{"id":"https://openalex.org/W7160280653","doi":"https://doi.org/10.5753/sbsi.2026.248290","title":"Scalper Major: A Computational Solution for Automated Trading in High Volatility Environments","display_name":"Scalper Major: A Computational Solution for Automated Trading in High Volatility Environments","publication_year":2026,"publication_date":"2026-05-05","ids":{"openalex":"https://openalex.org/W7160280653","doi":"https://doi.org/10.5753/sbsi.2026.248290"},"language":null,"primary_location":{"id":"doi:10.5753/sbsi.2026.248290","is_oa":true,"landing_page_url":"https://doi.org/10.5753/sbsi.2026.248290","pdf_url":"https://sol.sbc.org.br/index.php/sbsi/article/download/41315/41085","source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Proceedings of the Brazilian Symposium on Information Systems (SBSI)","raw_type":"proceedings-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"gold","oa_url":"https://sol.sbc.org.br/index.php/sbsi/article/download/41315/41085","any_repository_has_fulltext":null},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5114878088","display_name":"Jos\u00e9 Jeovane R. Cordeiro","orcid":null},"institutions":[{"id":"https://openalex.org/I4210159484","display_name":"Ian's Friends Foundation","ror":"https://ror.org/05d56bw89","country_code":"US","type":"nonprofit","lineage":["https://openalex.org/I4210159484"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Jos\u00e9 Jeovane R. Cordeiro","raw_affiliation_strings":["IFMA / UFPI"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"IFMA / UFPI","institution_ids":["https://openalex.org/I4210159484"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5135412526","display_name":"Arlino Henrique M. de Ara\u00fajo","orcid":null},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Arlino Henrique M. de Ara\u00fajo","raw_affiliation_strings":["UFPI"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"UFPI","institution_ids":[]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5114878089","display_name":"Guilherme A. Avelino","orcid":null},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Guilherme A. Avelino","raw_affiliation_strings":["UFPI"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"UFPI","institution_ids":[]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":3,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":21.5069,"has_fulltext":true,"cited_by_count":1,"citation_normalized_percentile":{"value":0.99251549,"is_in_top_1_percent":true,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":95,"max":98},"biblio":{"volume":null,"issue":null,"first_page":"41","last_page":"60"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11326","display_name":"Stock Market Forecasting Methods","score":0.35429999232292175,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11326","display_name":"Stock Market Forecasting Methods","score":0.35429999232292175,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.07850000262260437,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13038","display_name":"Internet of Things and AI","score":0.022199999541044235,"subfield":{"id":"https://openalex.org/subfields/1710","display_name":"Information Systems"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/sharpe-ratio","display_name":"Sharpe ratio","score":0.6858000159263611},{"id":"https://openalex.org/keywords/foreign-exchange-market","display_name":"Foreign exchange market","score":0.6004999876022339},{"id":"https://openalex.org/keywords/algorithmic-trading","display_name":"Algorithmic trading","score":0.5609999895095825},{"id":"https://openalex.org/keywords/volatility","display_name":"Volatility (finance)","score":0.5078999996185303},{"id":"https://openalex.org/keywords/technical-analysis","display_name":"Technical analysis","score":0.4472000002861023},{"id":"https://openalex.org/keywords/trading-strategy","display_name":"Trading strategy","score":0.43869999051094055},{"id":"https://openalex.org/keywords/currency","display_name":"Currency","score":0.41589999198913574},{"id":"https://openalex.org/keywords/financial-market","display_name":"Financial market","score":0.4146000146865845}],"concepts":[{"id":"https://openalex.org/C139938925","wikidata":"https://www.wikidata.org/wiki/Q1501898","display_name":"Sharpe ratio","level":3,"score":0.6858000159263611},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.6521000266075134},{"id":"https://openalex.org/C536366893","wikidata":"https://www.wikidata.org/wiki/Q66076","display_name":"Foreign exchange