• Journal of Intelligence and Information Systems
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• v.17 no.3
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• pp.187-201
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• 2011

KOSPI200 index is the Korean stock price index consisting of actively traded 200 stocks in the Korean stock market. Its base value of 100 was set on January 3, 1990. The Korea Exchange (KRX) developed derivatives markets on the KOSPI200 index. KOSPI200 index futures market, introduced in 1996, has become one of the most actively traded indexes markets in the world. Traders can make profit by entering a long position on the KOSPI200 index futures contract if the KOSPI200 index will rise in the future. Likewise, they can make profit by entering a short position if the KOSPI200 index will decline in the future. Basically, KOSPI200 index futures trading is a short-term zero-sum game and therefore most futures traders are using technical indicators. Advanced traders make stable profits by using system trading technique, also known as algorithm trading. Algorithm trading uses computer programs for receiving real-time stock market data, analyzing stock price movements with various technical indicators and automatically entering trading orders such as timing, price or quantity of the order without any human intervention. Recent studies have shown the usefulness of artificial intelligent systems in forecasting stock prices or investment risk. KOSPI200 index data is numerical time-series data which is a sequence of data points measured at successive uniform time intervals such as minute, day, week or month. KOSPI200 index futures traders use technical analysis to find out some patterns on the time-series chart. Although there are many technical indicators, their results indicate the market states among bull, bear and flat. Most strategies based on technical analysis are divided into trend following strategy and non-trend following strategy. Both strategies decide the market states based on the patterns of the KOSPI200 index time-series data. This goes well with Markov model (MM). Everybody knows that the next price is upper or lower than the last price or similar to the last price, and knows that the next price is influenced by the last price. However, nobody knows the exact status of the next price whether it goes up or down or flat. So, hidden Markov model (HMM) is better fitted than MM. HMM is divided into discrete HMM (DHMM) and continuous HMM (CHMM). The only difference between DHMM and CHMM is in their representation of state probabilities. DHMM uses discrete probability density function and CHMM uses continuous probability density function such as Gaussian Mixture Model. KOSPI200 index values are real number and these follow a continuous probability density function, so CHMM is proper than DHMM for the KOSPI200 index. In this paper, we present an artificial intelligent trading system based on CHMM for the KOSPI200 index futures system traders. Traders have experienced on technical trading for the KOSPI200 index futures market ever since the introduction of the KOSPI200 index futures market. They have applied many strategies to make profit in trading the KOSPI200 index futures. Some strategies are based on technical indicators such as moving averages or stochastics, and others are based on candlestick patterns such as three outside up, three outside down, harami or doji star. We show a trading system of moving average cross strategy based on CHMM, and we compare it to a traditional algorithmic trading system. We set the parameter values of moving averages at common values used by market practitioners. Empirical results are presented to compare the simulation performance with the traditional algorithmic trading system using long-term daily KOSPI200 index data of more than 20 years. Our suggested trading system shows higher trading performance than naive system trading.

• Science of Emotion and Sensibility
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• v.12 no.1
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• pp.77-86
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• 2009

A comfort evaluation of car seat clothing has been proposed for high comforts interior seat clothing. Car seat covers have received wide spread attention due to their man-machine interface working. And then, it will be necessary for measurements on delicate basic mechanical-properties, which closely relate with human touch feeling of its materials. In this research, we have utilized $KES-FB^{(R)}$(Kawabata Evaluation System) series, $^ST300{(R)}$ analogue softness tester and friction tester for measurement a physical properties. In order to consider both kansei and physical properties on interior seat covers, we firstly have established subjective words of judgement for the seat covers. Secondly, related them to the objective measurement of physical properties. Each kansei-language has clearly defined as 'Softness', 'Elasticity', 'Volume' and 'Stickiness' for the adjectives of leather car seat covers. These technical terms have correlated to physical properties in other words, h (mm), bending moment ($gf^*$cm/cm), To-Tm (mm) and ${\mu}$. At this time, fuzzy logic has utilized to predict the value of kansei language through physical values. On the basis of this result, finally it is possible to predict quality index of car seat covers using neural networks technique. In short, we develop a quality evaluation system of car seat clothing combining four physical quantities with kansei engineering.

• Proceedings of the Earthquake Engineering Society of Korea Conference
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• 2000.10a
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• pp.251-260
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• 2000

Seismic performance evaluation systems require rational classification of structure systems, proper evaluation criteria, and their scoring index for synthesis. Current seismic performance systems need expert judgments based on collection of available data, approximate analysis of important items, and various scoring system. This study presents a three-step seismic performance evaluation system for building structures in Korea. Each evaluation step determines the seismic performance and the method depends on the degree of refinement of analysis. The preliminary step evaluation involves the global attributes of structures such as vertical irregularity, asymmetric plan, redundancy, and age of structures. The second step requires an elastic analysis for estimation of forces acting on critical sections and checks the strength and ductility. The final step requires inelastic capacity of structures. Each stephas own evaluation scheme with proper weighing factor dependent on the importance and consequence. This study applies the fuzzy theory to a scoring method that synthesizes the individual quantity to a representative value.

