Creation of a Neural Network Algorithm for Automated Collection and Analysis of Statistics of Exchange Quotes Graphics
2020
Currently, the problem of automated data analysis and statistics collection from stock quotation charts has not been fully resolved. Most of the analysis of visual data falls on the physical work of the analyst, or on obsolete software solutions. The process of summarizing the information received from financial markets still requires physical attention and labor, which increases the risks associated primarily with the human factor and corresponding errors. An algorithm has been developed and tested for the automated collection of statistics from graphs of stock quotes, including data on the development and context of various figures (patterns) of technical analysis, as well as an improved adaptation and tracking system for the trend. The modeling process, analysis and the results of applying the analysis algorithm and statistics collection are presented. The developed algorithm works in conjunction with the previously created neural network pattern detector, which allows to automatically search for the exact boundaries of technical analysis figures of various sizes, analyze the context in front of them and play the patterns. This makes it possible to obtain important statistics that allow one to determine the degree of confidence in emerging patterns, taking into account their type, context, and other factors. In terms of accuracy and efficiency, the developed algorithm meets the existing challenges in the financial markets and can significantly increase the efficiency of the trader or investor through the automated processing of graphic and visual data. The created solution is universal in nature and can be applied to any capital market, regardless of the location and nature of the assets placed. The results can be used both to improve the accuracy of existing trading strategies, and for the analytical work of financial market participants. The use of new technologies for statistical processing of information can significantly improve the accuracy of investment and trade decisions.
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