Technical analysis

Engineering

Aerospace engineering

Statistics

High-frequency trading

Alternative trading system

Computer security

Algorithmic trading

Cryptocurrency

Pairs trade

Variable (mathematics)

Range (aeronautics)

Economics

Computer science

Trading strategy

Business

Mathematics

Monetary economics

Econometrics

Mathematical analysis

Financial economics

Moving average

Finance research letters

We analyse various technical trading rules in the form of the moving average-oscillator and trading range break-out strategies to specifically test resistance and support levels and their trading performance using high-frequency Bitcoin returns. Overall, our results provide significant support for the moving average strategies. In particular, variable-length moving average rule performs the best with buy signals generating higher returns than sell signals.

The effectiveness of technical trading rules in cryptocurrency markets