...

Full description

Saved in:
Bibliographic Details
Main Author: Kua, Wee Liang.
Other Authors: Foo Say Wei
Format: Final Year Project
Language:English
Published: 2011
Subjects:
Online Access:http://hdl.handle.net/10356/45874
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Nanyang Technological University
Language: English
id sg-ntu-dr.10356-45874
record_format dspace
spelling sg-ntu-dr.10356-458742023-07-07T16:23:55Z Prediction of price movement Kua, Wee Liang. Foo Say Wei School of Electrical and Electronic Engineering DRNTU::Engineering::Electrical and electronic engineering::Computer hardware, software and systems The successful prediction of price movements in any field, coupled with an appropriate trading strategy, will result in substantial monetary rewards. Past data can provide important information about changes in investors’ sentiment. There are different indicators and candlestick technical analysis to help with the prediction of price movement. The predictive power of candlestick patterns is studied in this report. Candlestick technical analysis is a short-term timing technique that involves the relationship between open, high, low and close prices. This final year report is to develop a trading system for Forex market using MetaTrader4 software as charting and analysis tool. The trading system will determine when to buy or sell. It has proven it’s consistency in most of the short term trading technique. The research studied a series of technical analysis skills, some trading system rules based on the basic stock indicators. A trading system is simply a set of rules that address every aspect of a trade. Just as there is a standard format for designing any business plan, there is a format for designing a trading plan: entry, exits and money management rules. A good trading system will not be dependent on a bull market for its success. It should have the potential to generate successful trading performance in all market conditions; uptrend and downtrend. Most of people will suffer psychological stress, not only in the bear market but bull market as well. The final aim of the trading system is to help people to trade, getting rid of mental psychological since it will definitely effect your estimation. In other word, the trading system in this project would be a very useful for a trader who wants to engage into the mechanical trading and get more profits from it. Bachelor of Engineering 2011-06-22T09:11:23Z 2011-06-22T09:11:23Z 2011 2011 Final Year Project (FYP) http://hdl.handle.net/10356/45874 en Nanyang Technological University 77 p. application/pdf
institution Nanyang Technological University
building NTU Library
continent Asia
country Singapore
Singapore
content_provider NTU Library
collection DR-NTU
language English
topic DRNTU::Engineering::Electrical and electronic engineering::Computer hardware, software and systems
spellingShingle DRNTU::Engineering::Electrical and electronic engineering::Computer hardware, software and systems
Kua, Wee Liang.
Prediction of price movement
description The successful prediction of price movements in any field, coupled with an appropriate trading strategy, will result in substantial monetary rewards. Past data can provide important information about changes in investors’ sentiment. There are different indicators and candlestick technical analysis to help with the prediction of price movement. The predictive power of candlestick patterns is studied in this report. Candlestick technical analysis is a short-term timing technique that involves the relationship between open, high, low and close prices. This final year report is to develop a trading system for Forex market using MetaTrader4 software as charting and analysis tool. The trading system will determine when to buy or sell. It has proven it’s consistency in most of the short term trading technique. The research studied a series of technical analysis skills, some trading system rules based on the basic stock indicators. A trading system is simply a set of rules that address every aspect of a trade. Just as there is a standard format for designing any business plan, there is a format for designing a trading plan: entry, exits and money management rules. A good trading system will not be dependent on a bull market for its success. It should have the potential to generate successful trading performance in all market conditions; uptrend and downtrend. Most of people will suffer psychological stress, not only in the bear market but bull market as well. The final aim of the trading system is to help people to trade, getting rid of mental psychological since it will definitely effect your estimation. In other word, the trading system in this project would be a very useful for a trader who wants to engage into the mechanical trading and get more profits from it.
author2 Foo Say Wei
author_facet Foo Say Wei
Kua, Wee Liang.
format Final Year Project
author Kua, Wee Liang.
author_sort Kua, Wee Liang.
title Prediction of price movement
title_short Prediction of price movement
title_full Prediction of price movement
title_fullStr Prediction of price movement
title_full_unstemmed Prediction of price movement
title_sort prediction of price movement
publishDate 2011
url http://hdl.handle.net/10356/45874
_version_ 1772826598950567936