Intelligent Technical Stock Analysis Using Fuzzy Logic and Trading Heuristics
Technical analysis is a common method for using charts to predict the trend in a time series of stock prices. To increase efficiency, most chartists use multiple indicators to decide on market and individual stock direction. Unfortunately, there is a great deal of uncertainty as to which are the best indicators, as well as how the individual indicators should be interpreted. The following will employ the use of fuzzy logic for deciding upon the best combinations of indicators, as well as accounting for the uncertainty within each individual indicator, providing a signal to buy, hold, or sell. The performance of the fuzzy model incorporating trading heuristics is demonstrated for various individual stocks.
V. K. Bogullu et al., "Intelligent Technical Stock Analysis Using Fuzzy Logic and Trading Heuristics," Intelligent Engineering Systems Through Artificial Neural Networks, American Society of Mechanical Engineers (ASME), Jan 2001.
Engineering Management and Systems Engineering
Keywords and Phrases
Fuzzy Logic; Fuzzy Technical Analysis
Article - Conference proceedings
© 2001 American Society of Mechanical Engineers (ASME), All rights reserved.