OPTIMIZATION OF INDICATORS USED IN MAJOR PAIRS AND INDICES IN FOREKS MARKETS

With the developing technology and its widespread use, foreks markets have taken their place in the financial world both as a hedging instrument in international trade and as a means of generating income in the leveraged market. The market where instruments such as stocks, currency pairs, indices and commodities are traded ha a high transaction volume. Indicators, which are the sources used to make investment decisions, are indispensable for technical analysis.In this study, MACD, RSI, CCI, STOCHASTIC, MA, MOM, TILLSON, PSAR, MOST, OTT, which are among the most used indicators in the world, were used. Difference between standard values and optimized values on EURUSD, XAUUSD, NDX were compared. The performances of the research technical analysis indicators were completed using the data between Dec 01.01.2021 and Dec 01.01.2024 in the foreks markets. The data of 781 days/bar in EURO/USD parity, 776 days/bar in XAUUSD commodity and 754 days/bar in NDX index were used in the research.According to the research results, the yield curves of the optimized values of the indicators examined are higher than the yield curves obtained with standard values. Accordingly, it is possible to say that optimizing the indicators in the examined instruments creates the opportunity to obtain higher returns.

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DergiPark (Istanbul University)
Published
2024-08-15
Primary Topic
Market Dynamics and Volatility
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article

OPTIMIZATION OF INDICATORS USED IN MAJOR PAIRS AND INDICES IN FOREKS MARKETS

Hasan Alaylı
DergiPark (Istanbul University)
Market Dynamics and Volatility
article

OPTIMIZATION OF INDICATORS USED IN MAJOR PAIRS AND INDICES IN FOREKS MARKETS

Hasan Alaylı
article en

Abstract

With the developing technology and its widespread use, foreks markets have taken their place in the financial world both as a hedging instrument in international trade and as a means of generating income in the leveraged market. The market where instruments such as stocks, currency pairs, indices and commodities are traded ha a high transaction volume. Indicators, which are the sources used to make investment decisions, are indispensable for technical analysis.In this study, MACD, RSI, CCI, STOCHASTIC, MA, MOM, TILLSON, PSAR, MOST, OTT, which are among the most used indicators in the world, were used. Difference between standard values and optimized values on EURUSD, XAUUSD, NDX were compared. The performances of the research technical analysis indicators were completed using the data between Dec 01.01.2021 and Dec 01.01.2024 in the foreks markets. The data of 781 days/bar in EURO/USD parity, 776 days/bar in XAUUSD commodity and 754 days/bar in NDX index were used in the research.According to the research results, the yield curves of the optimized values of the indicators examined are higher than the yield curves obtained with standard values. Accordingly, it is possible to say that optimizing the indicators in the examined instruments creates the opportunity to obtain higher returns.

DergiPark (Istanbul University)
Çanakkale Onsekiz Mart Üniversitesi (TR)
Openalex Percentile: Top 70%
Market Dynamics and Volatility
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OPTIMIZATION OF INDICATORS USED IN MAJOR PAIRS AND INDICES IN FOREKS MARKETS — Hasan Alaylı · DergiPark (Istanbul University) (2024) | TGRS Research Map | TGRS