Developing An Expert System To Forecast The Stock Market by Mike Flanagan, Ph.D.
ARTICLE SYNOPSIS ...Developing An Expert System To Forecast The Stock Market by Mike Flanagan, Ph.D.
Nowadays, computers are often used to develop rule-based trading strategies. Frequently, these rules will be based on work provided by experts; such rule-based models are generally called expert systems. Here, Mike Flanagan takes you through the process of developing an expert system for generating medium- (three- to six-month) and long-term (six- to 12-month) forecasts of the US stock market.
An expert system is a computer program that uses deductive logic to simulate the decision-making process of humans. The...