IF4838 Timing and Forecasting in Financial MarketsBahçeşehir UniversityDegree Programs MATHEMATICSGeneral Information For StudentsDiploma SupplementErasmus Policy StatementNational QualificationsBologna Commission
MATHEMATICS
Bachelor TR-NQF-HE: Level 6 QF-EHEA: First Cycle EQF-LLL: Level 6

Course Introduction and Application Information

Course Code Course Name Semester Theoretical Practical Credit ECTS
IF4838 Timing and Forecasting in Financial Markets Fall 3 0 3 9
This catalog is for information purposes. Course status is determined by the relevant department at the beginning of semester.

Basic information

Language of instruction: English
Type of course: Non-Departmental Elective
Course Level: Bachelor’s Degree (First Cycle)
Mode of Delivery: Face to face
Course Coordinator : Dr. Öğr. Üyesi BAHAR KÖSEOĞLU
Course Lecturer(s): Dr. Öğr. Üyesi HAKKI ÖZTÜRK
Recommended Optional Program Components: None
Course Objectives: Timing and forecasting in financial markets course was designed to familiarize the students with the basics of technical analysis and teach how to correctly use technical tools. Technical analysis is the forecasting of future financial price movements based on an examination of past price movements. Like weather forecasting, it does not result in absolute predictions about the future. Instead, the tools used for forecasting can help investors anticipate what is "likely" to happen to prices over time. The course will help the students to forecast for short-term stock market trends and also will show the techniques for long term predictions. A program called Metastock will be used in class. The updated data for all the markets (stock, fx, commodity, money markets) will be provided by matriks. This course provides an insight to the trading rules and the indicators of technical analysis. At the end of the course, the students are expected to figure out how to forecast the market and price movements in financial markets using major patterns, indicators and oscillators.

Learning Outcomes

The students who have succeeded in this course;
I.to be able to learn how to use Metastock program
II. to be able to learn how to read price charts
III. to be able to know major indicators and oscillators and use them in trading
IV.to be able to learn trading rules and timing in security markets
V.to be able to figure out how to forecast the market and price movements in financial markets
VI.to be able to construct a buy-sell systems in Metastock program

Course Content

Metastock program, price charts, major indicators and oscillators , timing in security markets, construct a buy-sell systems

Weekly Detailed Course Contents

Week Subject Related Preparation
1) Introduction to Technical Market Analysis Introduction to Metastock Program
2) How to Use Metastock Program
3) Chart Reading, Interpretation of Price Charts
4) Major Patterns in Financial Markets
5) Moving Averages
6) Random Walk Index, MACD
7) Momentum, P(ROC)
8) Cycles, Timing Systems, Elliot Wave, Bollinger Bands
9) Polarized Fractal Efficiency, Parabolic SAR
10) Money Flow Index-Commodity Channel Index
11) Stochastic, RSI, Trix, Directional Moving Indicator
12) Timing and Forecasting Methods Using Some Indicators and Oscillators
13) Timing and Forecasting Methods Using Some Indicators and Oscillators
14) Constructing a Buy-Sell System in Metastock

Sources

Course Notes / Textbooks: Technical Analysis Explained by Martin J. Pring.

References: Essentials of Technical Analysis for Financial Markets, James Chen, John Wiley & Sons

Evaluation System

Semester Requirements Number of Activities Level of Contribution
Homework Assignments 1 % 10
Midterms 1 % 40
Final 1 % 50
Total % 100
PERCENTAGE OF SEMESTER WORK % 50
PERCENTAGE OF FINAL WORK % 50
Total % 100

ECTS / Workload Table

Activities Number of Activities Duration (Hours) Workload
Course Hours 14 3 42
Application 14 2 28
Study Hours Out of Class 14 3 42
Homework Assignments 1 25 25
Midterms 1 35 35
Final 1 45 45
Total Workload 217

Contribution of Learning Outcomes to Programme Outcomes

No Effect 1 Lowest 2 Low 3 Average 4 High 5 Highest
           
Program Outcomes Level of Contribution
1) To have a grasp of basic mathematics, applied mathematics and theories and applications in Mathematics
2) To be able to understand and assess mathematical proofs and construct appropriate proofs of their own and also define and analyze problems and to find solutions based on scientific methods,
3) To be able to apply mathematics in real life with interdisciplinary approach and to discover their potentials,
4) To be able to acquire necessary information and to make modeling in any field that mathematics is used and to improve herself/himself, 4
5) To be able to tell theoretical and technical information easily to both experts in detail and non-experts in basic and comprehensible way,
6) To be familiar with computer programs used in the fields of mathematics and to be able to use at least one of them effectively at the European Computer Driving Licence Advanced Level,
7) To be able to behave in accordance with social, scientific and ethical values in each step of the projects involved and to be able to introduce and apply projects in terms of civic engagement,
8) To be able to evaluate all processes effectively and to have enough awareness about quality management by being conscious and having intellectual background in the universal sense, 4
9) By having a way of abstract thinking, to be able to connect concrete events and to transfer solutions, to be able to design experiments, collect data, and analyze results by scientific methods and to interfere,
10) To be able to continue lifelong learning by renewing the knowledge, the abilities and the competencies which have been developed during the program, and being conscious about lifelong learning,
11) To be able to adapt and transfer the knowledge gained in the areas of mathematics ; such as algebra, analysis, number theory, mathematical logic, geometry and topology to the level of secondary school,
12) To be able to conduct a research either as an individual or as a team member, and to be effective in each related step of the project, to take role in the decision process, to plan and manage the project by using time effectively.