relation: https://khub.utp.edu.my/scholars/8820/
title: Market prices trend forecasting supported by Elliott Wave's theory
creator: Vantuch, T.
creator: Zelinka, I.
creator: Vasant, P.
description: The forecasting of the stock markets' trends is one of the most frequently applied point of interests in machine learning (ML) industry from its beginning. The theory of Elliott waves' (EW) patterns based on Fibonacci's ratios is also heavily applied in several trading strategies and tools which are available on the market and also there are many studies based on analysis and application of those patterns. This paper covers market's trend prediction by ML algorithms such as Random Forest and Support Vector Machine. The trend prediction is supported by application of recognized Elliot waves which was performed by custom developed algorithm based on available knowledge about the patterns. The combination of ML algorithms and EW pattern detector achieved significantly higher performance compare to the ML algorithms only.
publisher: EAI
date: 2017
type: Conference or Workshop Item
type: PeerReviewed
identifier:   Vantuch, T. and Zelinka, I. and Vasant, P.  (2017) Market prices trend forecasting supported by Elliott Wave's theory.  In: UNSPECIFIED.     
relation: https://www.scopus.com/inward/record.uri?eid=2-s2.0-85085405496&doi=10.4108%2feai.27-2-2017.152341&partnerID=40&md5=e22794d9c01939a1b48e0fc8f0700aa9
relation: 10.4108/eai.27-2-2017.152341
identifier: 10.4108/eai.27-2-2017.152341