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Journal : International Journal of Electrical and Computer Engineering

Implementation of recurrent neural network for the forecasting of USD buy rate against IDR Lady Silk Moonlight; Bambang Riyanto Trilaksono; Bambang Bagus Harianto; Fiqqih Faizah
International Journal of Electrical and Computer Engineering (IJECE) Vol 13, No 4: August 2023
Publisher : Institute of Advanced Engineering and Science

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.11591/ijece.v13i4.pp4567-4581

Abstract

This study implements a recurrent neural network (RNN) by comparing two RNN network structures, namely Elman and Jordan using the backpropagation through time (BPTT) programming algorithm in the training and forecasting process in foreign exchange forecasting cases. The activation functions used are the linear transfer function, the tan-sigmoid transfer function (Tansig), and the log-sigmoid transfer function (Logsig), which are applied to the hidden and output layers. The application of the activation function results in the log-sigmoid transfer function being the most appropriate activation function for the hidden layer, while the linear transfer function is the most appropriate activation function for the output layer. Based on the results of training and forecasting the USD against IDR currency, the Elman BPTT method is better than the Jordan BPTT method, with the best iteration being the 4000th iteration for both. The lowest root mean square error (RMSE) values for training and forecasting produced by Elman BPTT were 0.073477 and 122.15 the following day, while the Jordan backpropagation RNN method yielded 0.130317 and 222.96 also the following day. 
Co-Authors Abdullah, Anton Achmad Mauludiyanto Achmad Setiyo Prabowo Achmad Setiyo Prabowo Achmad Setyo Prabowo Adinda Devurgosa Aero Megantara Adyaksa Putra Laksono Agus Dwi Santoso Ahmad Musadek Alvira Nur Aini Anggit Yudha Bagaskara Anton Budiarto Ariyono Setiawan Atala Hunaifi Achmad Ayub Wimatra Bambang Junipitoyo Bambang Riyanto Trilaksono Barkah Rahman Hakim Brilianto Wibisono Budiman Tampubolon Daffa Eka Prasetya Damara Elita Sari Dewa Ketut Bayu Semara Darma Dewi Ratna Sari Dhimas Eko Prasetyo Diah Ika DWI CAHYONO Elly Pudjiastuti Endroyono, E Fatmawati Sabur Fery Budi Cahyono Fiqqih Faizah Fiqqih Faizah Ilwas Dwi Priambodo Imam Suharto, Teguh Irfansyah, Ade Irfansyah, Ade Irham Aden Pamungkas Lady Silk Moonlight Linda Winiasri Lusiana Dewi Kusumayati M. Andra Aditiyawarman Mastar Asran Miftahul Huda Minulya Eska Nugraha Moch. Rifai Moch. Rifai Moch. Rifa’i Mochammad Rifa'i Moh. Ikhwan Syafiqi Muh. Irfan Pratama Muhammad Nur Amin Jabir Muhammad Rifa'i Nirmala Kartikasari, Yudita Novita M Sihotang Nur Jae Priyatna Nyaris Pambudiyanto Nyaris Pambudiyatno Nyaris Pambudiyatno Pambudiyatno, Nyaris Pribadi Asih Rahmad Hermawan Renata Salma Ramadhanty Renato L. Reyhandhika Hadistira Wananda Rifai, Moch. Riski Rachmad Santoso Rizky Yanuar Putra Rohana Safitri Romma Diana P Romma Diana Puspita Romma Diana Puspita Safni Ridho Rahman Satyawira Irkham Setiyo Setiyo Silvia Anggraini sudrajat sudrajat Suhanto Suhanto Suharto, Teguh Imam Sukahir Sukahir Sukahir Sukma, Meita Maharani Teguh Imam Suharto Totok Warsito Totok Warsito Uswatun Thoyyibah Yuyun Suprapto Yuyun Suprapto Yuyun Suprapto