The effectiveness of technical trading rules in cryptocurrency markets

【Author】 Corbet, Shaen; Eraslan, Veysel; Lucey, Brian; Sensoy, Ahmet

【Source】FINANCE RESEARCH LETTERS

【影响因子】9.848

【Abstract】We analyse various technical trading rules in the form of the moving average-oscillator and trading range break-out strategies to specifically test resistance and support levels and their trading performance using high-frequency Bitcoin returns. Overall, our results provide significant support for the moving average strategies. In particular, variable-length moving average rule performs the best with buy signals generating higher returns than sell signals.

【Keywords】Bitcoin; Cryptocurrencies; Technical analysis; High frequency trading; Efficient market hypothesis

【发表时间】2019 DEC

【收录时间】2022-01-02

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