Analyses on W&R and BIAS Expert System of Stock-Market Software

Article Preview

Abstract:

According to extensive quantity of public and factual data, this essay does tests on BIAS and W&R expert system of stock-market trading software in simulation experiment method, and compares their strength and weakness in the respect of mathematical statistics theory and Management objects, winning rate, annual return rate and net profit rate. The tests show that BIAS expert system is 2.58 times as good as W&R expert system in the items of annual return rate and net profit rate, 0.26 times in the item of the total number of trading. As a whole, BIAS expert system is superior to W&R expert system.

You might also be interested in these eBooks

Info:

Periodical:

Pages:

2391-2394

Citation:

Online since:

October 2013

Export:

Price:

Permissions CCC:

Permissions PLS:

Сopyright:

© 2013 Trans Tech Publications Ltd. All Rights Reserved

Share:

Citation:

* - Corresponding Author

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

Google Scholar

[2] http: /en. wikipedia. org/wiki/Bias_ratio_(finance).

Google Scholar

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

Google Scholar

[4] D. Y. Xiang: BIAS ratio empirical analysis on SHENZHEN & SHANGHAI, ,Statistics and Decision(in Chinese), 2001 (10), p.250.

Google Scholar

[5] G. S. Zhang: Shares of head prediction method, Journal of Economic Management(in Chinese), 1997 (1), pp.38-39.

Google Scholar