The Profitability of Technical Trading Rules in Us Futures Markets: A Data Snooping Free Test

The Profitability of Technical Trading Rules in US Futures Markets: A Data Snooping Free Test Cheol-Ho Park University of Illinois at Urbana-Champaign

Numerous empirical studies investigate the profitability of technical trading rules in a wide variety of markets and many find positive profits. Despite positive evidence about profitability and improvements in testing procedures, skepticism about technical trading profits remains widespread among academics mainly due to data snooping problems. This study mitigates data snooping problems by con...

A Reality Check on Technical Trading Rule Profits in US Futures Markets

Profitability of Iranian Stock Market Based on Technical Analysis Trading Rules

In this study, we focused on Tehran stock exchange market analysis based on applying moving average rules. The Tehran stock exchange in the Middle East has evolved into an exciting and growing marketplace where individual and institutional investor trade securities of over 420 companies. In an attempt to examine the ability to earn excess return by exploiting moving average rules, the average a...

Data - Snooping , Technical Trading Rule Performance , and the Bootstrap

Numerous studies in the finance literature have investigated technical analysis to determine its validity as an investment tool. Several of these studies conclude that technical analysis does have merit, however, it is noted that the effects of data-snooping are not fully accounted for. In this paper we utilize White’s Reality Check bootstrap methodology (White (1997)) to evaluate simple techni...

evaluating for profitability of technical trading rules in tehran stock exchange - a bootstrap approach

0