%0 Journal Article
%T Simulaci¨®n basada en agentes de software para la evaluaci¨®n de indicadores t¨¦cnicos
%A Escobar
%A Alejandro
%A Moreno
%A Juli¨¢n
%A M¨²nera
%A Sebasti¨¢n
%J Revista Facultad de Ingenier¨ªa Universidad de Antioquia
%D 2011
%I Scientific Electronic Library Online
%X considering the inconvenients that the assessment of technical indicators may handle in a real stock market, an agent based simulation model is presented in this document as an alternative where two micro aspects are considered for this kind of systems: agents' decision making mechanisms and the continuous double auction protocol through which transactions are made. in particular, the following indicators are analyzed in an empirical way: simple, double and triple weighted moving averages; momentum, roc, macd and rsi throughout a series of simulations for 280 agents adding also external factors that may affect prices by using a brownian motion model.
%K simulation
%K software agents
%K technical analysis
%K continuous double auction.
%U http://www.scielo.org.co/scielo.php?script=sci_abstract&pid=S0120-62302011000200013&lng=en&nrm=iso&tlng=en