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...
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
IEEE
2025-01-01
|
| Series: | IEEE Access |
| Subjects: | |
| Online Access: | https://ieeexplore.ieee.org/document/10993393/ |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1849732799710363648 |
|---|---|
| author | Przemyslaw Juszczuk Lech Krus |
| author_facet | Przemyslaw Juszczuk Lech Krus |
| author_sort | Przemyslaw Juszczuk |
| collection | DOAJ |
| description | 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. |
| format | Article |
| id | doaj-art-dfddf8bedcfd49059a088e17049eee4f |
| institution | DOAJ |
| issn | 2169-3536 |
| language | English |
| publishDate | 2025-01-01 |
| publisher | IEEE |
| record_format | Article |
| series | IEEE Access |
| spelling | doaj-art-dfddf8bedcfd49059a088e17049eee4f2025-08-20T03:08:13ZengIEEEIEEE Access2169-35362025-01-0113856988571010.1109/ACCESS.2025.356830010993393A New Multicriteria Approach for the Efficiency Measures on the Forex MarketPrzemyslaw Juszczuk0https://orcid.org/0000-0001-7893-5410Lech Krus1https://orcid.org/0000-0002-5946-9757Systems Research Institute, Polish Academy of Sciences, Warsaw, PolandSystems Research Institute, Polish Academy of Sciences, Warsaw, PolandThis 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.https://ieeexplore.ieee.org/document/10993393/Forex marketmulti-criteria optimizationtrading systems |
| spellingShingle | Przemyslaw Juszczuk Lech Krus A New Multicriteria Approach for the Efficiency Measures on the Forex Market IEEE Access Forex market multi-criteria optimization trading systems |
| title | A New Multicriteria Approach for the Efficiency Measures on the Forex Market |
| title_full | A New Multicriteria Approach for the Efficiency Measures on the Forex Market |
| title_fullStr | A New Multicriteria Approach for the Efficiency Measures on the Forex Market |
| title_full_unstemmed | A New Multicriteria Approach for the Efficiency Measures on the Forex Market |
| title_short | A New Multicriteria Approach for the Efficiency Measures on the Forex Market |
| title_sort | new multicriteria approach for the efficiency measures on the forex market |
| topic | Forex market multi-criteria optimization trading systems |
| url | https://ieeexplore.ieee.org/document/10993393/ |
| work_keys_str_mv | AT przemyslawjuszczuk anewmulticriteriaapproachfortheefficiencymeasuresontheforexmarket AT lechkrus anewmulticriteriaapproachfortheefficiencymeasuresontheforexmarket AT przemyslawjuszczuk newmulticriteriaapproachfortheefficiencymeasuresontheforexmarket AT lechkrus newmulticriteriaapproachfortheefficiencymeasuresontheforexmarket |