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Synergistic Market Analysis, Technical Analysis, and Various Indicators

Synergistic Market Analysis, Technical Analysis, and Various Indicators
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Copyright: 2021
Pages: 24
Source title: Genetic Algorithms and Applications for Stock Trading Optimization
Source Author(s)/Editor(s): Vivek Kapoor (Devi Ahilya University, Indore, India)and Shubhamoy Dey (Indian Institute of Management, Indore, India)
DOI: 10.4018/978-1-7998-4105-0.ch010

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Abstract

Most of the stock and financial market analysis uses past or historic data in order to forecast the future market indices. This study of past or historic data in order to infer certain value addition from it is known as technical analysis. In this chapter, the authors study a large number of popular indicators. A trader uses these indicators individually or in combination with other indicators to make a trading rule. They test them on past data and choose particular parameters and indicators that gave more profit and drop those that are loss making in nature. Thus, the decision to make entry and exit is given by these technical indicators. This chapter gives a detailed explanation of the most popular technical indicators in use.

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