From: Examination of the profitability of technical analysis based on moving average strategies in BRICS
Countries | SMA vs SMA | EMA vs EMA | SMA vs EMA |
---|---|---|---|
Brazil. | 14.34% | 15.08% | 16.25% |
Russia. | 11.00% | 9.20% | 9.28% |
India. | 13.83% | 14.12% | 13.47% |
China. | 19.46% | 20.17% | 19.45% |
South Africa. | 9.79% | 11.81% | 12.64% |