Commodity Channel Index: Evaluation of Trading Rule of Agricultural Commodities

Mansoor MAİTAH; Petr PROCHÁZKA; Michal CERMAK; Karel ŠRÉDL

Article Details

Commodity Channel Index: Evaluation of Trading Rule of Agricultural Commodities

Authors:

Mansoor MAİTAH | Petr PROCHÁZKA | Michal CERMAK | Karel ŠRÉDL

Publisher:

İlhan ÖZTÜRK

Journal:

International Journal of Economics and Financial Issues 2016 Vol.6 Issue 1, pp.176-178

Document Type:

Article

Publication Date:

2/2016

Document Language:

Turkish

Document ID (Org No.):

2000813340

Frequency:

Bimonthly

eISSN:

2146-4138

Abstract:

 

This paper is focused on evaluating the trading rule of indicator Commodity Channel Index, using selected agricultural commodities. The reason of testing is that this indicator is calculated with respect to fluctuation of commodity market – volatility. The recent issue of commodity markets examines trading under risk. The concept is in analyzing of predictive power of Commodity Channel Index. The main core of this paper is if the trading strategy under evaluating using technical analysis, respectively Commodity Channel Index, reaches positive profit. The returns of trading rule are measured using signals to buying or selling and comparison each of them. Authors of this paper created trading rule based on Commodity channel index and tested it on commodity markets. The results are positive in term of % CCI. Findings of the strategy are positive due to measurement volatility involved in indicator. The commodity markets are volatile, time series are fluctuating due to actual announcements or news.

Article Details

Commodity Channel Index: Evaluation of Trading Rule of Agricultural Commodities

Authors: Mansoor MAİTAH | Petr PROCHÁZKA | Michal CERMAK | Karel ŠRÉDL

Publisher: İlhan ÖZTÜRK

Journal: International Journal of Economics and Financial Issues 2016 Vol.6 Issue 1, pp.176-178

Document Type: Article

Publication Date: 2/2016

Document Language: Turkish

Document ID (Org No.): 2000813340

Frequency: Bimonthly

eISSN: 2146-4138

Issues

Authors:

Mansoor MAİTAH | Petr PROCHÁZKA | Michal CERMAK | Karel ŠRÉDL

Publisher:

İlhan ÖZTÜRK

Journal:

International Journal of Economics and Financial Issues 2016 Vol.6 Issue 1, pp.176-178

Document Type:

Article

Publication Date:

2/2016

Document Language:

Turkish

Document ID (Org No.):

2000813340

Frequency:

Bimonthly

eISSN:

2146-4138