-

: -

: [1]   Word-111099.doc : 1


8.050102

: -


: _________ ..


,

..



:




..



..



..



..



..



..





.

2008 .




:

_____________ ..





03


: -


7.05.2008 _501-


- .

03.09.07 18.10.07

, - - .

01.01.08 03.04.08

.

05.04.08 05.05.08

.

06.05.08 15.05.08


_____________ ..

_____________ ..

: 03.09.2007..

: 21.06.2008 .

: 80 ., 8 ., 23 ., 3 , 13 . .

- .


- .


. .


"SV-Trend.


.



1.

1.1

1.2

1.3

1.4 "Meta4

1.4.1

1.5

2.

2.1

2.2

2.2.1

2.2.2

3. -

3.1

3.2

3.3

4.

4.1

4.2

5.

5.1 -

5.1.1

5.1.2

5.2 i



, , , , ' , , , i .

. , , . , " , , .

(, / ) ( , ) (, , , ), , " .

. , , . , . :

, , . , . , . ;

, , ;

.

. " , (, , 1999 .). , . , , , . () " . , , . . - . , , ' , .

. . , , , , .

' , .

- , . . ' , , , , , . .

1. . ( ), , . . , , , . . , . , ,

2. . , . , '. . , , .

3. . . -, , . , , , . , " , . -, . . , , , .

4. . - , , . , . " .

5. . , , 60% - , . . , 90- 50% , 70% , , . , , , .

6. . , . , , . , " , .

7. . , , . , , , , . . ,

8. . . . , , , . - . .

, , ' . .

, , - . , , ' , . , , .

- , , . ' , , . i .



. , , , . , . , , , , . , ' , . .

ForeignMarket (FOREX) - - 70- , . FOREX , - ' : , , , . , 24 (. 1.1.).


1.1.

.

2:00

10:00

3:00

11:00

3:00

11:00

4:00

12:00

4:00

12:00

4:00

12:00

9:00

17:00

9:00

17:00

9:00

17:00

9:00

17:00

9:00

17:00

9:00

17:00

10:00

18:00

10:00

18:00

-

16:00

24:00

16:00

24:00

-

6:30

0:30

16:30

0:30

17:00

1:00

17:00

1:00

23:00

7:00

23:00

7:00

0:00

8:00

0:00

8:00



:

- ' (90-95%) (.1.1.), , , . , Deutsche Bank, Barclays Bank, Union Bank of Switzerland, Citibank, Chase Manhattan Bank, Standard Chartered Bank .


.1.1.


, , , . - , , - . - , - ' .

- , , . : ( ), ( ).

, , ' (London International Financial Futures Exchange), (European Options Exchange), (Deutsche Terminboerse), (Singapore International Monetary Exchange), (Sydney Futures Exchange), (Oesterreichische Termin Option-sboerse). . , .

, .

- . , .

-: , , , , , , , , , ', . .

. (, , ) ( 50%, 55%), .

" , ' , , " ׻, ' , . : , - , - , , , .

- , ' ( ) . , ( ) , , . , " . , .

- , , , " (, ), . , : , , , , , XEROX, Nestle, General Motors, British Petroleum .

- , . , . , , .

- , ' , , . 1986 . FOREX .


1.3


Forex :

-

8 :

1. .

, i (dealing desk)? -, .

- , , , , ; , .

2. ,

? , ?

, , , , , , .

, .

, : , , ,

3. (order execution)

:

  • ?
  • ?
  • ?

' , .

4. (fee & spread)

  • ;
  • , .

( .

, ( ), () - (swap) ' (). . : buy/sell sell/buy. /next. , , SPOT. , .

5. (slippage)

  • ?
  • , ' ?
  • ?

6. (leverage) (margin requirements)

- (leverage), , - , .

(margin call). ( ) FIFO ( , - first in first out), - LIFO ( , - last in first out),

7.

  • , ?
  • ? ( )
  • - ( )

. ,

- , . ,   - .

:

- EXPRESSFX;

- Meta Trader 4;

- Dealing DESK 2005;

- FxNews.

"Meta Trader 4

8. ()

. , .

-

:

  • ;
  • , ;
  • ;
  • , :

- ' Internet

' (Meta Trader 4) - . ' :

  • ;
  • ;
  • ;
  • ;
  • , , MetaQuotes Language 4 (MQL 4);
  • .


