Combination of Candlestick Pattern and Stochastic to Detect Trend Reversal in Forex Market

Noertjahyana, Agustinus and Abas, Zuraida Abal and Yuzzoh, Zeratul Izzah Mohd (2020) Combination of Candlestick Pattern and Stochastic to Detect Trend Reversal in Forex Market. [UNSPECIFIED]

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Abstract

A variety of ways traders do to determine the decision to buy/sell on the forex market. It bases one that is popular on candle patterns. Some strategies that use candle patterns include: pin bar, engulfing, and inside the bar. But the strategy used is still limited to determining buying/selling decisions. This research will use a combination of candle pattern strategies and stochastic moving average to determine the level of risk that exists in each buy/sell decision on the forex market. By using this combination, the results are good in Eur/USD pairs.

Item Type: UNSPECIFIED
Subjects: Q Science > QA Mathematics > QA76 Computer software
Divisions: Faculty of Industrial Technology > Informatics Engineering Department
Depositing User: Admin
Date Deposited: 14 Apr 2020 16:03
Last Modified: 20 Jun 2023 09:24
URI: https://repository.petra.ac.id/id/eprint/18706

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