<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>Financial markets are seen as one of the most important markets in economic terms. The activities of investors in the financial markets consist in predicting how best to invest the accumulated capital, using all kinds of analyzes and forecasts. In the literature on the subject, apart from fundamental analysis, technical analysis is distinguished. While the first one is to help you choose a specific asset with profitable potential, technical analysis is designed to help the investor find a specific moment that is most suitable for buying or selling. The aim of the article is to demonstrate the potential benefits associated with modifying the default settings of technical analysis indicators on the example of the EUR/USD currency pair using the MetaTrader4 investment platform. Analizing was carried out on the basis of the most popular currency pair in terms of turnover on the Forex market - EUR/USD. The research used an investment strategy based on Parabolic SAR and Relative Strength Index RSI technical analysis indicators, whose indications were verified both in the context of default settings and after the author‘s modification. The results of the conducted research indicate significant differences, depending on the adopted parameters of the above-mentioned indicators.</p>
</abstract>

Financial markets are seen as one of the most important markets in economic terms. The activities of investors in the financial markets consist in predicting how best to invest the accumulated capital, using all kinds of analyzes and forecasts. In the literature on the subject, apart from fundamental analysis, technical analysis is distinguished. While the first one is to help you choose a specific asset with profitable potential, technical analysis is designed to help the investor find a specific moment that is most suitable for buying or selling. The aim of the article is to demonstrate the potential benefits associated with modifying the default settings of technical analysis indicators on the example of the EUR/USD currency pair using the MetaTrader4 investment platform. Analizing was carried out on the basis of the most popular currency pair in terms of turnover on the Forex market - EUR/USD. The research used an investment strategy based on Parabolic SAR and Relative Strength Index RSI technical analysis indicators, whose indications were verified both in the context of default settings and after the author‘s modification. The results of the conducted research indicate significant differences, depending on the adopted parameters of the above-mentioned indicators.

Modification of technical analysis indicators and increasing the rate of return on investment

University of Warmia and Mazury in Olsztyn

Central European Economic Journal

This work is licensed under the Creative Commons Attribution 4.0 International License.

Financial markets are seen as one of the most important markets in economic terms. The activities of investors in the financial markets consist in predicting...

Modification of technical analysis indicators and increasing the rate of return on investment

Published Online: Jun 30, 2023

Page range: 148 - 162

DOI: https://doi.org/10.2478/ceej-2023-0009

Keywords
Currency exchange rate, Intraday Trading, OTC Market, Technical analysis

© 2023 Paweł Oktaba et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Modification of technical analysis indicators and increasing the rate of return on investment

Published Online: Jun 30, 2023

Page range: 148 - 162

DOI: https://doi.org/10.2478/ceej-2023-0009

KeywordsCurrency exchange rate, Intraday Trading, OTC Market, Technical analysis

© 2023 Paweł Oktaba et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Keywords
Currency exchange rate, Intraday Trading, OTC Market, Technical analysis