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https://ah.lib.nccu.edu.tw/handle/140.119/61660
題名: | Profitable Candlestick Trading Strategies-The Evidence from a New Perspective | 作者: | 許永明 Lu, Tsung-Hsun ; Shiu, Yung-Ming ; Liu, Tsung-Chi |
貢獻者: | 風管系 | 關鍵詞: | Technical analysis; Candlestick reversal patterns; Bootstrapping | 日期: | 2012 | 上傳時間: | 12-十一月-2013 | 摘要: | This paper aims to investigate the profitability of two-day candlestick patterns by buying on bullish (bearish) patterns and holding until bearish (bullish) patterns occur. Our data set includes daily opening, high, low, and closing prices of component stocks in the Taiwan Top 50 Tracker Fund for the period from 29 October 2002 through 31 December 2008. We examine three bullish reversal patterns and three bearish reversal patterns. We find that three bullish reversal patterns are profitable in the Taiwan stock market. For robustness checks, we evaluate the applicability of our results to diverse market conditions, conduct an out-of-sample test and employ a bootstrap methodology. | 關聯: | Review of Financial Economics, 21(2) , 63-68 | 資料類型: | article | DOI: | http://dx.doi.org/http://dx.doi.org/10.1016/j.rfe.2012.02.001 |
Appears in Collections: | 期刊論文 |
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