Caporale, Guglielmo Maria; Gil-Alaña, Luis A.; … - 2014
anomaly giving rise to exploitable profit opportunities by replicating the actions of traders; (ii) a fractional integration … technique for the estimation of the (fractional) integration parameter d. The results suggest that trading strategies aimed at … they appear to be profitable in most cases in the FOREX. Further, the lowest orders of integration are generally found on …