A technical analysis expert system in the stock market

Research output: Contribution to journalArticle

3 Citations (Scopus)

Abstract

In order to build a technical analysis expert system for judging which names should be bought in stock market, knowledge representation is discussed. The expertise comes from two kinds of knowledge: Granville's Laws from the USA and heuristics relevant to the chart indigenous to Japan. The hit rate for buying is evaluated by means of checking that selected names increase more than five per cent through two months after the point of time when the expert system judged buying. Using past real stock price data, the experiment shows that the hit rate was 53.1 per cent on the average.

Original languageEnglish
Pages (from-to)21-27
Number of pages7
JournalFuture Generation Computer Systems
Volume5
Issue number1
DOIs
Publication statusPublished - 1989
Externally publishedYes

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Expert systems
Knowledge representation
Experiments
Financial markets

ASJC Scopus subject areas

  • Computer Science Applications
  • Hardware and Architecture
  • Control and Systems Engineering

Cite this

A technical analysis expert system in the stock market. / Yamaguchi, Takahira.

In: Future Generation Computer Systems, Vol. 5, No. 1, 1989, p. 21-27.

Research output: Contribution to journalArticle

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