# Ordered Fuzzy Candlesticks

@inproceedings{Marszalek2017OrderedFC, title={Ordered Fuzzy Candlesticks}, author={Adam Marszalek and Tadeusz Burczynski}, booktitle={Theory and Applications of Ordered Fuzzy Numbers}, year={2017} }

The purpose of this chapter is to present how Ordered Fuzzy Numbers (OFNs) can be used with financial high-frequency time series. Considering this approach the financial data are modeled using OFNs called further ordered fuzzy candlesticks. Their use allows modeling uncertainty associated with financial data and maintaining more information about price movement at an assumed time interval than compared to commonly used price charts (e.g., Japanese Candlestick chart). Furthermore, in a simple…

## 5 Citations

On Ordered Fuzzy Numbers Generated By Time Series.

- Computer Science
- 2020

A new trapezoidal ordered fuzzy number representation of windowed time series based on the idea of a Japanese candlestick to those previously proposed in the literature to offer further insight into many other data driven situations is proposed.

On Approximation of Any Ordered Fuzzy Number by A Trapezoidal Ordered Fuzzy Number

- Computer ScienceSymmetry
- 2018

The purpose of the study is to propose some methods of approximating any order fuzzy number using a trapezoidal ordered fuzzy number, and these methods are currently used in such multi-criterial decision making models as financial portfolio management, evaluation of negotiations offers, the fuzzy TOPSIS model, and the fuzzy SAW model.

Revision of the Kosiński's Theory of Ordered Fuzzy Numbers

- Computer ScienceAxioms
- 2018

The Kosinski’s theory is modified in this way that the space of ordered fuzzy numbers is closed under revised arithmetic operations and it is shown that the multiple revised sum of finite sequence ofordered fuzzy numbers depends on its summands ordering.

On Present Value Evaluation under the Impact of Behavioural Factors Using Oriented Fuzzy Numbers

- EconomicsSymmetry
- 2021

The main aim of the paper is to propose some method of soft computing PV evaluated under the impact of behavioural factors, called the oriented BPV (O-BPV), which is evaluated by oriented fuzzy numbers which are more useful for portfolio analysis than fuzzy numbers.

An Alternative Fuzzy Logic Inference Method on the Example of a PID Controller

- Computer ScienceLecture Notes in Networks and Systems
- 2022

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