| Journal: | Latin American Journal of Development |
| Database: | CLASE |
| System number: | 000506699 |
| ISSN: | 2674-9297 |
| Authors: | Souza, Leandro Coelho de1 Ribeiro, Victor Silveria1 Suarez, Diego Frias1 |
| Institutions: | 1Universidade do Estado da Bahia, Departamento de Ciencias Exatas e da Terra, Salvador, Bahia. Brasil |
| Year: | 2021 |
| Season: | May-Jun |
| Volumen: | 3 |
| Number: | 3 |
| Pages: | 1688-1704 |
| Country: | Brasil |
| Language: | Inglés |
| Document type: | Artículo |
| Approach: | Analítico |
| English abstract | First, we describe the morphological characteristics of the most popular harmonic patterns, followed by a discrete parameterization that allows to assign an integer to each harmonic pattern. Finally, implementing a simple method, dependent on a parameter, for detecting peaks and values of price waves, we search for harmonic patterns in different currency regions, accounting for the frequency of occurrence of each of them. From the association of popular patterns with the corresponding number in the classification introduced, we conclude that only one of the popular patterns has a probability of occurrence beyond the trivial, at the same time that we identify the most frequent patterns in the studied assets |
| Disciplines: | Economía |
| Keyword: | Inversiones, Mercados de divisas (Forex), Series financieras, Patrones armónicos |
| Keyword: | Investments, Harmonic patterns, Financial series, Foreign Exchange Market (Forex) |
| Full text: | Texto completo (PDF) |
