Utilization of NNs for Improving the Traditional Technical Analysis in the Financial Markets
- Cite this paper as:
- Baba N. (2006) Utilization of NNs for Improving the Traditional Technical Analysis in the Financial Markets. In: Gabrys B., Howlett R.J., Jain L.C. (eds) Knowledge-Based Intelligent Information and Engineering Systems. KES 2006. Lecture Notes in Computer Science, vol 4253. Springer, Berlin, Heidelberg
In this paper, we propose a new decision support system (DSS) for dealing stocks which improves the traditional technical analysis by using neural networks. In the proposed system, neural networks are utilized in order to predict the “Golden Cross” and the “Dead Cross” several weeks before they occur. Computer simulation results concerning the dealings in the “TOPIX” and the “Nikkei-225” confirm the effectiveness of the proposed system.
Keywordsneural networks traditional technical analysis golden cross dead cross TOPIX Nikkei-225
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