An empirical methodology for developing stockmarket trading systems using artificial neural networks

Bruce Vanstone, Bond University
Gavin Finnie, Bond University

Document Type Journal Article

Interim status: Citation only.

Vanstone, B., & Finnie, G. (2009). An empirical methodology for developing stockmarket trading systems using artificial neural networks. Expert systems with applications, 36(3), 6668-6680.

Access the Journal's homepage.

2009 HERDC submission. FoR code: 0801

© Copyright Elsevier Ltd. All rights reserved.

Abstract

A great deal of work has been published over the past decade on the application of neural networks to stockmarket trading. Individual researchers have developed their own techniques for designing and testing these neural networks, and this presents a difficulty when trying to learn lessons and compare results. This paper aims to present a methodology for designing robust mechanical trading systems using soft computing technologies, such as artificial neural networks. This paper describes the key steps involved in creating a neural network for use in stockmarket trading, and places particular emphasis on designing these steps to suit the real-world constraints the neural network will eventually operate in. Such a common methodology brings with it a transparency and clarity that should ensure that previously published results are both reliable and reusable.

 

This document has been peer reviewed.