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      A New Stock Trade Technical Indicator

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            Abstract

            This paper is focused on the new stock trade technical indicator that I developed to help indicate whether the stock is in an uptrend or downtrend. The new technical indicator is compared with the moving average convergence divergence (MACD) crossover and histogram to determine the accuracy of each technical indicator. The comparison shows that the new technical indicator had a higher accuracy percentage, as well as fewer losses, compared to the MACD crossover and histogram.

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            Author and article information

            Journal
            ScienceOpen Preprints
            ScienceOpen
            17 September 2021
            Affiliations
            [1 ] California Connections Academy
            Author notes
            Author information
            https://orcid.org/0000-0002-4844-567X
            Article
            10.14293/S2199-1006.1.SOR-.PPYQHIT.v1
            76b95220-f06b-4d56-b06d-bdcf38f906e5

            This work has been published open access under Creative Commons Attribution License CC BY 4.0 , which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. Conditions, terms of use and publishing policy can be found at www.scienceopen.com .

            History
            : 17 September 2021

            The datasets generated during and/or analysed during the current study are available from the corresponding author on reasonable request.
            Trading & Market microstructure

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