Build Neural Network Indicator in MT4 using Neuroshell

This is a discussion on Build Neural Network Indicator in MT4 using Neuroshell within the Trading Software forums, part of the Commercial category; So if I understand correct one can use a neural net to train a set of data. nets would perform ...

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Old Jun 30, 2010, 4:34pm   #239
Joined Mar 2009
Re: Build Neural Network Indicator in MT4 using Neuroshell

So if I understand correct one can use a neural net to train a set of data.
nets would perform better if trained on small information of data with repetative patterns.

Hence if i were to use neuroshell and wish to train a net to learn the double top and bottoms then I need to extract data which has got similar repetative patterns and train my net on that data? correct me if i am wrong?
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Old Jul 14, 2010, 2:51pm   #240
Joined Feb 2008
Re: Build Neural Network Indicator in MT4 using Neuroshell

arryex started this thread Hi Supremegizmo,

I think, if we can define (or let NSDT to make it for you) when the double top and bottoms are occurred, for example based on %change of Close value between base, double top and bottoms, what are difference values between these tops/bottoms then you may trigger your signal.

You can use the available indicators within NSDT for detecting candlestick (bullish/bearish continuation/reversal).

Sorry for the late reply.

Arryex
www.ai-traders.org
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Old Jul 14, 2010, 3:09pm   #241
Joined Feb 2008
Re: Build Neural Network Indicator in MT4 using Neuroshell

arryex started this thread Dear All,

As previously stated that I will shown you how Chaos Hunter generating signal within NSDT, here I put my own trading signal. Currently my real trading profit is almost increasing more than 14%.

You may use as well MT4 data if you want.

regards,
Arryex
www.ai-traders.org
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Old Jul 15, 2010, 5:40pm   #242
 
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Joined May 2010
Re: Build Neural Network Indicator in MT4 using Neuroshell

Hello arryex , Very interested in Chaoshunter , please keep testing about it.
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Old Jul 26, 2010, 5:19pm   #243
 
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Joined Apr 2009
Re: Build Neural Network Indicator in MT4 using Neuroshell

Hi

I bought VantagePoint for USD 2500 and am not able to make money it. After some time I gave up to trade the predicted highs and lows because it was just so wrong.
I really liked the idea but the problem is, that this software does not work in real time.

Thus, I got Neuroshell Trader and also a MT4 NN indicator which i am currently testing.
But if you are not much of a developer NS might not be the answer.
There are other NN tools for Tradestation and Ninjatrader which I might try.
In general, the tools for MT are completely inferior to the other two platforms. Just look at the prices they are able to charge. I think people waste their time in insisting in using MT. Unfortunately, it is still the most practical solution for FX....



Quote:
Originally Posted by arryex View Post
Anybody know about VantagePoint's Intermarket Anaylisis?

As explained in the book "Trend Forecasting with Technical Analysis" by Louis Mendelsohn, intermarket analysis provide more precise trading strategies.

Based on given inputs, there 5 Neural Networks are produced: 1. predicted 1 bar high (PHigh), 2. predicted 1 bar low (Plow), 3. predicted short term 2 bar SMA5 (PTS), 4. predicted medium term 4 bars SMA10 (PTM), 5. Neural Index (based on difference between predicted 1bar and actual SMA3).

Additional indicators PTS Diff (PTS-actual SMA5) and PTM Diff (PTM-actual SMA10), PHigh Diff (PHigh - High) and PLow Diff(PLow-Low). Unfortunately, I could not found how to get "Strength Index".

Neural Network Inputs: for EURUSD chart daily.
Open,High,Low,Close,Volume,AUDJPY, AUDUSD, EURCAD,GBPJPY, GBPUSD,,^DJI, ^DJT, ^DJU, Nasdaq-100, FTSE 100. I could not include Oil, USD Index, T-Notes as mentioned in the book, due to unavailability data from MT4.

Neural Network outputs:
Lead(High,1), Lead(Low,1), Lead(Avg(Close,5),2), Lead(Avg(Close,10),4) Lead(Avg(Close,3),1)

NN design using back propagation.
The book explain how to use these indicators, such as:
- Buy when PTS Diff or PTM Diff turns positive and sell when PTS DIff or PTM Diff turns negative.
- Buy when PTS cross above TrendS or PTM cross above TrendM and sell when reverse
- Buy when PTS cross above PTM and sell when reverse
- Buy when Neural index 1 and sell when 0.

Higher probability to be used for trading, i.e. when all indicators are in confluence.
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Old Jul 26, 2010, 5:28pm   #244
Joined Oct 2006
Re: Build Neural Network Indicator in MT4 using Neuroshell

Quote:
Originally Posted by heikobear View Post
Hi

I bought VantagePoint for USD 2500 and am not able to make money it. After some time I gave up to trade the predicted highs and lows because it was just so wrong.
I really liked the idea but the problem is, that this software does not work in real time.

Thus, I got Neuroshell Trader and also a MT4 NN indicator which i am currently testing.
But if you are not much of a developer NS might not be the answer.
There are other NN tools for Tradestation and Ninjatrader which I might try.
In general, the tools for MT are completely inferior to the other two platforms. Just look at the prices they are able to charge. I think people waste their time in insisting in using MT. Unfortunately, it is still the most practical solution for FX....
Vantagepoint is a total waste of time, myself and several others worked on testing it for well over a year but it did not give an edge at all. I dont actually believe it does intermarket analysis because I was able to replicate the so called 'neural index' using simple calculations based on OHLC prices. I'm not saying that intermarket analysis itself is useless, merely that Vantagepoint is useless.
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Old Jul 28, 2010, 8:15pm   #245
 
3 Posts
Joined Apr 2008
Re: Build Neural Network Indicator in MT4 using Neuroshell

I have a problem using neuroshell
when the conditions set ,for opening a buy order for example,are met ,neuroshell executes the order at the open of the next candle
but I want it to execute the order immediately when conditions are met ..in the same current candle
anyone knows how?
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