    1. "Meta Trader 4


Microsoft Windows 98SE/ME/2000/XP/2003. . :

  • : 800 MHz;
  • ': 256 Mb;
  • : 20 Gb;
  • : AGP 4-, 32 Mb;
  • ;
  • ( Internet);
  • ;
  • CD DVD-ROM ;
  • "

' . , , 112 MBit/s. , ' ' (UPS), .

' , ( ), (. 1.2.).


. 1.2. Meta Trader Mobile


WAP (Wireless Application Protocol) GPRS (General Packet data Radio Service) EDGE (Enhanced Data-Rates For GSM Evolution) CSD (Circuit-Switched Data)

, . . , , . , , .


1.4.1

. . Ask ( ), Bid ( ). . .

, . , . , , . , "" (Requote) , .

, . . , .

. , .

. . (. 1.3.):

  1. Buy Limit "Ask" . . , , , ;
  2. Buy Stop "Ask" . . , ;
  3. Sell Limit "Bid" . . , , , ;
  4. Sell Stop "Bid" . . , .

. 1.3.


. .

, , . ' . . Bid-, Ask-. , . (Trailing Stop).

(Trailing Stop)

, , . ' , , . " . , , . . , . , . . , , . , . , . , "" . " " .

, ( ). , , , . , .


. . ' . . Bid-, Ask-.



:

1. "", , - ' .

2. , - .

3. , - , .

4. " , .

5. , .

6. - , , .

:

, (. 1.4.). .

. 1.4.


- . , (. 1.5.).


. 1.5.


, .


: .



, - .

- , , , , . market-makers, , , , - - , . , - , , . ' , ' , , ' ' .

        , , :

  • ;
  • .

,

, :

  • ;
  • ;
  • ;
  • -.

:

  • - , ( , , );
  • - , .

, - .

:

  • (. 2.1.);
  • ;
  • ;
  • - - ;
  • , ;
  • , , , , ;
  • ;
  • ;
  • .

  • Atlanta Fed index - ;
  • Average hourly earnings - ;
  • Average workweek - ;
  • Beige book - ;
  • Building permits - ;
  • Business inventories - , ;
  • Capacity utilisation - ;
  • Chicago PMI index - ;
  • Construction spending - ;
  • Consumer confidence - ;
  • Consumer credit - ;
  • Consumer price index (CPI) - ;
  • Current account (Balance of payments) - ;
  • Durable goods orders - ;
  • Employment cost index - ;
  • Existing home sales - , ;
  • Export prices - ;
  • Factory orders - .
  • Federal budget - ;
  • GDP - Gross domestic product - ();
  • GDP advance - () - .
  • GDP deflator - ;
  • GDP final - () - ;
  • GDP provisional (revised) - () - ;
  • Help-wanted index - ;
  • Housing starts - ;
  • Humphrey-Hawkins testimony - (Federal Reserve) ( Alan Greenspan) ;
  • Import prices - ;
  • Industrial production - ;
  • International trade (Trade balance) - ;
  • Jobless claims (Initial claims) - ;
  • Leading indicators index - ;
  • Michigan consumer sentiment index - ;
  • Money supply (1, M2, 3) - "";
  • NAPM index (National Association of Purchasing Managers' index) - ;
  • NAPM services index (National Association of Purchasing Managers' services index) - ;
  • New home sales - , ', ;
  • Nonfarm payrolls - i, ;
  • Personal income - ;
  • Personal spending (consumption) - ;
  • Philadelphia Fed index - ;
  • Producer price index (PPI) - ;
  • Productivity - ;
  • Real earnings (Real average weekly earnings) - ;
  • Redbook - ;
  • Retail sales - ;
  • Unemployment rate - ;
  • Unit labour cost ;
  • Wholesale inventories - .


  • Average earnings growth - ;
  • Producer output prices (PPI output) - " ";
  • Producer input prices (PPI input) - " ";
  • Retail price index (RPI) - ;
  • CBI industrial trends - ;
  • CBI distributive trades - ( );
  • Purchasing managers index (PMI) - (Chartered Institute of Purchasing and Supply);
  • Retail Sales - ;
  • Manufacturing output - ' , , ;
  • Unemployment (Claimant count rate) ;
  • Global trade, NON-EU trade balance - ;
  • Industrial output (Industrial production) - ' ;
  • Gross domestic product (GDP) - ;
  • M4 money supply - 4 ( ' );
  • Public sector borrowing requirement (PSBR) - ;
  • Unit wage costs - ;
  • Net consumer credit - ;
  • Housing starts - ;


  • M3 money supply - 3 ( ' );
  • Unemployment ;
  • IFO survey - IFO;
  • Manufacturing orders - ;
  • Manufacturing production - ' , ;
  • Industrial production - ;
  • Producer price index (PPI) - ;
  • Retail Sales - ;
  • Import prices - ;
  • Balance of trade - ;
  • Current account - ;
  • Wholesale price index - ;
  • Gross domestic product (GDP) - .