market","level":3,"score":0.6004999876022339},{"id":"https://openalex.org/C78508483","wikidata":"https://www.wikidata.org/wiki/Q139445","display_name":"Algorithmic trading","level":2,"score":0.5609999895095825},{"id":"https://openalex.org/C91602232","wikidata":"https://www.wikidata.org/wiki/Q756115","display_name":"Volatility (finance)","level":2,"score":0.5078999996185303},{"id":"https://openalex.org/C117245426","wikidata":"https://www.wikidata.org/wiki/Q235038","display_name":"Technical analysis","level":2,"score":0.4472000002861023},{"id":"https://openalex.org/C131562839","wikidata":"https://www.wikidata.org/wiki/Q1574928","display_name":"Trading strategy","level":2,"score":0.43869999051094055},{"id":"https://openalex.org/C141121606","wikidata":"https://www.wikidata.org/wiki/Q8142","display_name":"Currency","level":2,"score":0.41589999198913574},{"id":"https://openalex.org/C19244329","wikidata":"https://www.wikidata.org/wiki/Q208697","display_name":"Financial market","level":2,"score":0.4146000146865845},{"id":"https://openalex.org/C186797051","wikidata":"https://www.wikidata.org/wiki/Q60738868","display_name":"Trend following","level":2,"score":0.40310001373291016},{"id":"https://openalex.org/C181622380","wikidata":"https://www.wikidata.org/wiki/Q26911","display_name":"Profit (economics)","level":2,"score":0.3912000060081482},{"id":"https://openalex.org/C2777038186","wikidata":"https://www.wikidata.org/wiki/Q5306028","display_name":"Drawdown (hydrology)","level":4,"score":0.34549999237060547},{"id":"https://openalex.org/C98045186","wikidata":"https://www.wikidata.org/wiki/Q205663","display_name":"Process (computing)","level":2,"score":0.33180001378059387},{"id":"https://openalex.org/C42475967","wikidata":"https://www.wikidata.org/wiki/Q194292","display_name":"Operations research","level":1,"score":0.32280001044273376},{"id":"https://openalex.org/C32896092","wikidata":"https://www.wikidata.org/wiki/Q189447","display_name":"Risk management","level":2,"score":0.3156000077724457},{"id":"https://openalex.org/C101468663","wikidata":"https://www.wikidata.org/wiki/Q1620158","display_name":"Modular design","level":2,"score":0.31310001015663147},{"id":"https://openalex.org/C206729178","wikidata":"https://www.wikidata.org/wiki/Q2271896","display_name":"Scheduling (production processes)","level":2,"score":0.2888000011444092},{"id":"https://openalex.org/C118315980","wikidata":"https://www.wikidata.org/wiki/Q375350","display_name":"Market timing","level":3,"score":0.28859999775886536},{"id":"https://openalex.org/C13736549","wikidata":"https://www.wikidata.org/wiki/Q4489420","display_name":"Industrial engineering","level":1,"score":0.2847999930381775},{"id":"https://openalex.org/C143910263","wikidata":"https://www.wikidata.org/wiki/Q750458","display_name":"Capital market","level":2,"score":0.28459998965263367},{"id":"https://openalex.org/C24683644","wikidata":"https://www.wikidata.org/wiki/Q138372","display_name":"High-frequency trading","level":3,"score":0.2712000012397766},{"id":"https://openalex.org/C193445137","wikidata":"https://www.wikidata.org/wiki/Q471719","display_name":"Market capitalization","level":4,"score":0.2709999978542328},{"id":"https://openalex.org/C179262372","wikidata":"https://www.wikidata.org/wiki/Q778043","display_name":"Electronic trading","level":2,"score":0.26989999413490295}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.5753/sbsi.2026.248290","is_oa":true,"landing_page_url":"https://doi.org/10.5753/sbsi.2026.248290","pdf_url":"https://sol.sbc.org.br/index.php/sbsi/article/download/41315/41085","source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Proceedings of the Brazilian Symposium on Information Systems (SBSI)","raw_type":"proceedings-article"}],"best_oa_location":{"id":"doi:10.5753/sbsi.2026.248290","is_oa":true,"landing_page_url":"https://doi.org/10.5753/sbsi.2026.248290","pdf_url":"https://sol.sbc.org.br/index.php/sbsi/article/download/41315/41085","source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Proceedings of the Brazilian Symposium on Information Systems (SBSI)","raw_type":"proceedings-article"},"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/16","score":0.6596052646636963,"display_name":"Peace, Justice and strong