Forex Trading Systems: An Algorithmic Approach to Technical Trading

Abstract

In financial trading, emotion can often obstruct clear decision making. The goal of this project is to build a system which can overcome this by trading foreign currencies autonomously. Three systems were created: two relying on neural networks, and a third on pattern recognition of candlestick charts. A fourth system has been designed to allocate funds to the others using utility theory. Though the algorithms were not profitable, a powerful interface was built, connecting Python scripts to MetaTrader 4 for trading

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