Thats a unique idea.You should consider the following idea to enhance your idea so that it would impact uniquely: A fuzzy time series data representation method based on the Japanese candlestick theory is proposed and used in assisting financial prediction. The Japanese candlestick theory is an empirical model of investment decision. The theory assumes that the candlestick patterns reflect the psychology of the market, and the investors can make their investment decision based on the identified candlestick patterns.  model the imprecise and vague candlestick patterns with fuzzy linguistic variables and transfer the financial time series data to fuzzy candlestick patterns for pattern recognition. A fuzzy candlestick pattern can bridge the gap beten the investors and the system designer because it is visual, computable, and modifiable. The investors are not only able to understand the prediction process, but also to improve the efficiency of prediction results. The proposed approach is applied to financial time series forecasting problem for demonstration. By the prototype system which has been established, the investment expertise can be stored in the knowledge base, and the fuzzy candlestick pattern can also be identified automatically from a large amount of the financial trading data.
['Chiung-Hon Leon Lee', 'Alan Liu', 'WenSung Chen']
I am writing a research paper on a idea Pattern discovery of fuzzy time series for financial prediction
[{"from": "human", "value": "I am writing a research paper on a idea Pattern discovery of fuzzy time series for financial prediction"}, {"from": "gpt", "value": "Thats a unique idea.You should consider the following idea to enhance your idea so that it would impact uniquely: A fuzzy time series data representation method based on the Japanese candlestick theory is proposed and used in assisting financial prediction. The Japanese candlestick theory is an empirical model of investment decision. The theory assumes that the candlestick patterns reflect the psychology of the market, and the investors can make their investment decision based on the identified candlestick patterns.  model the imprecise and vague candlestick patterns with fuzzy linguistic variables and transfer the financial time series data to fuzzy candlestick patterns for pattern recognition. A fuzzy candlestick pattern can bridge the gap beten the investors and the system designer because it is visual, computable, and modifiable. The investors are not only able to understand the prediction process, but also to improve the efficiency of prediction results. The proposed approach is applied to financial time series forecasting problem for demonstration. By the prototype system which has been established, the investment expertise can be stored in the knowledge base, and the fuzzy candlestick pattern can also be identified automatically from a large amount of the financial trading data."}]