Sr NO.

Published Year Paper Author Executive Summary

1 2016 EDUARDO A. GERLEIN In this paper the author discusses the uses of Machine Learning i
2 2016 Jacek Mandziuk In this paper the author proposed a neuro-genetic system for tra
3 2017 Jerzy Korczak In
In this
this paper
paper the
the author
author proposed a deel
discuss that learning
the forex model
market impleme
is the large
4 2017 Svitlana Galeshchuk predictions. Time series models provide point estimates for
In this paper the author introduce a automated trading system. W short
5 2018 Dimitrios Vezeris enough, a trader could use in their technical analysis/trading stra
6 2018 Swagat Ranjit In this paper the author forecasting forex market data by using d
7 2019 Lina Ni In this paper the author proposes a C-RNN forecasting method fo
8 2019 Francesco Rundo In this paper the author propose the use of an algorithm based b
9 2020 Ismael Orquín-Serrano In
In this
this paper
paper the
the author introduce
author using a method
machine in which
learning the forex
classification andp
10 2021 Adesola Adegboye financial market traders is the ability to identify trends in the ma
 uses of Machine Learning in different real time problems that how Machine Learning solve different problems. The author implement ML
euro-genetic system for trading on Forex Market. The proposed method was tested 3 years with very promising results of both average an
eel learning
he forex model
market implemented
is the as agent
largest financial and is
market inused for supporting
the world trading
and accuracy decision onforex
of forecasting forexrates
market. The tradingelement.
is a necessary agent is For
known
this as
thetradin
auth
de point estimates for short term rates with acceptable error levels, but are unreliable in predicting the direction of change. The
utomated trading system. When a trader trades on an asset and it moves opposite to its prediction then it will be a high loss. In this resear success of
chnical analysis/trading strategy for Stop Loss and Take Profit without interfering with the rest of their strategy.
rex market data by using different algorithms like Artificial Neural Network(ANN) and Recurrent Neural Network(RNN). RNN is a type of ne
RNN forecasting method for forex time series data based on deep RNN and deep CNN which can further improve the prediction accuracy
use of an algorithm based both on supervised deep learning and on a reinforcement learning algorithm for forecasting the short term trend
method in which
e learning the forex
classification andprice or chart
regession predictions
models will be on
for predicting candle stick
directional patterns.
changes The
trend authorintest
reversal thismarkets.
forex strategyInonthis
EURUSD
paper pair. In this
propose a dip
o identify trends in the market and predict peaks and troughs of these trends to maximise trading returns with minimal associated risk. A
ms. The author implement ML model on forex market to find hidden the hidden patterns and relationship among them. The usefulness of s
sing results of both average and worstcase performace. The goal of this paper is to evaluation of a neuro-genetic system for short-term pre
adingelement.
sary agent is For
known
this as
thetrading
authorbot which do
introduce thetrades
deep by their
CNN own detect
to predict different of
the direction patterns
changeand models.
in forex In this
rates, paper
for the theEURUSD,
pairs deep learning
GBPUSD mo
tion
ill beof change.
a high loss.The success
In this of deep
research networks
author testedinand
difficult prediction
compared problems
6 different have
TP and SL been well documented.
strategies in combination Our experimental
with results
an algorithmic shows
trading
gy.
work(RNN). RNN is a type of neural network that have feedback connections. After predicting the forex data the author will compare the r
prove the prediction accuracy of deep learning algorithm for the time series data of exchange rate. On the exchange rate data of nine majo
orecasting the short term trends in forex market. The author implemet the algorithm on the market in 1M time frame. It's shortest time fra
tegyInonthis
ets. EURUSD
paper pair. In this
propose paper the
a direction authorbased
change the discuss different
framework whichcandle
uses stick patterns
machine for price
learning prediction
algorithms in forex
to predict market.
when Thewill
a trend single ca
revers
ith minimal associated risk. A traditional approach used by traders is technical analysis. In this approach, traders use mathematical calcula
mong them. The usefulness of simple ML models applied to trading scenarios, to verify if it is possible to obtain consistently profitable retur
netic system for short-term prediction of EURUSD on the forex market. Forex stands for FOReign EXchange market and is the largest globa
his paper
or the theEURUSD,
pairs deep learning
GBPUSD model
and is implemented
JPYUSD. instrategies
Effective agent. Deep
forLearning
trading inproved to be
the forex a powerful,
market requireefficient
accurate and robust financial
forecasting time
of trends in ser
the
Our experimental results show that deep convolution neural networks may achieve significantly higher classification accuracy in predicting
n with an algorithmic trading system. With the results of these comparisons, we aim to provide some practical insights into every day trad

