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This study examines the potential profit of bull flag technical trading rules using a template matching technique based on pattern recognition for the Nasdaq Composite Index (NASDAQ) and Taiwan Weighted Index (TWI). To minimize measurement error due to data snooping, this study performed a series of experiments to test the effectiveness of the proposed(More)
This study develops a new template grid – rounding top and saucer – to detect buy signals. Most of the previous studies utilize historical data to derive the template grid, but do not clearly explain how to format weight values of the template grid. This makes the template a ''black box " for users since it is difficult to infer the process of the template(More)
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