Choosing Daily Technical Indicators for Equity Strategies
Summary
The question asks how to select stock indicators that update daily when portfolio optimization uses adjusted daily closing prices. It contrasts price-based measures, which can change each trading day, with accounting ratios that generally update when companies release financial statements. The central issue is aligning indicator update frequency with the data and decisions in a strategy.
The responses offer pointers to a technical-indicator reference and a research-strategy database, and one respondent names RSI and moving averages as personal favorites. They do not provide academic evidence, a selection method, or tests showing which indicators are effective. The document therefore raises a useful feature-timing question but leaves it unanswered: indicator frequency alone does not establish predictive value, and the suggestions should not be treated as validated recommendations.
Key ideas
- Daily price-based indicators can update at a different frequency from financial statement ratios.
- The question focuses on matching indicator timing to daily price data used in portfolio optimization.
- The responses mention RSI and moving averages but provide no supporting performance evidence.
- The document does not resolve how to select indicators or establish that any candidate predicts returns.
Tags
Full text
# Is there any good research on daily technical indicators? # Is there any good research on daily technical indicators? ### Question - In short, I am looking for any academic research that deals with 'selection of features that changes on a daily basis' - In other words, academic researches studying 'which technical indicators that changes on a daily basis should be considered when investing in stocks.' An example can be PER(price earning ratio) since it changes every day. ### Question in more detail - I am using 'adjusted daily closing price' for my portfolio optimization and since adj. daily closing prices changes daily, I want my technical indicators to change daily as well. - However, some financial ratios such as 'Price to book ratio' and 'Days sales of inventory' changes at least quarterly, when the financial statements come out. - As such, I am looking for academic researches dealing with which technical indicators that changes daily should be considered and which of them may not be considered while investing in stocks. ## Answer by Vitomir (score 1, accepted) https://quant.stackexchange.com/a/45971 http://wallstreetcourier.com/v/data_download/The_E-Book_of_Technical_Market_Indicators.pdf check this out. I personally like RSI + Moving averages ## Answer by radvan (score 0) https://quant.stackexchange.com/a/45970 I can point you to Quantpedia - The Encyclopedia of Quantitative Trading Strategies - it's a database of ideas for quantitative trading strategies derived out of the academic research papers.
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