(3.238.7.202) 您好!臺灣時間:2021/02/26 16:10
字體大小: 字級放大   字級縮小   預設字形  
回查詢結果

詳目顯示:::

我願授權國圖
: 
twitterline
研究生:賈格賽漢
研究生(外文):Munkhbaatar Jargalsaikhan
論文名稱:比較技術指標之 MA、MACD 及 RSI 應用於外匯市場之操作績效
論文名稱(外文):Comparison the Trading Performance of Using the Technical Index of MA, MACD and RSI in the Foreign Exchange Market
指導教授:袁淑芳袁淑芳引用關係
指導教授(外文):Shu-Fang Yuan
口試委員:賴雨聖郭東昇
口試委員(外文):Yu-Sheng LaiDong-Sheng Guo
口試日期:2016-06-20
學位類別:碩士
校院名稱:南華大學
系所名稱:企業管理學系管理科學碩博士班
學門:商業及管理學門
學類:企業管理學類
論文種類:學術論文
論文出版年:2016
畢業學年度:104
語文別:英文
論文頁數:45
外文關鍵詞:Foreign Exchange (Forex)Technical AnalysisMoving Average Price IndexMACD
相關次數:
  • 被引用被引用:6
  • 點閱點閱:572
  • 評分評分:系統版面圖檔系統版面圖檔系統版面圖檔系統版面圖檔系統版面圖檔
  • 下載下載:177
  • 收藏至我的研究室書目清單書目收藏:0
  In this study , it compares the trading performances of using the moving average, Moving Average Convergence Divergence (MACD) and Relative Strength index (RSI) in the foreign exchange market. It aims to explore which technical analyses whose performance measured by the correct ratio and cumulative returns are dominant to others. The daily close exchange price of the forex market, which covers the period of Jun-2014 to Dec-2015, is employed to implement the empirical work. The result shows that moving average trading performance is more accurate than other methods.
ABSTRACT i
TABLE OF THE CONTENTS ii
LIST OF TABLES iii
LIST OF FIGURES iv

