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What is Moving Average Strategies for NASDAQ about?
This document summarizes a study that tested moving average (MA) trading rules on the NASDAQ Composite Index from 1972 to 2015. The study found that several MA rules exhibited strong predictive power for the index. Specifically, an MA-100 day rule often generated abnormal profits, even after accounting for transaction costs and risk. The study developed two MA-100 strategies for different risk tolerances that outperformed a simple buy and hold strategy on the NASDAQ. In addition, relative strength index (RS
- Author
- Katlego Maluleka
- Language
- EN