Franses, Philip Hans; van Griensven, Kasper - In: Studies in Nonlinear Dynamics & Econometrics 2 (1998) 4
We examine the performance of artificial neural networks (ANNs) for technical trading rules for forecasting daily exchange rates. The main conclusion of our attempt is that ANNs perform well, and that they are often better than linear models. Furthermore, the precise number of hidden layer units...