the author will compare the results and see which network has better accuracy. Different ANN architecture models like Feed forward neu
xchange rate data of nine major foreign exchange currencies, the experimental comparison of the forecasting method shows that the C-RN
me frame. It's shortest time frame in forex market. On 1M timeframe the results shows the accuracy of 99.9%.The author forecast the pre
in forex
redict market.
when Thewill
a trend single candle
reverse. A stick
majorpattern like faced
challenge Doji, Hammer,
by Hanging Man, Marobozu and spinning top. The 2 candle stick patterns l
ders use mathematical calculations in identifying and predicting repeating trends in historic data sampled in predetermined physical-time
 in consistently profitable returns while taking advantage of the computational simplicity of binary classification models. An extensive set o
market and is the largest global market in terms of volume of trading. A decentralized nature of Forex, with different participants coming fr
tte
and robust financial
forecasting time
of trends in series forecasting
the short model.
term (Lukas This model
& Taylor, 2007).helps achieve better
Econometric modelsperformance than
work well only forMLP
longmodel.
term Experiments have sho
fication accuracy
al insights in predicting
into every theabout
day traders direction
whichof Take
change in foreign
Profit and Stopexchange rates. to incorporate with an existing MACD strategy and which
Loss technics

models like Feed forward neural network, Simple Recurrent Neural Network (SRNN), Gated Recurrent Unit (GRU) and Long Short Term M
g method shows that the C-RNN foreign exchange time series data prediction method constructed in this paper has better applicability an
%.The author forecast the previous 5 years of data currency pairs like EURUSD, GBPUSD and EURGBP. But on bigger time frames this strate
p. The 2 candle stick patterns like Engulfing and 3 candle stick patterns like morning star, shooting star and three white soldiers etc. By app
predetermined physical-time interval. This paper presented a new framework, where we used different machine learning algorithms for c
 on models. An extensive set of trading simulations in the FOREX market was conducted in which six ML models were used to classify a set
ifferent participants coming from all over the world, makes its average daily turnover equal to $5.3 trillion (in 2013). The foreign exchange
model. Experiments have shown that the error rate of time series forecasting has dropped significantly with CNN compared to other mod
ting MACD strategy and which to avoid. In this research, it is concluded that it is generally less profitable to keep positions open during we

GRU) and Long Short Term Memory (LSTM) were used. This paper investigates prediction of Nepalese currency against American Dollar, E
per has better applicability and higher accuracy. Based on the two deep learning algorithms of cycle and convolution, the prediction meth
n bigger time frames this strategy won't show so much accuracy.
hree white soldiers etc. By applying these patterns on market we analyze the market where patterns are make or it's uptrend or downtren
chine learning algorithms for classification and regression in DC-based summaries, to predict end of trend. This then enabled us to develop
dels were used to classify a set of instances constructed from historical price data for USDJP, EURUSD and EURGPB currency pairs. The resu
n 2013). The foreign exchange market differs from the stock markets in many ways which makes it unique. The underlying assumption of t
CNN compared to other models. An important advantage of deep learning applications that makes them attractive to stock trading and re
keep positions open during weekends. Another conclusion we reached is that Take Profit strategies based on faster take profit signals on M

ncy against American Dollar, Euro and Pound Sterling using different ANN model. Results shows that LSTM model can predict the foreign e
volution, the prediction method of CRNN forex time series data is constructed. The experimental comparison and analysis proves the effe

ke or it's uptrend or downtrend. The result of these patterns are quiet good enough. But traders may confuse when more than 1 patterns w
his then enabled us to develop profitable and low-risk trading strategies, which were able to outperform six benchmarks, including other D
 RGPB currency pairs. The result of the classification was interpreted as a prediction and used to simulate a series of orders over a trading
he underlying assumption of the system is that financial and commodity data used for prediction on global markets has only limited time o
ttractive to stock trading and researchers is the wide availability of high quality open source software, libraries and computation facilities. L
n faster take profit signals on MACD are not far better than a simple MACD strategy. It also showed that among the different Stop Loss stra

model can predict the foreign exchange rates and have better performance than the other models. Different experiments were performed
n and analysis proves the effectiveness of the prediction method. It provides certain theoretical and practical value for the application of d

e when more than 1 patterns will make on chart and the don't follow the which one.
benchmarks, including other DC-based trading strategies, technical analysis, and buy and hold.
 eries of orders over a trading period of six years. While the paper does not attempt to incorporate new theoretical contribution in the mo
markets has only limited time of applicability and, therefore, the input data used for prediction should be changing in time and potentially
s and computation facilities. Learning mode constitutes the main disadvantage of using Deep Learning Model, it is a time consuming proce
ng the different Stop Loss strategies based on ATR windows. the MACD Indicator is used quite prevalently by a lot of traders and results ar

experiments were performed by changing the number of hidden neurons until the best result was found. After several experiments with d
al value for the application of deep learning in the foreign exchange market.
 retical contribution in the model construction
anging in time and potentially as divers as possible. To this end, the proposed system employs GA ( Good Accuracy ) in the quest for a large
el, it is a time consuming process with a negative effect when near real time trading is applied.
y a lot of traders and results are general

fter several experiments with different network architectures, LSTM gave the most accurate results in terms of MAE. We would like to add
uracy ) in the quest for a large pool of diverse data.

of MAE. We would like to add more parameters on input for more accurate prediction and also minimize time, space complexity for proce
e, space complexity for processing ANN architecture.