• International Journal of Fuzzy Logic and Intelligent Systems
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• v.1 no.1
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• pp.29-34
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• 2001

This paper is devoted to investigating direct adaptive neural control of nonlinear systems with uncertain or unknown dynamic models. In the direct adaptive neural networks control area, theoretical issues of the existing backpropagation-based adaptive neural networks control schemes. The major contribution is proposing the variable index control approach, which is of great significance in the control field, and applying it to derive new stable robust adaptive neural network control schemes. This new schemes possess inherent robustness to system model uncertainty, which is not required to satisfy any matching condition. To demonstrate the feasibility of the proposed leaning algorithms and direct adaptive neural networks control schemes, intensive computer simulations were conducted based on the flexible joint robot systems and functions.

• Journal of KIISE:Software and Applications
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• v.26 no.1
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• pp.130-130
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• 1999

In this paper, we propose a novel design method for improving performance of existing FCM-type clustering algorithms. First, we define the performance measure which focuses on bothcompactness and separation of clusters. Next, we optimize this measure using evolution program.Especially the proposed method has following merits: ① using evolution program, it solves suchproblems as initialization, number of clusters, and convergence to local optimum ② it reduces searchspace and improves convergence speed of algorithm since it represents chromosome with possiblepotential centers which are selected possible candidates of centers by density measure ③ it improvesperformance of clustering algorithm with the performance index which embedded both compactnessand separation Properties ④ it is robust to noise data since it minimizes its effect on center search.

• International Journal of Fuzzy Logic and Intelligent Systems
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• v.4 no.3
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• pp.337-340
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• 2004

The clustering problem can be formulated as the problem to find the number of clusters and a partition matrix from a given data set using the iterative or non-iterative algorithms. The author proposes a nearest neighbor and validity-based clustering algorithm where each data point in the data set is linked with the nearest neighbor data point to form initial clusters and then a cluster in the initial clusters is linked with the nearest neighbor cluster to form a new cluster. The linking between clusters is continued until no more linking is possible. An optimal set of clusters is identified by using the conventional cluster validity index. Experimental results on well-known data sets are provided to show the effectiveness of the proposed clustering algorithm.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.14 no.24
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• pp.199-206
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• 1991

As the development of modern technology, human works shift whose roll from physical conditions to the system monitoring tasks. In this paper, safety-presentation configuration is discussed instead of well-known fault-warning configuration. Safety-presentation configuration is verified as superior to the fault-warning configuration in hazard prevention. The estimation of system states involves the decision making environments which lack of required in formations and most of all the informations are not precise too. And the limitation of human information processing show doubtful results. So the estimation of system states is regardes as fuzzy number, and its operation produces the parameter that explain the discriminability(d), decision criterion ($\beta$) of system operator's behaviors. These two values served as performance indices. Especially the $\beta$ is a good milestone of the operator's altitude degree of caution.

• Proceedings of the Korean Institute of Intelligent Systems Conference
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• 1993.06a
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• pp.1254-1257
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• 1993

Presented in this paper is a newly developed motion planning method of an autonomous mobile robot(MAR) which can be applied to flexible manufacturing systems(FMS). The mobile robot is designed for transporting tools and workpieces between a set-up station and machines according to production schedules of the whole FMS. The proposed method is implemented based on an earlier developed real-time obstacle avoidance method which employs Kohonen network for pattern classification of sonar readings and fuzzy logic for local path planning. Particulary, a novel obstacle avoidance method for moving objects using a collision index, collision possibility measure, is described. Our method has been tested on the SNU mobile robot. The experimental results show that the robot successfully navigates to its target while avoiding moving objects.

• Proceedings of the Korea Institute of Convergence Signal Processing
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• 2000.12a
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• pp.201-204
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• 2000

This paper describes a study on the time-varying control of parameters in learning of the neural network. Elman recurrent neural network (RNN) is used to implement the control of parameters. The parameters of learning and momentum rates In the error backpropagation algorithm ate updated at every iteration using fuzzy rules based on performance index. In addition, the gain and slope of the neuron's activation function are also considered time-varying parameters. These function parameters are updated using the gradient descent algorithm. Simulation results show that the auto-tuned learning algorithm results in faster convergence and lower system error than regular backpropagation in the system identification.

• Structural Monitoring and Maintenance
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• v.6 no.3
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• pp.173-190
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• 2019

Steel-confined reinforced concrete (SCRC) columns feature highly complex and invisible mechanisms that make damage evaluation and pattern recognition difficult. In the present article, the prevailing acoustic emission (AE) technique was applied to monitor and evaluate the damage process of steel-confined RC columns in a quasi-static test. AE energy-based indicators, such as index of damage and relax ratio, were proposed to trace the damage progress and quantitatively evaluate the damage state. The fuzzy C-means algorithm successfully discriminated the AE data of different patterns, validity analysis guaranteed cluster accuracy, and principal component analysis simplified the datasets. A detailed statistical investigation on typical AE features was conducted to relate the clustered AE signals to micro mechanisms and the observed damage patterns, and differences between steel-confined and unconfined RC columns were compared and illustrated.