Finding Trading Patterns in Stock Market Data

Keith Nesbitt, Stephen Barrass

    Research output: Contribution to journalArticle

    33 Citations (Scopus)

    Abstract

    This article describes our design and evaluation of a multisensory human perceptual tool for the real-world task domain of stock market trading. The tool is complementary in that it displays different information to different senses - our design incorporates both a 3D visual and a 2D sound display. The results of evaluating the tool in a formal experiment are complex. The data mined in this case study is bid-and-ask data - also called depth-of-market data - from the Australian Stock Exchange. Our visual-auditory display is the bid-ask-land-scape, which we developed over much iteration with the close collaboration of an expert in the stock market domain. From this domain's perspective, the project's principal goal was to develop a tool to help traders uncover new trading patterns in depth-of-market data. In this article, we not only describe the design of the bid-ask-landscape but also report on a formal evaluation of this visual-auditory display. We tested nonexperts on their ability to use the tool to predict the future direction of stock prices.
    Original languageEnglish
    Pages (from-to)45-55
    Number of pages11
    JournalIEEE Computer Graphics and Applications
    Volume24
    Issue number5
    DOIs
    Publication statusPublished - 2004

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    Display devices
    Financial markets
    Acoustic waves
    Experiments

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    Nesbitt, Keith ; Barrass, Stephen. / Finding Trading Patterns in Stock Market Data. In: IEEE Computer Graphics and Applications. 2004 ; Vol. 24, No. 5. pp. 45-55.
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    Finding Trading Patterns in Stock Market Data. / Nesbitt, Keith; Barrass, Stephen.

    In: IEEE Computer Graphics and Applications, Vol. 24, No. 5, 2004, p. 45-55.

    Research output: Contribution to journalArticle

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