  • Tankan report - , ;
  • Balance of payments - ;
  • Industrial production index - ;
  • Gross domestic product (GDP) - ;
  • Machinery orders - ;
  • Unemployment ;
  • Consumer price index (CPI) - ;
  • Wholesale price index (WPI) - ;
  • Leading and coincident indices of business conditions - ;
  • Retail sales - .


2.1.

.

(Trade deficit)

1

(Payment deficit)

1

: (CPI) (PPI)

1

(, )

1

(GDP)

1

(Unemployment)

1

(4, 3, 2, 1, 0)

1

1

-

(Retail sales)

2

(Housing starts)

2

(Orders)

2

(Producer price)

2

(Industrial production)

2

2

3

-

-

'

3

-

-

3

-

-

(Deposit repos)

3

-

-

(DJI, NIKKEY, DAX, FTSE)

3

(T-bills, T-bonds)

3


- . , . , . , .


.

- . , '. - - , , - . , , , , , , , , .


,

, . " 29 1995 1,1400 1,1480 , 1,1580 . , , , , , 104,55 97,15, . , , , (. 2.2.).


2.2.


, ,


,


, , . ,


:

  • : ; .
  • : ; , ' ( , ).

:

  • Reuters
  • Bloomberg
  • Financial Times
  • CNN
  • CNBC
  • Telerate

on-line. (1-2 ) " , , . , .


. 2.3.


2.3.

.

%

%

. , ,

. - ( .), ( )

,

,

, ,


.

, .



, - : .


2.2.1

, . - , . , .

.

(. 2.1).


. 2.1.


() , , . . , . , , (. 2.2.).


. 2.2. "


(. 2.3.). , . , : , .


. 2.3. "

- , (. 2.4.). , ( ), , .


. 2.4. "-


.

( ) (. 2.5.).

( . ( 2).


. 2.5. " ֻ


(Diamond) (. 2.6.) . , , .

. 2.6. ".


(Triangles). (Boundary Lines). , . (. 2.7.).


. 2.7.

, (flag), (pennant), (wedge). (. 2.8.).


1)         (Flags)

. 2.8. : ", " ".


2.2.2

- , .

25 ' . . , -  ... ', , . , .

: () i.

Moving Average (MA). Moving Average . (. 2.9.).

MA = (Cn + Cn-1 + ... + C1) / n                        (2.1)

;

Cn, Cn-1, C1 ;

C1 ;

n .

, . , . , .

:

Simple Moving Average ;

Weighted Moving Average ;

Exponential Moving Average .


. 2.9. Moving Average

Bollinger Bands. (. 2.10.). , , , , . , : , , .


. 2.10.


:

  • ;
  • , ;
  • , ;
  • , , . .


i

Stochastic Oscillator. i (. 2.11.) . 50- . , 0 100. , 70 30 , . 30 . 70 . , , i.


. 2.11. i "Stochastic


Williams' Percent Range (%R). (%R) . (. 2.12.) , /. (%R) i. , , .

%R ( -30%). .

80 100% . 0 20% ,


. 2.12. "Williams' Percent Range


, . :


,                        (2.2)

;

;

A - ;

e .

, , . 2.13.


. 2.13. , (2.2)


, , (2.2), A - . :

  1. A - .
  2. , (2.2).
  3. ( )2, , .

,                                        (2.3)

, , A - . N .


.

x(t) X(f)

                               (2.4)

                                       (2.5)

t , , , , (-, ). . (-, ). f ω; ω=2πf. ω .

ω f 1/t.

x(t) X(f).

f ω,

                               (2.6)

3. -


3.1

, (. 3.1).


. 3.1. -


, , , (2.4) (2.2).


