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  • 1
    Electronic Resource
    Electronic Resource
    s.l. ; Stafa-Zurich, Switzerland
    Solid state phenomena Vol. 97-98 (Apr. 2004), p. 59-64 
    ISSN: 1662-9779
    Source: Scientific.Net: Materials Science & Technology / Trans Tech Publications Archiv 1984-2008
    Topics: Physics
    Notes: The goal of this study was to analyze the possibilities of fuzzy neural networks andevolutionary programming methods for creating the human skill based stock trading systems. In stock exchange markets, the relationships between market variables are generally too complex to make rightful trading decisions and to earn stabile profits using classical system theory approach. On the other hand, there are a lot of trading experts-practicians that successfully trade stocks and achieve good results in the stock exchange markets. A useful technique for expert-knowledge extraction is the supervised learning methods, where human-experts actions are mapped usingfuzzy-neural networks. In this paper we outline this procedure. Also we discuss the possibilities for improvement the proposed human skill based stock trading systems. An efficient biological system evolves slowly over the course of hundreds and housands of generations of individuals. Later generations have more fit and are more capable than earlier ones. Similarly, we have used evolutionary techniques to .evolve. the fuzzy-neural network based stock trading system, which is capable to solve the stock trading task more efficiently. Proposed procedure was tested using virtual trading system that uses historical data from US stock markets. The first results confirmed the good opportunities of the proposed approach
    Type of Medium: Electronic Resource
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  • 2
    ISSN: 0930-7516
    Keywords: Chemistry ; Industrial Chemistry and Chemical Engineering
    Source: Wiley InterScience Backfile Collection 1832-2000
    Topics: Chemistry and Pharmacology , Process Engineering, Biotechnology, Nutrition Technology
    Notes: Process models are used to formulate knowledge about process behaviour. They are applied, e.g., to predict the process' future behaviour and for state estimation when reliable on-line measuring techniques to monitor the key variables of the process are not available. There are different sources of information available for modelling, which provide process knowledge in different representations. Some elements or aspects may be described by physically based mathematical models and others by heuristically obtained rules of thumb, while some information may still be hidden in the process data recorded during previous runs of the process. Heuristic rules are conveniently processed with fuzzy expert systems, while artificial neural networks present themselves as a powerful tool for uncovering the information within the process data without the need to transform the information into one of the other representations. Artificial neural networks and fuzzy technology are increasingly being employed for modelling biotechnological processes, thus extending the traditional way of process modelling by mathematical equations. However, a sufficiently comprehensive combination of all these techniques has not yet been put forward. Here, we present a simple way of combining all the available knowledge relating to a given process. In a case study, we demonstrate the development of a hybrid model for state estimation and prediction on the example of a yeast production process. The model was validated during a cultivation performed in a standard pilot-scale fermenter.
    Additional Material: 9 Ill.
    Type of Medium: Electronic Resource
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