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Kolkova, Andrea
- Testing EMA Indicator for the Currency Pair EUR/USD
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1 College of Entrepreneurship and Law, Prague, CZ
1 College of Entrepreneurship and Law, Prague, CZ
Source
International Journal of Entrepreneurial Knowledge, Vol 5, No 1 (2017), Pagination: 35-40Abstract
The aim of this paper is to verify the effectiveness of EMA indicator according to selected time intervals. The underlying assumption is that, on longer timescales EMA is profitable and provides more relevant signals. The second objective of this paper is to test the signals of indicators in different months. It is believed that in September and January the number of trading signals on this indicator will increase. Testing will be done on the five-minute time frame. The test will be subjected to 65,000 rate values of the EUR / USD currency pair. Effectiveness of the analysis will be evaluated on the basis of digital (binary) option. Business strategy is based on EMA crossover indicator of current exchange rate. By the contribution there were confirmed hypotheses about more profitable signals when selecting a greater timeframe breadth of moving average. There was also confirmed an increased amount of signals in September, but not in January.Keywords
Digital Option, Technical Analysis, Forex, Exponencial Moving Average.Full Text
References
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- Binary Options as a Modern Fenomenon of Financial Business
Abstract Views :215 |
PDF Views:64
Authors
Source
International Journal of Entrepreneurial Knowledge, Vol 4, No 1 (2016), Pagination: 52-59Abstract
Binary options are a new instrument of the financial market. The aim of this paper is to analyze the use of binary options with trading and to illustrate this on the practical example of trades based on Bollinger bands indicator. Currency pair EUR/USD and 6912 time series values of this instrument will be put to analysis. The contribution will be evaluated 8 strategies based on Bollinger Bands. There will be used a backtesting method. From the results follows the most trades could have been realized with the use of Bollinger bands with a double deviation. This strategy, however, also showed the greatest percentage of failed trades. On the contrary the fewest transactions could have been carried out with Bollinger bands with a triple deviation and the MACD filter.Keywords
Binary Option, Bollinger Bands, Backtest, Forex.Full Text
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- Miyake, M, Inoue, H, Shi, J, & Shimokawa, T 2014, 'A Binary Option Pricing Based on Fuzziness', International Journal Of Information Technology & Decision Making, 13, 6, pp. 1211-1227, Business Source Premier, viewed 26. 4. 2016.
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- Zmeskal, Z. Generalized soft binomial American real option model (fuzzy–stochastic approach). European Journal of Operational Research, 207 (2010), pp. 1096–1103