3.2


- EUR/JPY :

  • 25.01.2007 5.02.2007
  • 6.02.2007 15.02.2007
  • 16.02.2007 23.02.2007
  • 26.02.2007 5.03.2007
  • 6.03.2007 15.03.2007
  • 16.03.2007 25.03.2007
  • 26.03.2007 5.04.2007
  • 6.04.2007 15.04.2007
  • 16.04.2007 25.04.2007
  • 26.04.2007 4.05.2007
  • 06.05.2007 15.05.2007
  • 16.05.2007 25.05.2007

12 240 . 3.1.


3.1.

(25.01.2007 5.02.2007)

25,01,2007

0:00

157,15

157,18

156,92

156,94

25,01,2007

1:00

156,95

156,98

156,66

156,68

25,01,2007

2:00

156,67

156,83

156,65

156,7

25,01,2007

3:00

156,72

156,77

156,42

156,46

25,01,2007

4:00

156,44

156,49

156,06

156,1

25,01,2007

5:00

156,09

156,38

156,06

156,22

25,01,2007

6:00

156,21

156,26

156,03

156,03

25,01,2007

7:00

156,02

156,27

155,75

155,97

25,01,2007

8:00

155,98

156,23

155,85

156,2

25,01,2007

9:00

156,21

156,59

156,08

156,5

...

...

...

...

...

...

05,02,2007

19:00

155,6

155,66

155,49

155,5

05,02,2007

20:00

155,52

155,54

155,46

155,47

05,02,2007

21:00

155,49

155,61

155,47

155,55

05,02,2007

22:00

155,54

155,63

155,5

155,63

05,02,2007

23:00

155,61

155,63

155,55

155,58


(2.4) Statistica 6.0 (. 3.2.). 2- 8- . 3.3..


. 3.2. "Statistica 6.0

. 3.3.


12 ,         , f = 0,02.

, , , . (2.2).

3.2..

3.2.

t

A f = 0,2

A

= (A f = 0,2 - A)2



1

31.01.2007

2,8

1,0

1,8



2

20.02.2007

59

1,0

58,0



3

12.03.2007

3,2

1,0

2,2



4

01.04.2007

32

1,0

31,0



5

21.04.2007

18

1,0

17,0



6

11.05.2007

6,5

1,0

5,5



7

31.05.2007

36

1,0

35,0



8

20.06.2007

100

1,0

99,0



9

10.07.2007

16,5

1,0

15,5



10

30.07.2007

2,8

1,0

1,8



11

19.08.2007

30

1,0

29,0



12

08.09.2007

2,2

1,0

1,2







297,0











A

B

C

D

E

F

G

H

1

1

1

1

1

1

1

1


12 , t , A f = 0,2 , A (2.2) A, B, C, D, E, F, G, H.

MS Excel (. 3.3.). " Excel , E G (2.2) , 3-10 . , , :

  1. , , , , . , E

E (0,5 1,5) 2/1.                                (3.1)

  1. B F , , D - 0.05, =0.
  2. C , ,

(0,4 0,6) .                                        (3.2)


3.3.

t

A f = 0,2

A

= (A f = 0,2 - A)2



1

31.01.2007

2,8

421,4

175207,1

2

20.02.2007

59

39,2

390,3842

3

12.03.2007

3,2

49,0

2101,777

4

01.04.2007

32

31,4

0,362309

5

21.04.2007

18

29,2

125,9568

6

11.05.2007

6,5

27,6

443,4496

7

31.05.2007

36

26,2

95,55286

8

20.06.2007

100

25,1

5606,694

9

10.07.2007

16,5

24,2

59,10535

10

30.07.2007

2,8

34,4

1001,264

11

19.08.2007

30

22,7

53,64417

12

08.09.2007

2,2

25,1

525,4244





1856,7




A

B

C

D

E

F

G

H

49,04514

-0,32172

435,263

-259,325

18,33648

0,5

7,779768

10


, (2.2) - . - :

  • (2.2) , , ;
  • (2.2) .

, (. 3.4.):

A t A t + 1                                                (3.3)

, :

A t A t + 1                                                (3.4)


3.4.

t

A f = 0,2

A

= (A f = 0,2 - A)2



1

31.01.2007

2,8

421,4

175207,1



2

20.02.2007

59

39,2

390,3842



3

12.03.2007

3,2

49,0

2101,777



4

01.04.2007

32

31,4

0,362309



5

21.04.2007

18

29,2

125,9568



6

11.05.2007

6,5

27,6

443,4496



7

31.05.2007

36

26,2

95,55286



8

20.06.2007

100

25,1

5606,694



9

10.07.2007

16,5

24,2

59,10535



10

30.07.2007

2,8

34,4

1001,264



11

19.08.2007

30

22,7

53,64417



12

08.09.2007

2,2

25,1

525,4244




28.09.2007


29,2

1856,7











A

B

C

D

E

F

G

H

49,04514

-0,32172

435,263

-259,325

18,33648

0,5

7,779768

10


. 3.4. , , , , - .


