Short-Term Trend Prediction of Foreign Exchange rates with a Neural-Network Based Ensemble of Financial Technical indicators
This paper is about designing, developing and training a neural network for short-term forecasting of buy-sell trends in foreign exchange markets. We use a set of established financial technical indicators as inputs to the neural network and we develop the architecture to predict a trend and then train the network based on the accuracy of the prediction. We perform extensive real time testing with the closing prices (one per minute) of the USD/EUR exchange rates for a one-year period. The overall approach delivers a system that predicts trends substantially better than individual technical indicators.
Paper
Full text
Short-Term Trend Prediction of Foreign Exchange rates with a Neural-Network Based Ensemble of Financial Technical indicators
Semantic Scholar · Business · 2013
Abstract
This paper is about designing, developing and training a neural network for short-term forecasting of buy-sell trends in foreign exchange markets. We use a set of established financial technical indicators as inputs to the neural network and we develop the architecture to predict a trend and then train the network based on the accuracy of the prediction. We perform extensive real time testing with the closing prices (one per minute) of the USD/EUR exchange rates for a one-year period. The overall approach delivers a system that predicts trends substantially better than individual technical indicators.