A biclustering technique for mining trading rules in stock markets

科研成果: 书/报告/会议事项章节会议稿件同行评审

10 引用 (Scopus)

摘要

Technical analysis including a large variety of indicators and patterns is widely used in financial forecasting and trading. However, it is difficult to select a combination of indicators that can well capture useful trading points in a specific market. In this paper, we propose a biclustering algorithm to find a subset of indicators with different periodic parameters which produce a similar profitability for a subset of trading points from the historical time series in the stock market. The discovered trading points are grouped into two categories: buy and sell signals. These trading points are applied to both of training and testing periods and the returns are compared with the conventional buy-and-hold trading strategies. We test this algorithm by using the Dow Jones Industry Average Index and Hang Seng Index. The results demonstrate that the trading strategies based on the discovered trading rules using the biclustering algorithm outperform the conventional buy-and-hold strategy.

源语言英语
主期刊名Applied Informatics and Communication - International Conference, ICAIC 2011, Proceedings
16-24
页数9
版本PART 1
DOI
出版状态已出版 - 2011
已对外发布
活动2011 International Conference on Applied Informatics and Communication, ICAIC 2011 - Xi'an, 中国
期限: 20 8月 201121 8月 2011

出版系列

姓名Communications in Computer and Information Science
编号PART 1
224 CCIS
ISSN(印刷版)1865-0929

会议

会议2011 International Conference on Applied Informatics and Communication, ICAIC 2011
国家/地区中国
Xi'an
时期20/08/1121/08/11

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