Publication: Technical Analysis for Cryptocurrency Trading on Mobile Phones
Issued Date
2019-01-22
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2-s2.0-85062612839
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Mahidol University
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SCOPUS
Bibliographic Citation
TIMES-iCON 2018 - 3rd Technology Innovation Management and Engineering Science International Conference. (2019)
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Sirapop Kamrat, Napasorn Suesangiamsakul, Rangsipan Marukatat Technical Analysis for Cryptocurrency Trading on Mobile Phones. TIMES-iCON 2018 - 3rd Technology Innovation Management and Engineering Science International Conference. (2019). doi:10.1109/TIMES-iCON.2018.8621823 Retrieved from: https://repository.li.mahidol.ac.th/handle/20.500.14594/50448
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Title
Technical Analysis for Cryptocurrency Trading on Mobile Phones
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Abstract
© 2018 IEEE. This research studies cryptocurrency trading with an emphasis on technical analysis. In particular, the classic Turtle Trading System is modified to suit cryptocurrency trading. Based on backtest results on main cryptocurrencies, the extended Turtle Trading System yielded 114.41 % average net profit margin and 52.75% average profitability, which were higher than those of the original system. The trading strategy was next implemented in a mobile application. The application prototype is also presented in the paper.