Robot test to evaluate the supersignals of the technical analysis in the stock market

Abstract

The purpose of this study was to analyze the Supersignals of the Technical Analysis, seeking to elucidate the process of buying and selling assets. Through the analysis, the positive and negative aspects of the Supersignals use were investigated, since it is a little explored technique, because it is very recent. The research is carried out through a bibliographical review that retakes concepts such as Dow Theory, Efficient Market Hypothesis and Technical Analysis. In this direction, the present study is justified by its contribution to future research on the proposed theme, besides fomenting discussions in light of the studies of trading rules. We concluded that the Supersignals of the technical analysis can function efficiently, however, they do not represent a completely effective index if applied alone.

Keywords

• stock trading
• financial market
• automated trading
• supersignals
• technical analysis.