National Repository of Grey Literature 1 records found  Search took 0.01 seconds. 
The success rate of candlestick patterns in technical analysis
Vašíček, Marek ; Veselá, Jitka (advisor) ; Fičura, Milan (referee)
This diploma thesis deals with the testing of the success of individual candlestick patterns of technical analysis. In the first part the theoretical basis of technical analysis and candlestick patterns will be presented. The second part will define basic candlestick patterns and their program definition. Backtesting on historical data will verify the success of individual candlestick patterns on EURUSD currency pair. In the third part, a trading system will be built based on the results of the testing of the candlestick patterns. An optimal setting of the trading system will be proposed. The aim of the thesis is to test success rate of candlestick patterns and find out if the candlestick pattern trading system is able to generate profits.

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