Article Neural Networks:- Forecasting Profits

T2W Bot

Staff member
1,499 115
Neural networks are state-of-the-art, trainable algorithms that emulate certain major aspects in the functioning of the human brain. This gives them a unique, self-training ability, the ability to formalize unclassified information and, most importantly, the ability to make forecasts based on the historical information they have at their disposal.
Neural networks have been used increasingly in a variety of business applications, including forecasting and marketing research solutions. In some areas, such as fraud detection or risk assessment, they are the indisputable leaders. The major fields in which neural networks have found application are financial operations, enterprise planning, trading, business analytics and product maintenance. Neural networks can be applied gainfully by all kinds of traders, so if you’re a trader and you haven’t yet been introduced to neural networks, we’ll take you through this method of technical analysis and show you how to apply it to your trading...

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demleitner

Newbie
1 0
Which neural networks would you recommand? And what is the usual cost of using this tool?

There is a free NN called FANN (Fast Artificial Neural Network) around since some years. Also available is a wrapper for MQL4/5 called FANN2MQL - example how to implement is in www.mql4.com

BTW - this net works GREAT - depending on what you do with it :)
 
 
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