TITLE:
Absolute Adviser or Stochastic Model of Trade on the “Heavy Tails” of Distributions
AUTHORS:
Alexey M. Avdeenko
KEYWORDS:
Heavy Tails; Forex Market; Adviser
JOURNAL NAME:
Journal of Mathematical Finance,
Vol.3 No.2,
May
24,
2013
ABSTRACT: The algorithm of trade on the “heavy tails” of distributions of financial sequences is considered. Critical conditions and parameters for the implementation of win-win adviser are established. The algorithm subjected to the total testing the Forex market for the periods 1990-2012. The material is presented in the maximum available for non-mathematicians form.