Candlestick Charts for the trading strategyof Taiwan's Stock Market

碩士 === 東吳大學 === 資訊管理學系 === 101 === Technical analysis believes that history will continue to repeat. We can use chart sand other quantitative indicators to analyze the trend of the future. This research uses 6 two-day candlestick combinations. First we calculate the candle occurrences. Then changes...

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Bibliographic Details
Main Authors: Hsueh-Chen Juang, 莊學成
Other Authors: Tsong-Wuu Lin
Format: Others
Language:zh-TW
Published: 2013
Online Access:http://ndltd.ncl.edu.tw/handle/99115891102796689622
Description
Summary:碩士 === 東吳大學 === 資訊管理學系 === 101 === Technical analysis believes that history will continue to repeat. We can use chart sand other quantitative indicators to analyze the trend of the future. This research uses 6 two-day candlestick combinations. First we calculate the candle occurrences. Then changes of stock trend for candle patterns are observed. When stock prices falls continuously, if bullish candle pattern is appeared the buy long. When stock prices raises continuously, if bearish candle pattern is appeared then sell short. For the strategies, we count their winning and profitability for Taiwan 50 index during the experiment period 03~12.During the experiment, it is divided two parts03~08and09~12. It is observed whether these strategies are valid under different market booms. Finally, relaxation or restriction of the return time is provided. For these adjustments, more reference information could be obtained in different market conditions to cope with the rapid changes in the investment market.