Bibliographic Details
| Title: |
Evaluating machine learning models for predictive accuracy in cryptocurrency price forecasting |
| Authors: |
Shavez Mushtaq Qureshi, Atif Saeed, Farooq Ahmad, Asad Rehman Khattak, Sultan H. Almotiri, Mohammed A. Al Ghamdi, Muhammad Shah Rukh |
| Source: |
PeerJ Computer Science, Vol 11, p e2626 (2025) |
| Publisher Information: |
PeerJ Inc., 2025. |
| Publication Year: |
2025 |
| Collection: |
LCC:Electronic computers. Computer science |
| Subject Terms: |
Machine learning, Cryptocurrency, Classification models, Algorithmic trading, Electronic computers. Computer science, QA75.5-76.95 |
| More Details: |
Our research investigates the predictive performance and robustness of machine learning classification models and technical indicators for algorithmic trading in the volatile cryptocurrency market. The main aim is to identify reliable approaches for informed decision-making and profitable strategy development. With the increasing global adoption of cryptocurrency, robust trading models are essential for navigating its unique challenges and seizing investment opportunities. This study contributes to the field by offering a novel comparison of models, including logistic regression, random forest, and gradient boosting, under different data configurations and resampling techniques to address class imbalance. Historical data from cryptocurrency exchanges and data aggregators is collected, preprocessed, and used to train and evaluate these models. The impact of class imbalance, resampling techniques, and hyperparameter tuning on model performance is investigated. By analyzing historical cryptocurrency data, the methodology emphasizes hyperparameter tuning and backtesting, ensuring realistic model assessment. Results highlight the importance of addressing class imbalance and identify consistently outperforming models such as random forest, XGBoost, and gradient boosting. Our findings demonstrate that these models outperform others, indicating promising avenues for future research, particularly in sentiment analysis, reinforcement learning, and deep learning. This study provides valuable guidance for navigating the complex landscape of algorithmic trading in cryptocurrencies. By leveraging the findings and recommendations presented, practitioners can develop more robust and profitable trading strategies tailored to the unique characteristics of this emerging market. |
| Document Type: |
article |
| File Description: |
electronic resource |
| Language: |
English |
| ISSN: |
2376-5992 |
| Relation: |
https://peerj.com/articles/cs-2626.pdf; https://peerj.com/articles/cs-2626/; https://doaj.org/toc/2376-5992 |
| DOI: |
10.7717/peerj-cs.2626 |
| Access URL: |
https://doaj.org/article/cd06bdad02074b718064839c4c8f228d |
| Accession Number: |
edsdoj.06bdad02074b718064839c4c8f228d |
| Database: |
Directory of Open Access Journals |
