Testing the effect of technical analysis on market quality and order book dynamics
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DOI: 10.1080/00036846.2018.1529404
Abstract: ABSTRACT We find empirical support for the theoretical finding in agent-based models of limit order book markets that the effect of technical trading on market quality is not positive. When signals occur, technical traders lower… read more here.
Keywords: market quality; order book; order; effect technical ... See more keywords