Value diagnosis of application of moving average tecnical trading rules for intraday stock trading in Indonesia stock exchange

Deskripsi

The study brought in this paper analyzes the value of return generated from the employ of moving average technical trading rules for intraday stock trading in Indonesia Stock Exchange. In this paper, the author develops a value diagnosis approach under the application of bootstrap methodology to provide a result of general condition throughout time. The result under bootstrap methodology is that no single moving average rules tested (SMA[5], SMA[10], SMA[15], MA[5,50], MA[5,150], MA[5,200) provide a value greater than unconditional basic return for the series. This shown us that moving average rules do not really provide value for investors.Ada tabel