{"title":"Visualizing profitability: A heatmap approach to evaluate Bitcoin futures trading using VMA trading rules.","authors":"Min-Yuh Day, Yensen Ni, Chinning Hsu, Paoyu Huang","doi":"10.1016/j.heliyon.2023.e21376","DOIUrl":null,"url":null,"abstract":"<p><p>Given that technical trading charts are publicly available on popular financial websites such as Bloomberg and MarketWatch, it stands to reason that the same technical trading approaches may be applied to cryptocurrency markets. One of these trading strategies is the variable length moving average (VMA), whose flexibility benefit has not been fully explored in prior research. To fill this gap, we evaluate Bitcoin futures using VMA trading rules and provide the results in a heatmap diagram. This approach allows investors to choose the most effective VMA rules, potentially leading to profits. Furthermore, our approach may shed new light on previously unexplored investment thinking and practices that have the potential to improve investment outcomes.</p>","PeriodicalId":12894,"journal":{"name":"Heliyon","volume":"9 11","pages":"e21376"},"PeriodicalIF":3.6000,"publicationDate":"2023-10-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10598531/pdf/","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Heliyon","FirstCategoryId":"103","ListUrlMain":"https://doi.org/10.1016/j.heliyon.2023.e21376","RegionNum":3,"RegionCategory":"综合性期刊","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"2023/11/1 0:00:00","PubModel":"eCollection","JCR":"Q1","JCRName":"MULTIDISCIPLINARY SCIENCES","Score":null,"Total":0}
引用次数: 0
Abstract
Given that technical trading charts are publicly available on popular financial websites such as Bloomberg and MarketWatch, it stands to reason that the same technical trading approaches may be applied to cryptocurrency markets. One of these trading strategies is the variable length moving average (VMA), whose flexibility benefit has not been fully explored in prior research. To fill this gap, we evaluate Bitcoin futures using VMA trading rules and provide the results in a heatmap diagram. This approach allows investors to choose the most effective VMA rules, potentially leading to profits. Furthermore, our approach may shed new light on previously unexplored investment thinking and practices that have the potential to improve investment outcomes.
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Heliyon is an all-science, open access journal that is part of the Cell Press family. Any paper reporting scientifically accurate and valuable research, which adheres to accepted ethical and scientific publishing standards, will be considered for publication. Our growing team of dedicated section editors, along with our in-house team, handle your paper and manage the publication process end-to-end, giving your research the editorial support it deserves.
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