A New Multicriteria Approach for the Efficiency Measures on the Forex Market
This paper presents a multi-criteria optimization approach for decision support in the forex market. Decision-makers using technical analysis encounter numerous signals generated by market indicators across various instruments—currency pairs. However, typical online trading systems often...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
IEEE
2025-01-01
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| Series: | IEEE Access |
| Subjects: | |
| Online Access: | https://ieeexplore.ieee.org/document/10993393/ |
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| Summary: | This paper presents a multi-criteria optimization approach for decision support in the forex market. Decision-makers using technical analysis encounter numerous signals generated by market indicators across various instruments—currency pairs. However, typical online trading systems often lack the capability to validate these signals within a multi-criteria space. This paper introduces a system concept that evaluates signals according to different efficiency measures. A corresponding multi-criteria optimization problem is formulated and solved to select only Pareto-optimal decision variants concerning these efficiency measures. The proposed concept has been implemented using different efficiency measures in an experimental computer-based system and tested through numerical experiments, yielding positive results. |
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| ISSN: | 2169-3536 |