Candlestick Forecasting for Investments
Applications, Models and Properties
Shouyang Wang author Haibin Xie author Kuikui Fan author
Format:Hardback
Publisher:Taylor & Francis Ltd
Published:12th Mar '21
Currently unavailable, and unfortunately no date known when it will be back
This hardback is available in another edition too:
- Paperback£39.99(9780367703394)
Candlestick charts are often used in speculative markets to describe and forecast asset price movements. This book is the first of its kind to investigate candlestick charts and their statistical properties. It provides an empirical evaluation of candlestick forecasting. The book proposes a novel technique to obtain the statistical properties of candlestick charts. The technique, which is known as the range decomposition technique, shows how security price is approximately logged into two ranges, i.e. technical range and Parkinson range.
Through decomposition-based modeling techniques and empirical datasets, the book investigates the power of, and establishes the statistical foundation of, candlestick forecasting.
ISBN: 9780367703370
Dimensions: unknown
Weight: 453g
132 pages