3.3


- EUR/JPY , (2.2) .

10- 9-, - (. 3.4.).


. 3.4.

-

, . 100- .

:

86,8% , . 40,2% . (Williams' Percent Range, Stochastic Oscillator, Bollinger Bands)

4.



- . , , i, .

, , , , - , .

, - , .

, , "Statistica 6.0, MS Excel " . . .

, "Meta Trader 4 "Meta Editor, "++. "SV-Trend, - : "SV-Trend.mq4

:

//+------------------------------------------------------------------+

//| SV-Trend.mq4 |

//| Copyright 2005-2007, MetaQuotes Software Corp. |

//| |

//+-------------------------------------------------------------class=rvps29>#property copyright

#property link

#property indicator_chart_window

#property indicator_buffers 1

#property indicator_color1 Red

//---- indicator parameters

extern int ExtDepth=12;

extern int ExtDeviation=5;

extern int ExtBackstep=3;

//---- indicator buffers

double SV-TrendBuffer[];

double HighMapBuffer[];

double LowMapBuffer[];

int level=3; // recounting's depth

bool downloadhistory=false;

//+------------------------------------------------------------------+

//| Custom indicator initialization function |

//+------------------------------------------------------------------+

int init()

{

IndicatorBuffers(3);

//---- drawing settings

SetIndexStyle(0,DRAW_SECTION);

//---- indicator buffers mapping

SetIndexBuffer(0,SV-TrendBuffer);

SetIndexBuffer(1,HighMapBuffer);

SetIndexBuffer(2,LowMapBuffer);

SetIndexEmptyValue(0,0.0);


//---- indicator short name

IndicatorShortName("SV-Trend("+ExtDepth+","+ExtDeviation+","+ExtBackstep+")");

//---- initialization done

return(0);

}

//+------------------------------------------------------------------+

//| |

//+------------------------------------------------------------------+

int start()

{

int i, counted_bars = IndicatorCounted();

int limit,counterZ,whatlookfor;

int shift,back,lasthighpos,lastlowpos;

double val,res;

double curlow,curhigh,lasthigh,lastlow;


if (counted_bars==0 && downloadhistory) // history was downloaded

{

ArrayInitialize(SV-TrendBuffer,0.0);

ArrayInitialize(HighMapBuffer,0.0);

ArrayInitialize(LowMapBuffer,0.0);

}

if (counted_bars==0)

{

limit=Bars-ExtDepth;

downloadhistory=true;

}

if (counted_bars>0)

{

while (counterZ<level && i<100)

{

res=SV-TrendBuffer[i];

if (res!=0) counterZ++;

i++;

}

i--;

limit=i;

if (LowMapBuffer[i]!=0)

{

curlow=LowMapBuffer[i];

whatlookfor=1;

}

else

{

curhigh=HighMapBuffer[i];

whatlookfor=-1;

}

for (i=limit-1;i>=0;i--)

{

SV-TrendBuffer[i]=0.0;

LowMapBuffer[i]=0.0;

HighMapBuffer[i]=0.0;

}

}

for(shift=limit; shift>=0; shift--)

{

val=Low[iLowest(NULL,0,MODE_LOW,ExtDepth,shift)];

if(val==lastlow) val=0.0;

else

{

lastlow=val;

if((Low[shift]-val)>(ExtDeviation*Point)) val=0.0;

else

{

for(back=1; back<=ExtBackstep; back++)

{

res=LowMapBuffer[shift+back];

if((res!=0)&&(res>val)) LowMapBuffer[shift+back]=0.0;

}

}

}

if (Low[shift]==val) LowMapBuffer[shift]=val; else LowMapBuffer[shift]=0.0;

//--- high

val=High[iHighest(NULL,0,MODE_HIGH,ExtDepth,shift)];

if(val==lasthigh) val=0.0;

else

{

lasthigh=val;

if((val-High[shift])>(ExtDeviation*Point)) val=0.0;

else

{

for(back=1; back<=ExtBackstep; back++)

{

res=HighMapBuffer[shift+back];

if((res!=0)&&(res<val)) HighMapBuffer[shift+back]=0.0;

