IF4838 Timing and Forecasting in Financial MarketsBahçeşehir UniversityDegree Programs ECONOMICS AND FINANCEGeneral Information For StudentsDiploma SupplementErasmus Policy StatementNational QualificationsBologna Commission
ECONOMICS AND FINANCE
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) Build up a body of knowledge in mathematics and statistics, to use them, to understand how the mechanism of economy –both at micro and macro levels – works. 3
2) Understand the common as well as distinctive characters of the markets, industries, market regulations and policies. 2
3) Develop an awareness of different approaches to the economic events and why and how those approaches have been formed through the Economic History and understand the differences among those approaches by noticing at what extent they could explain the economic events. 1
4) Analyze the interventions of politics to the economics and vice versa. 3
5) Apply the economic analysis to everyday economic problems and evaluate the policy proposals for those problems by comparing opposite approaches. 2
6) Understand current and new economic events and how the new approaches to the economics are formed and evaluating. 2
7) Develop the communicative skills in order to explain the specific economic issues/events written, spoken and graphical form. 3
8) Know how to formulate the economics problems and issues and define the solutions in a well-formed written form, which includes the hypothesis, literature, methodology and results / empirical evidence. 2
9) Demonstrate the quantitative and qualitative capabilities and provide evidence for the hypotheses and economic arguments. 2
10) Understand the information and changes related to the economy by using a foreign language and communicate with colleagues. 3