Designing a hybrid AI system as a forex trading decision support tool

Author

Yu, Lean ; Lai, Kin Keung ; Wang, Shouyang

Author_Institution

Acad. of Math. & Syst. Sci., Chinese Acad. of Sci., Beijing

fYear

2005

fDate

16-16 Nov. 2005

Lastpage

93

Abstract

In this study, a hybrid artificial intelligent (AI) system integrating neural network and expert system is proposed to support foreign exchange (forex) trading decisions. In this system, a neural network is used to predict the forex price in terms of quantitative data, while an expert system is used to handle qualitative factor and to provide forex trading decision suggestions for traders incorporating experts´ knowledge and the neural network´s results. The effectiveness of the proposed hybrid AI system is illustrated by simulation experiments

Keywords

decision support systems; expert systems; foreign exchange trading; neural nets; expert system; experts knowledge; foreign exchange trading decision support tool; forex price; hybrid AI system designing; neural network; Artificial intelligence; Artificial neural networks; Educational institutions; Expert systems; Hybrid intelligent systems; Intelligent networks; Investments; Mathematics; Neural networks; Robustness;

fLanguage

English

Publisher

ieee

Conference_Titel

Tools with Artificial Intelligence, 2005. ICTAI 05. 17th IEEE International Conference on

Conference_Location

Hong Kong

ISSN

1082-3409

Print_ISBN

0-7695-2488-5

Type

conf

DOI

10.1109/ICTAI.2005.56

Filename

1562920