Chong, Terence Tai Leung; Poon, Ka-Ho - Volkswirtschaftliche Fakultät, … - 2014
Savin et al. (2007) and Lo et al. (2000) analyse the predictive power of head-and-shoulders (HS) patterns in the U.S. stock market. The algorithms in both studies ignore the relative position of the HS pattern in a price trend. In this paper, a filter that removes invalid HS patterns is...