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Figure 6.
Figure 7.
Descriptive statistics for analyzed variables
| Variable | N Important | Average | Median | Minimum | Maximum | Standard dev. | Skewness | Kurtosis |
|---|---|---|---|---|---|---|---|---|
| Price closing of EUR/USD quotations | 378 | 1.078023 | 1.073500 | 0.959200 | 1.188200 | 0.059063 | −0.04244 | −1.07920 |
| Price opening of EUR/USD quotations | 378 | 1.078474 | 1.074250 | 0.959400 | 1.187900 | 0.059316 | −0.04546 | −1.08409 |
| Euro appreciation/depreciation [%] | 378 | −0.00025 | −0.000200 | −0.014900 | 0.021400 | 0.005673 | 0.305433 | 0.87710 |
| Volume (number of transactions concluded on the EUR/USD currency pair) | 378 | 78.84444 | 78.37500 | 17.50000 | 155.9600 | 19.15545 | 0.377485 | 1.630956 |
Results achieved by individual strategies during the examined periods_
| Strategy | No. 1 | No. 2 | No. 3 |
|---|---|---|---|
| Number of trading signals during the period considered | 126 | 126 | 126 |
| Share of profitable signals | 35% | 27,78% | 28,57% |
| Average value of a profitable position | 525 pts | 543 pts | 1020 pts |
| Average value of a losing position | (−)305 pts | (−)182 pts | (−)340 pts |
| Average number of trading signals per day | 1,44 | 1,44 | 0,34 |
| Aggregate result during the period under analysis | (−)1735 pts | 1505 pts | 5970 pts |
Average values of opening and closing prices_ changes (%) relating directly to the EUR/USD exchange rate and number of transactions concluded on the EUR/USD currency pair
| Period | Closing price | Opening price | Euro appreciation/depreciation [%] | Volume (average number of transactions concluded on the EUR/USD currency pair) | |
|---|---|---|---|---|---|
| 2021 | 1.1515 | 1.1522 | −0.04% | 73.83 | |
| 2022 | 1.0532 | 1.0536 | −0.02% | 79.92 | |
| 2023 | 1.0778 | 1.0781 | −0.01% | 84.22 | |
| 2021 | September | 1.1764 | 1.1776 | −0.09% | 69.52 |
| October | 1.1598 | 1.1600 | −0.01% | 62.28 | |
| November | 1.1407 | 1.1418 | −0.09% | 83.80 | |
| December | 1.1305 | 1.1306 | 0.01% | 78.98 | |
| 2022 | January | 1.1316 | 1.1324 | −0.06% | 64.05 |
| February | 1.1342 | 1.1341 | −0.01% | 75.33 | |
| March | 1.1014 | 1.1025 | −0.06% | 77.41 | |
| April | 1.0799 | 1.0830 | −0.23% | 72.61 | |
| May | 1.0581 | 1.0574 | 0.08% | 74.02 | |
| June | 1.0562 | 1.0573 | −0.11% | 80.38 | |
| July | 1.0181 | 1.0194 | −0.12% | 83.73 | |
| August | 1.0122 | 1.0131 | −0.07% | 79.36 | |
| September | .9897 | .9911 | −0.11% | 84.80 | |
| October | .9840 | .9837 | 0.04% | 92.18 | |
| November | 1.0210 | 1.0185 | 0.24% | 90.53 | |
| December | 1.0588 | 1.0576 | 0.13% | 84.06 | |
| 2023 | January | 1.0776 | 1.0771 | 0.07% | 84.48 |
| February | 1.0783 | 1.0807 | −0.21% | 83.51 | |