Market Timing with Moving Averages

Part I Moving Averages

1 Why Moving Averages? 3

2 Basics of Moving Averages 11

3 Types of Moving Averages 23

Part II Trading Rules and Their Anatomy

4 Technical Trading Rules 55

5 Anatomy of Trading Rules 71

Part III Performance Testing Methodology

6 Transaction Costs and Returns to a Trading Strategy 105

7 Performance Measurement and Outperformance Tests 111

8 Testing Profitability of Technical Trading Rules 129