Abstract

Technical analysis is a widely used approach for trading securities. Various indicators are used, such as moving average, stochastic oscillator and relative strength index. Applications of these indicators are typically based on experiences and rules of thumb which hardly are effective in general. This paper presents a technique for evolving indicator parameters using Non-Dominated Sorting Genetic Algorithm II and combining the indicators to generate a trading strategy. Experiments are conducted using actual stocks from the Stock Exchange of Thailand show that the proposed technique generates trading strategies that outperform other well-known techniques and is applicable to real world security trading.

Details

Title
Evolving and combining technical indicators to generate trading strategies
Author
Faijareon, Chawwalit 1 ; Ohm Sornil 1 

 School of Applied Statistics, National Institute of Development Administration, Bangkok, Thailand. 
Publication year
2019
Publication date
Apr 2019
Publisher
IOP Publishing
ISSN
17426588
e-ISSN
17426596
Source type
Scholarly Journal
Language of publication
English
ProQuest document ID
2566075928
Copyright
© 2019. This work is published under http://creativecommons.org/licenses/by/3.0/ (the “License”). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.