Issue No.05 - September/October (2004 vol.24)
pp: 45-55
Keith V. Nesbitt , Charles Sturt University
Data mining large abstract data sets for useful patterns is an attractive proposition. It might, for example, reveal useful trading rules in stock market data. Perceptual data mining tools present the data to the user's senses (vision, hearing, touch) in a way that the user can search for useful patterns. This article describes the design of a new visual and auditory display for stock market data. The display is designed as a tool to help day traders detect new rules for trading depth of market data. An experimental evaluation of the display revealed that nonexperts could use it to predict stock price movements significantly better then by chance.
multisensory, visualization, sonification, stock market, data mining
Keith V. Nesbitt, "Finding Trading Patterns in Stock Market Data", IEEE Computer Graphics and Applications, vol.24, no. 5, pp. 45-55, September/October 2004, doi:10.1109/MCG.2004.28
1. S.K. Card et al., Readings in Information Visualization: Using Vision to Think, Morgan Kaufmann, 1999.
2. S. Barrass, "Auditory Information Design," doctoral dissertation, Dept. of Computer Science, Australian Nat'l Univ., 1997.
3. G. Kramer, "An Introduction to Auditory Display," Auditory Display: Sonification, Audification and Auditory Interfaces, vol. XVIII, G. Kramer, ed., Addison-Wesley, 1994, pp. 1-78.
4. K.V. Nesbitt, Designing Multi-Sensory Displays for Abstract Data, doctoral dissertation, Dept. of Computer Science, School of Information Technologies, Univ. of Sydney, Australia, 2003.
5. M.R. McGee, P.D. Gray, and S.A. Brewster, "The Effective Combination of Haptic and Auditory Textural Information," Proc. 1st Workshop on Haptic Human–Computer Interaction, Springer, 2001, pp. 33-38.
6. C. Nicholson, "Technical Analysis," Course Notes E114, Securities Inst. and Australian Tech. Analysts Assoc., 1999.
7. W. Jungmeister and D. Turo, Adapting Treemaps to Stock Portfolio Visualisation, tech. report, CS-TR-2996 , Dept. of Computer Science, Univ. of Maryland, 1992.
8. W. Wright, "Information Animation Applications in the Capital Markets," Proc. IEEE Information Visualization Symp., IEEE CS Press, 1995.
9. S.P. Frysinger, "Applied Research in Auditory Data Representation," Extracting Meaning from Complex Data: Proc. SPIE/SPSE Symp. Electronic Imaging, vol. 1259, E. Farrell, ed., SPIE, 1990, pp. 130-139.
10. S.A. Brewster and R. Murray, "Presenting Dynamic Information on Mobile Computers," Personal Technologies, vol. 4, no. 2, 2000, pp. 209-212.
11. J.G. Neuhoff, G. Kramer, and J. Wayand, "Pitch and Loudness Interact in Auditory Displays: Can The Data Get Lost In The Map?" J. Experimental Psychology Applications, vol. 8, no. 1, Mar. 2002, pp. 17-25.
12. O. Ben-Tal, M. Daniels, and J. Berger, De Natura Sonoris: Sonification of Complex Data, World Scientific and Eng. Soc., 2001.