On the W&R and RSI Expert Systems of Securities Software

Abstract:

Using the method of statistical experiment and based on real and open data of securities, the research conducted a test to the W&R and RSI expert system of securities trading software. Taking annual net profit margin, rate of return, and win rate as the management objectives, the research compared and analyzed the two similar reversal trend indicators on the basis of mathematic statistics theories, and achieved results that the annual rate of return and net profit margin of the RSI expert system are superior to that of the W&R expert system for 4.72 times, and that the annual number of trades of RSI is superior to that of W&R for 0.893 times.

• Periodical: Applied Mechanics and Materials (Volumes 433-435)
• Pages: 1685-1688
• DOI: https://doi.org/10.4028/www.scientific.net/AMM.433-435.1685
• Online since: October 2013
• Authors: Pin Wang, Hai Ping Huang*
• Keywords: Expert System, RSI, W&R

References

[1] http: /en. wikipedia. org/wiki/Williams_%25R.

[2] http: /en. wikipedia. org/wiki/Relative_Strength_Index.

[3] C. S. Li: On the Effectiveness of the W&R in Technical Analysis, Commercial Times(in Chinese), 2013 (7), pp.70-71.

[4] P. WANG: Consideration-oriented RSI Investment Decision, Journal of Quantitative Economics(in Chinese), Vol. 29 No. 1, pp.25-29, (2012).

[5] H. P. HUANG: Discussions on Securities Software Expert System MA and RSI, Advanced Materials Research Vols. 798-799 (2013) pp.757-760.

DOI: 10.4028/www.scientific.net/amr.798-799.757

[6] P. WANG: Empirical Analysis on RSI Trading System Based on Historical Data, Securities & Futures of China(in Chinese), (2011) No. 09, pp.33-34.