institutions"}],"awards":[],"funders":[],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W7160280653.pdf","grobid_xml":"https://content.openalex.org/works/W7160280653.grobid-xml"},"referenced_works_count":34,"referenced_works":["https://openalex.org/W1534817835","https://openalex.org/W2025053102","https://openalex.org/W2622841169","https://openalex.org/W2761569327","https://openalex.org/W2902148758","https://openalex.org/W2966021938","https://openalex.org/W2981509501","https://openalex.org/W3011847844","https://openalex.org/W3037715530","https://openalex.org/W3047551754","https://openalex.org/W3090987941","https://openalex.org/W3091635796","https://openalex.org/W3111274141","https://openalex.org/W3114272942","https://openalex.org/W3121323813","https://openalex.org/W3132041644","https://openalex.org/W3156761068","https://openalex.org/W3203375555","https://openalex.org/W4243087911","https://openalex.org/W4281642588","https://openalex.org/W4319977987","https://openalex.org/W4378191715","https://openalex.org/W4379643465","https://openalex.org/W4381329412","https://openalex.org/W4385575516","https://openalex.org/W4398250210","https://openalex.org/W4399116677","https://openalex.org/W4399372491","https://openalex.org/W4399769145","https://openalex.org/W4399939037","https://openalex.org/W4402593312","https://openalex.org/W4403331846","https://openalex.org/W4403676259","https://openalex.org/W7128297985"],"related_works":[],"abstract_inverted_index":{"Research":[0,154],"Context:":[1],"The":[2,126,156,167,219,238],"foreign":[3],"exchange":[4],"(Forex)":[5],"market":[6,187],"is":[7,28,128],"the":[8,14,35,71,79,103,131,163,257],"largest":[9],"and":[10,20,34,59,82,111,119,145,185,213,233],"most":[11],"liquid":[12],"in":[13,44,70,102,160,240],"world,":[15],"characterized":[16],"by":[17,31,251],"high":[18],"volatility":[19],"continuous":[21],"operation.":[22],"In":[23],"this":[24],"environment,":[25],"human":[26],"decision-making":[27],"often":[29],"compromised":[30],"emotional":[32],"biases":[33],"limited":[36],"ability":[37],"to":[38,99,137,229,235,242],"process":[39],"large":[40],"amounts":[41],"of":[42,62,133,190,196,206,211,217,222,256],"information":[43,134],"real":[45],"time.":[46],"Scientific":[47],"and/or":[48,87],"Practical":[49],"Problem:":[50],"Traditional":[51],"trading":[52,96,263],"strategies":[53],"have":[54],"weaknesses,":[55],"including":[56],"delayed":[57],"signals":[58],"a":[60,203,208,214,248,253],"lack":[61],"robust":[63],"risk":[64,118],"metrics.":[65],"Furthermore,":[66],"many":[67],"existing":[68],"studies":[69],"literature":[72],"focus":[73],"only":[74],"on":[75,130,162,174],"cumulative":[76],"return,":[77],"neglecting":[78],"risk-return":[80,226],"trade-off":[81],"practical":[83],"applicability.":[84],"Proposed":[85],"Solution":[86],"Analysis:":[88],"This":[89],"work":[90],"presents":[91,247],"Scalper":[92,198],"Major,":[93],"an":[94,193,244],"automated":[95,138,262],"system":[97,157],"designed":[98],"operate":[100],"consistently":[101],"Forex":[104],"market.":[105],"Its":[106],"modular":[107],"architecture":[108],"integrates":[109],"technical":[110,141],"managerial":[112],"heuristics,":[113,144],"as":[114,116,148],"well":[115],"strict":[117],"capital":[120,195],"management":[121],"mechanisms.":[122],"Related":[123],"IS":[124,236],"Theory:":[125],"research":[127],"based":[129],"principles":[132],"systems,":[135],"applied":[136],"decision-making,":[139],"aligning":[140],"indicators,":[142],"computational":[143],"financial":[146],"metrics":[147],"reliable":[149],"support":[150],"tools":[151],"for":[152,261],"investors.":[153],"Method:":[155],"was":[158,169],"implemented":[159],"MQL5":[161],"MetaTrader":[164],"5":[165],"platform.":[166],"evaluation":[168,259],"conducted":[170],"through":[171],"eight-year":[172],"backtests":[173],"four":[175],"major":[176],"currency":[177],"pairs,":[178],"taking":[179],"into":[180],"account":[181],"commissions,":[182],"execution":[183],"delays,":[184],"various":[186],"scenarios.":[188],"Summary":[189],"Results:":[191],"With":[192],"initial":[194],"$20,000.00,":[197],"Major":[199],"achieved":[200],"significant":[201],"results:":[202],"net":[204],"profit":[205],"$751,533.23,":[207],"win":[209],"rate":[210],"82.54%,":[212],"maximum":[215],"drawdown":[216],"9.43%.":[218],"Sharpe":[220],"Ratio":[221],"1.63":[223],"demonstrates":[224],"superior":[225],"efficiency":[227],"compared":[228],"related":[230],"studies.":[231],"Contributions":[232],"Impact":[234],"area:":[237],"study,":[239],"addition":[241],"proposing":[243],"operational":[245],"tool,":[246],"methodological":[249],"advancement":[250],"creating":[252],"novel":[254],"compilation":[255],"main":[258],"indicators":[260],"systems.":[264]},"counts_by_year":[{"year":2026,"cited_by_count":1}],"updated_date":"2026-06-11T09:08:48.828518","created_date":"2026-05-06T00:00:00"}
