Trading Bitcoin with Price Actions

Bc. Kryštof Míšek

Diplomová práce

Anotace:

Master thesis „Trading Bitcoin with Price Actions“ was about Bitcoin and creating the trading strategy for this currency. My thesis in theoretical part aims at the role and evolution of the Bitcoin in the worldwide currency system and view of the Austrian economy school on the central banking system. In the theoretical part, a literary search is created, which is processed on the basis of foreign academic literature. The practical part aims on the development of a profitable trading strategy for Bitcoin with using the Price Actions technical indicator. In the practical part, a unique profitable trading system is created using the method of backtest and Demo trading on real data about Bitcoin. This strategy made a profit and, despite its high risk, proved to be suitable for trading Bitcoin.

Abstract:

Master thesis „Trading Bitcoin with Price Actions“ was about Bitcoin and creating the trading strategy for this currency. My thesis in theoretical part aims at the role and evolution of the Bitcoin in the worldwide currency system and view of the Austrian economy school on the central banking system. In the theoretical part, a literary search is created, which is processed on the basis of foreign academic literature. The practical part aims on the development of a profitable trading strategy for Bitcoin with using the Price Actions technical indicator. In the practical part, a unique profitable trading system is created using the method of backtest and Demo trading on real data about Bitcoin. This strategy made a profit and, despite its high risk, proved to be suitable for trading Bitcoin.

Keywords

MACD, Bitcoin, trading, technical analysis, price actions, indicator, strategy.

Jazyk práce: angličtina

Datum vytvoření / odevzdání či podání práce: 14. 6. 2021

Obhajoba závěrečné práce

• Obhajoba proběhla 24. 6. 2021
• Vedoucí: Ing. Mgr. Dominik Stroukal, Ph.D.
• Oponent: Mgr. Ing. Pavol Minárik, Ph.D.

CEVRO Institut

Magisterský studijní program / obor:
Philosophy, Politics, Economics / Philosophy, Politics, Economics