Economy – Quantitative Finance – Statistical Finance
Scientific paper
2008-02-07
IFTA Journal 11 (2011), 46-49
Economy
Quantitative Finance
Statistical Finance
10 pages, 3 figures. Published version
Scientific paper
We propose a new indicator for technical analysis. The indicator emphasizes
maximums and minimums in price series with inherent smoothing and has a
potential to be useful in both mechanical trading rules and chart pattern
analysis.
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