An Empirical Study on the Performance of the “Head-and-Shoulders” Technical Strategy
Abstract: The performance of technical analysis has long been a controversial topic between the practitioners and academics. In order to examine the performance of one of the most popular technical trading rules, the head-and-shoulders strategy, the study uses hourly historical data over the period...
| Main Author: | |
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2014
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| Online Access: | https://eprints.nottingham.ac.uk/27537/ |
| _version_ | 1848793390048608256 |
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| author | Lan, Xin |
| author_facet | Lan, Xin |
| author_sort | Lan, Xin |
| building | Nottingham Research Data Repository |
| collection | Online Access |
| description | Abstract: The performance of technical analysis has long been a controversial topic between the practitioners and academics. In order to examine the performance of one of the most popular technical trading rules, the head-and-shoulders strategy, the study uses hourly historical data over the period of 01/06/2004-01/06/2014 on six currency pairs in foreign exchange market. Returns and profits were compared with buy-and-hold strategy and the results suggested that the head-and-shoulders strategy unperformed the buy-and-hold strategy. |
| first_indexed | 2025-11-14T18:59:32Z |
| format | Dissertation (University of Nottingham only) |
| id | nottingham-27537 |
| institution | University of Nottingham Malaysia Campus |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T18:59:32Z |
| publishDate | 2014 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | nottingham-275372017-10-19T14:01:53Z https://eprints.nottingham.ac.uk/27537/ An Empirical Study on the Performance of the “Head-and-Shoulders” Technical Strategy Lan, Xin Abstract: The performance of technical analysis has long been a controversial topic between the practitioners and academics. In order to examine the performance of one of the most popular technical trading rules, the head-and-shoulders strategy, the study uses hourly historical data over the period of 01/06/2004-01/06/2014 on six currency pairs in foreign exchange market. Returns and profits were compared with buy-and-hold strategy and the results suggested that the head-and-shoulders strategy unperformed the buy-and-hold strategy. 2014-09-25 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/27537/1/Dissertation.pdf Lan, Xin (2014) An Empirical Study on the Performance of the “Head-and-Shoulders” Technical Strategy. [Dissertation (University of Nottingham only)] (Unpublished) |
| spellingShingle | Lan, Xin An Empirical Study on the Performance of the “Head-and-Shoulders” Technical Strategy |
| title | An Empirical Study on the Performance of the “Head-and-Shoulders” Technical Strategy |
| title_full | An Empirical Study on the Performance of the “Head-and-Shoulders” Technical Strategy |
| title_fullStr | An Empirical Study on the Performance of the “Head-and-Shoulders” Technical Strategy |
| title_full_unstemmed | An Empirical Study on the Performance of the “Head-and-Shoulders” Technical Strategy |
| title_short | An Empirical Study on the Performance of the “Head-and-Shoulders” Technical Strategy |
| title_sort | empirical study on the performance of the “head-and-shoulders” technical strategy |
| url | https://eprints.nottingham.ac.uk/27537/ |