Table 7 Comparison among five classical technical trading strategies
Technical trading strategy | Core Methods | Tecchnical tools/patterns |
|---|---|---|
Turtle Soup pattern (TradingstrategyGuides 2019) | 2-daybreakout of price | Chart trading patterns |
Nem (XEM)Â (TradingstrategyGuides 2019) | Price trends combined ROC & RSI | Rate of Change indictor (ROC) Relative strength index (RSI) |
Amazing Gann Box (TradingstrategyGuides 2019) | Predict exact points of rises and falls in Gann Box (catch explosive trends) | Candlestick, boxcharts with Fibonacci Retracement |
Busted Double Top Pattern (TradingstrategyGuides 2019) | Bearish reversal trading pattern that generates a sell signal | Price chart pattern |
Bottom Rotation Trading (TradingstrategyGuides 2019) | Pick the bottom before the reversal happens | Price chart pattern, box chart |