}

}

}

if (High[shift]==val) HighMapBuffer[shift]=val; else HighMapBuffer[shift]=0.0;

}


// final cutting

if (whatlookfor==0)

{

lastlow=0;

lasthigh=0;

}

else

{

lastlow=curlow;

lasthigh=curhigh;

}

for (shift=limit;shift>=0;shift--)

{

res=0.0;

switch(whatlookfor)

{

case 0: // look for peak or lawn

if (lastlow==0 && lasthigh==0)

{

if (HighMapBuffer[shift]!=0)

{

lasthigh=High[shift];

lasthighpos=shift;

whatlookfor=-1;

SV-TrendBuffer[shift]=lasthigh;

res=1;

}

if (LowMapBuffer[shift]!=0)

{

lastlow=Low[shift];

lastlowpos=shift;

whatlookfor=1;

SV-TrendBuffer[shift]=lastlow;

res=1;

}

}

break;

case 1: // look for peak

if (LowMapBuffer[shift]!=0.0 && LowMapBuffer[shift]<lastlow && HighMapBuffer[shift]==0.0)

{

SV-TrendBuffer[lastlowpos]=0.0;

lastlowpos=shift;

lastlow=LowMapBuffer[shift];

SV-TrendBuffer[shift]=lastlow;

res=1;

}

if (HighMapBuffer[shift]!=0.0 && LowMapBuffer[shift]==0.0)

{

lasthigh=HighMapBuffer[shift];

lasthighpos=shift;

SV-TrendBuffer[shift]=lasthigh;

whatlookfor=-1;

res=1;

}

break;

case -1: // look for lawn

if (HighMapBuffer[shift]!=0.0 && HighMapBuffer[shift]>lasthigh && LowMapBuffer[shift]==0.0)

{

SV-TrendBuffer[lasthighpos]=0.0;

lasthighpos=shift;

lasthigh=HighMapBuffer[shift];

SV-TrendBuffer[shift]=lasthigh;

}

if (LowMapBuffer[shift]!=0.0 && HighMapBuffer[shift]==0.0)

{

lastlow=LowMapBuffer[shift];

lastlowpos=shift;

SV-TrendBuffer[shift]=lastlow;

whatlookfor=1;

}

break;

default: return;

}

}


return(0);

}

//+------------------------------------------------------------------+

4.2


, - " i "SV-Trend

, "Meta Trader 4. , : , , "Sell(. 4.1.), "Buy

"SV-Trend - , , , .


. 4.1. "Meta Trader 4

"SV-Trend

5.


5.1 -


5.1.1

, . , , . :

1) - , ' , , , , , - .

2) i i , - . 10 .

4) ( , , , , ).

5) ' " . - ( ).

-, , , , , .

6) . .

7) , , . 12.1.005-88 0,1 /. ; 5 /. ; 4 /. .


5.1.2

, , , . .

, , , . , . Arial Cyr 12.

. : , , 31,5 - 8000 , , - . , ".

, , .


5.2 i


i i 12.2.032. , i , 6 . , ' - 20 . .

i . .

. i . , , .

- i, .

i, , .

- i, , (. 5.1.).

. 5.1.


;

;

:

;

.

:

( );

/;

();

();

:

1) () - , ;

2) , .

:

, , ;

, , ;

", ;

( 3 , , , ).

680-760 . , , 650 .

. , 420-550 . ', , - .

: , , , , , ( 700 ), (300-450 ). , . :

(0.60 + 0.10 );

, 20 , .

:

+3 ;

10 20 ;

.

:

, ;

i;

. ' ', . :

20° ( "-" );

;

80° - 100°, - .

: , , - , , . : , : , , , . i:

750 ;

650 ;

450 ;

' ;

;

700 ;

400 ;

500 ;

, , ;

i , , . , . , , , .

- , .



- Forex.

, .

, "SV-Trend

40,2%.

.



  1. .. . ; , 1999. 125 .
  2. . ., . .. - . - .: , 1982 .. .
  3. ., .. . ., , 1982, 428.
  4. / . ... - : , 1994
  5. . " : , ", , 2000 .
  6. . " , "-̻, , 1996 .
  7. .. ", " 6 2001 .
  8. .. : . . . .: , 2000.512 .
  9. .., .., .. : . .: , 2000. 296 .
  10. / . .. .-., 2002
  11. teach/tehan.php
  12. ?cont=technical
  13. a>berg.com.ua
: 1