Quantitative Trading Strategies Using Python: Technical Analysis, Statistical Testing, and Machine Learning

© The Author(s), under exclusive license to APress Media, LLC, part of Springer Nature 2023

P. LiuQuantitative Trading Strategies Using Pythonhttps://doi.org/10.1007/978-1-4842-9675-2_9

9. Optimizing Trading Strategies with Bayesian Optimization

Peng Liu¹  

(1)

Singapore, Singapore

 

Financial trading employs numerous strategies in order to maximize returns. The effectiveness of these strategies can often hinge on the fine-tuning of the respective parameters, a task that can be both time-consuming and computationally expensive. Bayesian optimization comes into play as a highly efficient method for strategy optimization. It is a model-based optimization algorithm that uses the past evaluation results (in the form of a training set) to form a probabilistic ...