The Role of Technical Indicators in the Intraday Prediction of Stock Markets: Artificial Neural Network Models for Borsa Istanbul

In this study, two simulation models have been developed to predict the main stock price index of Borsa Istanbul (BIST100) with an artificial intelligence approach. order analyze role technical indicators in intraday predicting markets, different neural network which parameters are defined input layers. first model, 5 as open (OP), highest (HP), lowest (LP), and moving averages (MA), 3 more added The Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD) average MACD (TRIGGER). 70% data used multi-layer a total 97 sets for training 20% validation 10% testing. results show that both ANN can BIST100 values very low error rates. However, it is seen prediction performance has by defining fewer data, higher than second model. obtained support predictions made stronger between 13:00 16:30.