Neural Nets..

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Hi,

I have read most articles on NNs, and I am fascinated by them. :)

I am looking more at analysing the major fx pairs going back 10 years and trying to find any patterns.

Has anybody used NNs for candlestick analysis, if so; how did you get on and can offer any advice?

davefx

 

Iteresting topic.

Hm lets see what good advicec i have regarding this:

  1. Are you sure you are willing to trust a 'black box' system giving you trading advices?
  2. Define the goals the NN should reach
  3. Select the needed NN for the problem
  4. Use stationary data!!!
  5. Find a way to detect overoptimisation. (Out of sample tests, Monte carlo simulations or similar stuff)

Additionally a few personal experiences:

  1. Do not try to predict the price, binary decisions worked quite better for me
  2. Maybe a combination of NN could be a way to go. (1 for trenddetection, 1 for entry signals, 1 for exit signal ecc)
  3. You probably need to find a way to train thme (and charactersize the results) individually

I was never able to make consistent wins on demo accounts so i never let them go live. Maybe i used the wrong nets or my implementation was not well designed. Or maybe there is no underlying patter which can be exploited in the long run.

You probably need a lot of programming experience and you should be able to write dll's.

I am very interested in the topic, NN where always one of my favorites. Maybe i will give it a shot again. Need to try that java bridge first

 

This one looks good article but it is in Russian and Mql5 https://www.mql5.com/ru/articles/366 .Maybe moderators might want to translate

into English

 
yacoov:

This one looks good article but it is in Russian and Mql5 https://www.mql5.com/ru/articles/366 .Maybe moderators might want to translate

into English

Or you could try

http://babelfish.yahoo.com/

which does translate webpages to English, sort of.

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