PT  - JOURNAL ARTICLE
AU  - Mastný, Václav
TI  - Performance of technical indicators in forecasting high-frequency foreign exchange rates
DP  - 2015 Jun 17
TA  - Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis
PG  - 157--166
VI  - 52
IP  - 3
AID - 10.11118/actaun200452030157
IS  - 12118516
AB  - This paper deals with technical analysis and its forecasting ability in the intradaily foreign exchange market. The objective of this study is to investigate whether technical indicators are able to provide prediction superior to "buy and hold" strategy. Each indicator is tested with series of parameters in time series of different frequency (5, 15, 30, 60 min). The profitability of each indicator is examined in simple trading modell.