10.1 Technical Analysis (TA) using R

Introduction to TA

“Technical Analysis is the science of recording, usually in graphic form, the actual history of trading (price changes, volume of transactions, etc.) in a certain stock or in the averages and then deducing from that pictured history the probable future trend”(Edwards and Magee (1966))

TA is considered as one of the first Data Science techniques in Finance

References

Edwards, Robert D, and John Magee. 1966. “Technical Analysis.” Stock Trenh.