The Methods And Application Of The Program Trading Systems

The program trading has been widely used in the futures market and its the-oretical framework is becoming mature. In foreign securities markets, the program trading is playing a leading role instead of the subjective transactions.Compared with European and American countries.there are significant gaps in the program trading researches due to the late start of the domestic economy. After Stock In-dex Futures had started, each big brokers and other asset management companies launched deep research on program trading system, and program trading system flourished is domestic market.This article makes efforts research the application of program trading system in domestic market from the perspective of positivism. The article shows classical theory of technical analysis and data mining methods, and develops different trading system.This main body of the article is divided into three sections:The first part describes the basic knowledge of the program trading system, in-cluding the composition of the trading system, classification, development processes and trading system evaluation criteria.The second part introduces the classical theory of technical analysis methods, including the MA theory, channel theory, and KD indicators, and develops a trend-ing following system and a shocking system. The CSI300index futures is used to test the trading systems. The results shows that the indicators of the trading systems perform well, and the application in domestic market is completely feasible.This third part introduces the theory of cluster analysis in data mining, and establishes a trading system based on the theory. The result shows that the yield of the trading system is good, and the trading system has High application value.