Method of developing a trading system based on technical analysis and ways to use information technologies for its implementation

Aksenov S. Y., Vyzhitovich A. M.

Technical analysis is the combination of big amount of approaches and methods for analyzing and predicting the movement of prices of financial instruments. In most cases, the movement of any financial instrument, can be divided into areas of consolidation and trends. Significant price change of assets occurs during trend periods, so it’s better to choose those methods of technical analysis that are able to predict the points of origin of the directional movement. At present time the joint applying of technical analysis and Information Technologies give a possibility to dramatically simplify the routine operations of analytics and investors. The article provides a brief overview of the methods of technical analysis and proposes a strategy for making transactions in the securities market based on them. Reviewed algorithms and methods based on modern Information Technologies, which allow to automate routine processes of a person performing actions on the securities market.

Keywords:Technical analysis, periods of consolidation, trend, support level, resistance level.