Stock market trading rule based on pattern recognition and technical analysis: Forecasting the DJIA index with intraday data
This work provides empirical evidence which confronts the Efficient Market Hypothesis. This work introduces a new definition of the flag pattern. The results show that the trading rule can beat the market. The European market is more inefficient than the US market.
dax deutscher aktien index djia dow jones industrial index ftse the ftse 100 index var value at risk