Applying induced aggregation operator in designing intelligent monitoring system for financial market

Financial intelligent monitoring system is emerging new research area and also has great commercial potentials. Traditional technical analysis relies on some statistics including technical indicators to determine turning point of the trend. Despite the fact that financial markets conform to some mathematical concepts and cause it to be analyzed with different Artificial Intelligence (AI) algorithms, this paper headed for applying Induced Ordered Weighted Averaging (IOWA) operator in order to support trading decisions based on technical analysis in Foreign Exchange Market.