Effective Application of Improved Profit-Mining Algorithm for the Interday Trading Model

Joint Authors

Yang, D.-L.
Hsieh, Yu-Lung
Wu, Jungpin

Source

The Scientific World Journal

Issue

Vol. 2014, Issue 2014 (31 Dec. 2014), pp.1-13, 13 p.

Publisher

Hindawi Publishing Corporation

Publication Date

2014-01-29

Country of Publication

Egypt

No. of Pages

13

Main Subjects

Medicine
Information Technology and Computer Science

Abstract EN

Many real world applications of association rule mining from large databases help users make better decisions.

However, they do not work well in financial markets at this time.

In addition to a high profit, an investor also looks for a low risk trading with a better rate of winning.

The traditional approach of using minimum confidence and support thresholds needs to be changed.

Based on an interday model of trading, we proposed effective profit-mining algorithms which provide investors with profit rules including information about profit, risk, and winning rate.

Since profit-mining in the financial market is still in its infant stage, it is important to detail the inner working of mining algorithms and illustrate the best way to apply them.

In this paper we go into details of our improved profit-mining algorithm and showcase effective applications with experiments using real world trading data.

The results show that our approach is practical and effective with good performance for various datasets.

American Psychological Association (APA)

Hsieh, Yu-Lung& Yang, D.-L.& Wu, Jungpin. 2014. Effective Application of Improved Profit-Mining Algorithm for the Interday Trading Model. The Scientific World Journal،Vol. 2014, no. 2014, pp.1-13.
https://search.emarefa.net/detail/BIM-1051442

Modern Language Association (MLA)

Hsieh, Yu-Lung…[et al.]. Effective Application of Improved Profit-Mining Algorithm for the Interday Trading Model. The Scientific World Journal No. 2014 (2014), pp.1-13.
https://search.emarefa.net/detail/BIM-1051442

American Medical Association (AMA)

Hsieh, Yu-Lung& Yang, D.-L.& Wu, Jungpin. Effective Application of Improved Profit-Mining Algorithm for the Interday Trading Model. The Scientific World Journal. 2014. Vol. 2014, no. 2014, pp.1-13.
https://search.emarefa.net/detail/BIM-1051442

Data Type

Journal Articles

Language

English

Notes

Includes bibliographical references

Record ID

BIM-1051442