Testing of the reliability of technical analysis method in stock markets

This study inspects the analysis of share returns theoretically through technicalanalysis method and topics are explained through ISE applications.The definition of technicalanalysis, its birth, growth, main principles and theories are given. Applications and methods,which are the most common and the easiest in technical analysis are explained and the topic isinspected through ISE examples. This study tries to construct the most profitable systems byexamining different systems based on different methods and applications over a long-termperiod and in a stable environment by taking into consideration the possibility of terms withdifferent charecteristics and fluctuations.The outcomes after ISE applications are: Profitabilityof technical analysis indicators can be increased by constructing different application modelson these indicators, profitability can be increased by trading according to the trends in indexby different indicators and also understood that indicators can be reliable if usedsystematically and correctly.