CHAPTER ONE INTRODUCTION 1
CHAPTER TWO LITERATURE REVIEW 5
2.1 Technical Analysis 5
2.2 Development of the Technical Analysis 7
2.3 Previous Study 8
CHAPTER THREE METHODOLOGY 11
3.1 Moving Average 11
3.2 Moving Average Convergence /Divergence 18
3.3 Relative Strength Index (RSI) 21
3.4 Trading Performance 23
CHAPTER FOUR EMPIRICAL RESULT 25
4.1 The Statistics for the Empirical Data 25
4.2 Trading Performance 26
CHAPTER FIVE CONCLUSION 40
5.1 Findings and Overall Conclusion 40
5.2 Limitation and Suggestion Further Research 42
REFERENCES 43
1. Appel, G. (1779), The Moving Average Convergence/Divergence Method, 40 Middle Neck Road, Great Neck, NY 11021. Signalert Corp, pp. 3-10.
2. Andrew, C. & Szakmary (1997), Central Bank Intervention and Trading Rule Profits in Foreign Exchange Markets, Journal of International Money and Finance, Vol .16, pp. 513-535.
3. Boxer, H. (2014), Profitable Day and Swing Trading: Using Price / Volume Surges and Pattern Recognition to Catch Big Moves in the Stock Market, Wiley Trading, John Wiley and Sons. Inc, pp. 79-80.
4. Chen, J. (2010), Essentials of Technical Analysis for Financial Markets, First Edition, John Wiley & Sons. Inc, pp.20-40.
5. Chong &Venus Khim-Sen Liew (2014), Revisiting the Performance of MACD and RSI Oscillators, Journal of Risk and Financial Management,Vol.7, No.1, pp. 12.
6. Detry, P. (2006), Other Evidences of the Predictive Power of Technical Analysis: the Moving Averages Rules on European Indexes, Journal of Finance, Vol.30, No.12, pp.2230-2280
7. Edwards, D & John Magee (2001), Technical Analysis of the Stock Trends, 8 Edition, RC Press LLC, pp.25-28.
8. Faber, B. (1994), The Relative Strength Index, Stocks & Commodities, Vol.12, No.9, pp. 381-384.
9. Fama E. F & Blume, M.E (1966), Filter Rules and Stock Market Trading The Journal of the Business, Vol. 39, No.1, pp. 226-241.
10. Garber, P. (1993), A Retrospective on the Bretton Woods System: The Collapse of the Bretton Woods Fixed Exchange Rate System, University of Chicago Press, pp.461 – 494. 44
11. Jack, S. (2008), Dow Theory for the 21st Century: Technical Indicators for Improving Your Investment Result, John Wiley & Sons. Inc, Hoboken, New Jersey, pp. 3-50.
12. Krass, P. (1999), The Book of Investing Wisdom: Classic Writings by Great Stock-Pickers and Legends of Wall Street, John Weley & Song. Inc, pp. 214.
13. Lee, C.I., Mathur. (1996), Trading Rule Profits in European Currency Spot Crossrates, Journal of Banking and Finance, pp. 949-962.
14. Lashkari. (2013), Technical Analysis of Forex by MACD Indicator,International Journal of Humanities and Management Sciences, Vol.1, No.2, pp. 159-165.
15. Meyers, T.A. (1993), The Technical Analysis Course: A Winning Program for Investors and Traders, Revised Edition, pp.25-30.
16. Myerson P.A. (2015), Supply Chain and Logistics Management Made Easy: Methods and Applications for Planning, Operations, Integration, Control and Improvement, and Network Design, Pearson Education Inc, pp. 43-50.
17. Murphy, J.J.(1999),Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications, New York Institute of Finance,pp1-25.
18. Murphy, J. J. (2000), Charting Made Easy, Marketplace Books, pp1-2.
19. Neely, C & Weller, P. (1997), Technical Analysis and Central Bank Intervention Journal of International Money and Finance.pp.2580-2612.
20. Nison, S.(2001), Japanese Candlestick Charting Techniques, Second Edition, New York, New York Institute of Finance,pp.2-30.
21. Nison,S.(1991),Japanese-Candlestick-Charting-Techniques:A Contemporary Guide to the Ancient Investment Techniques of the Far East, Second Edition, New York, New York Institute of Finance, pp.3-20. 45
22. Narayan, P.K Mishra, S. & Thuraisamy, K. (2015), Is Exchange Rate Trading Profitable?, Journal of the International Financial Markets. Institusion and Money, Vol.38, pp.217-229.
23. Pring, M.J. (2002), Technical Analysis Explained: The Successful Investor's Guide to Spotting Investment Trends and Turning Point, Fourth Edition, MsGraw-Hill, pp-303.
24. Pinakin, S.N. (2012), Comparison between MACD with EMA and Stochastic Oscillator, Global Research Analysis, Vol.2, No.12, pp. 2277 -8160.
25. Seyed Hadi & Mir Yazdi, Z.H.L. (2013), Technical Analysis of Forex by MACD Indicator, International Journal of Humanities and Management Sciences (IJHMS),Vol.1, No.2, pp. 2320-4044.
26. Schulmeister, S. (2008), Components of the Profitability of Technical Currency Trading, WIFO Working Papers, No. 263.
27. Westerho, F. (2003), Speculative Markets and the Effectiveness of Price limits, Journal of Economic Dynamics & Control, Vol.1, No. 28, pp. 493-508.
28. Welles, J.W. (1978), New Concepts in Technical Trading System, Trend Research, Investor Publishing. Inc, pp 63-71.
29. Waheed, A. (2013), Analysis of Moving Average Convergence Divergence (MACD) as a Tool of Equity Trading at the Karachi Stock Exchange, The Journal of Finance, Vol.20, No.12, pp.78-92.
QRCODE
 
 
 
 
 
                                                                                                                                                                                                                                                                                                                                                                                                               
第一頁 上一頁 下一頁 最後一頁 top
系統版面圖檔 系統版面圖檔