Success Rate of Technical Indicators. Comparison of Technical indicators

      Аннотация: This book takes a comprehensive look at the performance of Japanese Candlestick and Relative strength index forecasting returns. This book is aims at carrying out variation of two Technical indicator methods, especially selected commodity as ‘Crude Oil’ and to assist investment decisions on crude oil in the Global Commodity Market. The main intention of analysis is to generate optimum returns by the shareholder, to decide when to enter and exit in the commodity trading.. It helps to understanding the intrinsic value of commodity and knowing whether the commodities are undervalued or overvalued. Technical analysts believe that the historical performances of Commodities markets are indications of future performance. Majorly we have chosen some basic technical indicators offered at commodity market and others.Finally, results drawn Japanese Candlestick does provide predictive information in both in-sample and Out-of-sample also there is significant information dispersed from the global commodity market to the other derivative markets.Theoretical knowledge framework added to the contingency strategy that gives key to good results and positive trading, which is again proved here.

Ключевые слова: success rate, Theoretical Framework, Global commodity market, Predictive information