Strategies for negotiation based on Elliott's waves of theory for the stock market

Authors

  • Eduardo Jabbur Machado Centro Federal de Educação Tecnológica de Minas Gerais (CEFET-MG) https://orcid.org/0000-0003-2085-7098
  • Adriano César Machado Pereira Universidade Federal de Minas Gerais (UFMG)

DOI:

https://doi.org/10.5335/rbca.v14i2.12470

Keywords:

Data Characterization, Negotiation Strategies, Stock market, Stock Exchange, Technical Indicators

Abstract

They are subject to risks that can also result in great losses. This article proposes the implementation of a
methodological framework containing 3 steps: Data Extraction, Negotiation Strategies and Analysis of Results. During the simulations, quotation data was evaluated on 8 global indexes, for a period of 1,000, for the evaluation of 10 negotiation negotiation proposals based on the Elliott Wave Theory using the movements (Break and Correction) added technical indicators of price and volume trends. The graphs of the closing price series and a table containing the accumulated financial return in percentage (%) per trading strategy will be informed for each of the 8 indexes obtained. The results show how the use of technical indicators can reduce loss and maximize the triggers that generate profit.

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Published

2022-07-22

Issue

Section

Original Paper

How to Cite

[1]
2022. Strategies for negotiation based on Elliott’s waves of theory for the stock market. Brazilian Journal of Applied Computing. 14, 2 (Jul. 2022), 16–25. DOI:https://doi.org/10.5335/rbca.v14i2.12470.