Technical analysis-based fuzzy support system for stock market trading Online publication date: Fri, 11-Sep-2020
by Aviral Sharma; Vishal Bhatnagar; Abhay Bansal
International Journal of Advanced Intelligence Paradigms (IJAIP), Vol. 17, No. 3/4, 2020
Abstract: Technical analysis forms an integral part of the life of a stock trader. In econometric analysis, technical analysis is method for predicting the course of prices of security under consideration through the study of past statistics relating to the equity, mostly price and volume. Traders tend to use this type of analysis to take a decision regarding a particular security. Fuzzy logic-based systems could be used in developing decision models where the experience of traders can be incorporated in the decision model. In this paper, we present a hybrid approach between fuzzy logic and technical analysis. The system generates a signal on direction of movement of the stock. Thus, helping the trader to better understand the underlying behaviour of the stock under consideration and take a decision accordingly.
Online publication date: Fri, 11-Sep-2020
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Advanced Intelligence Paradigms (IJAIP):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email firstname.lastname@example.org