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This thesis implements the Elliott Wave Principle which is a well-known financial technical analysis method in commodity and stock markets. Today, thisprinciple is one of the most widely adopted methods for market analysis in theworld. The Wave Principle is a detailed description of how groups of people behave.It reveals that mass psychology swings from pessimism to optimism and back ina natural sequence, creating specific and measurable patterns. One of the easiest places to see this phenomenon at work is in the financialmarkets, where changing investor psychology is recorded in the form of pricemovements. The idea is that if we can identify repeating patterns of prices, andfigure out where we currently are in those repeating patterns, then we can predict the future trend. There are two major parts of work in this research. First, we utilize computer-aided technology and computer algorithm to recognize patterns based onElliott Wave Principle. Marking corresponding wave number and degree on eachwave.Second, a prediction for financial market trends in the future is availablebased on current patterns.
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