Web-Based Decision Support Systems Application of Stock Recommendation Using Bayesian Methods
Author(s) -
Nina Sevani,
Maria Ariesta
Publication year - 2014
Publication title -
jurnal inkom
Language(s) - English
Resource type - Journals
ISSN - 2302-6146
DOI - 10.14203/j.inkom.302
Subject(s) - computer science , bayesian probability , web application , transaction data , database transaction , stock (firearms) , decision support system , profit (economics) , data mining , econometrics , operations research , database , artificial intelligence , mathematics , world wide web , economics , engineering , mechanical engineering , microeconomics
We propose an application that can support traders by providing recommendation about the right stock transaction. The expected impact from this application is to reduce the risk of loss, even achieve the maximum profit for traders who use this application. Recommendation that resulted by application is based on Bayesian methods calculation and four technical analysis indicators that most commonly used by stock experts, i.e. Bollinger Bands, Moving Average Convergence Divergence (MACD), Relative Strength Index (RSI), and Stochastic Oscillator. Methodology used in this paper consists of data collection, data analysisa, application design, implementation, and testing. From the results of application testing, the accuracy of the application is 87,37%.
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