Develop a mechanical stock trading system for Singapore stock market

This project is aimed to develop a fully mechanical trading system. Fully mechanical means that the decision to trade only comes from mathematical and statistical calculations. It does not involve any news, personal opinions or the company performance. Only when the trading is mechanical, then th...

Full description

Bibliographic Details
Main Author: Seah, Kok Kwang.
Other Authors: Wong Jia Yiing, Patricia
Format: Final Year Project (FYP)
Language:English
Published: 2010
Subjects:
Online Access:http://hdl.handle.net/10356/40554
_version_ 1811691788407144448
author Seah, Kok Kwang.
author2 Wong Jia Yiing, Patricia
author_facet Wong Jia Yiing, Patricia
Seah, Kok Kwang.
author_sort Seah, Kok Kwang.
collection NTU
description This project is aimed to develop a fully mechanical trading system. Fully mechanical means that the decision to trade only comes from mathematical and statistical calculations. It does not involve any news, personal opinions or the company performance. Only when the trading is mechanical, then the trader will be relieved from the adverse psychological stress while investing their hard earned money. The research is studied in a way that using technical analysis, it is possible to create mechanical trading system that is profitable and easy to use. This project also make good use of the trading software, “Metastock”, to implement the trading analogy into practice. It includes the programming and testing of the trading methodologies, and also scanning through the market for stocks that matches the trading methodologies. I have experiment some trading methodologies and along the way, I have faced difficulties and failure. But after reviewing the failed trading systems, then I could finally create the final mechanical trading systems. We could never predict how the stock market is going to move in which direction. But I have achieved the objective of using technical analysis which to obtain large gains from successful trades which exceed small losses from losing trades. This final system is back tested and has a very low risk assessment result by the “Metastock” software. I have created it in such a way that it is very easy to use. The Metastock would need to be installed with my program files and with the help of a daily check list and an ETET table. Wealth accumulation can be achieved through trading with my mechanical trading system. The trading process would only take about 30 minutes for every trading day.
first_indexed 2024-10-01T06:25:27Z
format Final Year Project (FYP)
id ntu-10356/40554
institution Nanyang Technological University
language English
last_indexed 2024-10-01T06:25:27Z
publishDate 2010
record_format dspace
spelling ntu-10356/405542023-07-07T16:38:05Z Develop a mechanical stock trading system for Singapore stock market Seah, Kok Kwang. Wong Jia Yiing, Patricia School of Electrical and Electronic Engineering DRNTU::Engineering This project is aimed to develop a fully mechanical trading system. Fully mechanical means that the decision to trade only comes from mathematical and statistical calculations. It does not involve any news, personal opinions or the company performance. Only when the trading is mechanical, then the trader will be relieved from the adverse psychological stress while investing their hard earned money. The research is studied in a way that using technical analysis, it is possible to create mechanical trading system that is profitable and easy to use. This project also make good use of the trading software, “Metastock”, to implement the trading analogy into practice. It includes the programming and testing of the trading methodologies, and also scanning through the market for stocks that matches the trading methodologies. I have experiment some trading methodologies and along the way, I have faced difficulties and failure. But after reviewing the failed trading systems, then I could finally create the final mechanical trading systems. We could never predict how the stock market is going to move in which direction. But I have achieved the objective of using technical analysis which to obtain large gains from successful trades which exceed small losses from losing trades. This final system is back tested and has a very low risk assessment result by the “Metastock” software. I have created it in such a way that it is very easy to use. The Metastock would need to be installed with my program files and with the help of a daily check list and an ETET table. Wealth accumulation can be achieved through trading with my mechanical trading system. The trading process would only take about 30 minutes for every trading day. Bachelor of Engineering 2010-06-16T07:14:01Z 2010-06-16T07:14:01Z 2010 2010 Final Year Project (FYP) http://hdl.handle.net/10356/40554 en Nanyang Technological University 103 p. application/pdf
spellingShingle DRNTU::Engineering
Seah, Kok Kwang.
Develop a mechanical stock trading system for Singapore stock market
title Develop a mechanical stock trading system for Singapore stock market
title_full Develop a mechanical stock trading system for Singapore stock market
title_fullStr Develop a mechanical stock trading system for Singapore stock market
title_full_unstemmed Develop a mechanical stock trading system for Singapore stock market
title_short Develop a mechanical stock trading system for Singapore stock market
title_sort develop a mechanical stock trading system for singapore stock market
topic DRNTU::Engineering
url http://hdl.handle.net/10356/40554
work_keys_str_mv AT seahkokkwang developamechanicalstocktradingsystemforsingaporestockmarket