Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

mr-T

Using Neural Nets

Recommended Posts

Hi Everyone!

 

I am interested in hearing from anyone who has successfully applied neural networks or genetic programming to forex forecasting. I posted a message in the technical trading sub-forum (http://www.traderslaboratory.com/forums/f34/neural-genetic-algorithms-trading-1122.html) to see if anyone there had any ideas.

 

I have heard of instances in which NNs and GPs have been applied to forex forcasting, using intra-day data. I'm new to these techniques, so I need some help to get going.

 

Many thanks,

 

mr-T

Share this post


Link to post
Share on other sites

Hi mr-T, welcome to the forum. I've used a few products in the past to build systems and to integrate and optimize my strategies in TS. I didn't have any luck with it due to my limited ability to understand how to use (requires good amount of time to understand despite vendors telling you how easy it is, it's easy if you want to lose money). I've used Genetic Optimizers to backtests but in the end, some had success, I didn't find much better results. Lack of knowledge is my only limitation. It has potential but always keep healthy skeptical and test out everything first.

Share this post


Link to post
Share on other sites

Hi Torero,

 

Many thanks for your reply! I know what you mean. The theory behing NNs and genetic algorithms is pretty hard to digest, nevermind the implementation. I have chanced apon a propietary software package called 'Tiberius', which uses NN algorithms for data modelling. Some users have applied it to forex modelling, but I'm not sure how they have gone about it. I am using a demo version of the package at the moment, and it looks very good - lots of features and very flexible. Like you say, developing computational modellers based on NNs or GAs requires a lot of time and devotion in order to be able to tailor it to specific needs. All I really know at the moment is that some have done it. I just need to find out how, then try it for myself. I'm pretty good at losing money at the moment, so I have nothing more to lose in that sense ;)

 

Best regards,

 

mr-T

Share this post


Link to post
Share on other sites

Mr T , my first and last neural net experience was with Neuroshell ... I think that soft its not really what I wanted... then after I read an article about our mind and its capacity to percieve many variables and work better than any nn... so I started to train my mind on the "feel" of the market (as soultrader teaches tape reading ) in hand with a simple technical aproach... and let me tell you, screen time optimized my brain nn ¡¡... any way, I like your idea of developing some nn... I would like to see at this point what a nn could optimize my actual trading technique... could be cool to see that... could you share whats the site of this soft you are demo... ? cheers Walter.

Share this post


Link to post
Share on other sites

Hi guys,

 

Many thanks for the replies! I do prefer screen time and my own intuition to make trading decisions, however, this has not landed me in good steed of late... My use of a NN / GA program would be to serve as an auxiliary to my normal decision-making process. Something that could provide trading suggestions on crosses that I may not have been following too closely. I am a proponent of the powers of the human brain and always prefer gut-feeling over robotic rhetoric, it's just that I have been hearing some good things about NNs and FX.

 

Walter, the link to the package I mentioned is: Tiberius - Predictive Modelling Software

 

Does anyone know of a forex margin a/c provider that provides access to raw data feeds, in addition to charts? I would need this for an automated intra-day trading system. The alternative is to use freely available end-of-day data from sites such as Yahoo finance.

 

Many thanks,

 

mr-T

Share this post


Link to post
Share on other sites

CSV is fine. I've found that the Metatrader 4 platform provides the option to export realtime and historical data into excel. I've opened a demo a/c with them.

Share this post


Link to post
Share on other sites

My limited understanding is that major houses are going to be using AI as well, and that the net result is that everyone basically ends up following the same trends. So to really break into the bigger profit margins, you have to apply a lot of human thinking to override program suggestions and make plays according to what you predict will be winning cycles.

 

2c.

Share this post


Link to post
Share on other sites
The best neural networking technique is sitting there staring at price for years, training your brain to recognise patterns so it comes as second nature.

 

 

How many years do a trader need to do that to be profitable in his transactions? ;)

Share this post


Link to post
Share on other sites

vlad : it took me about 1 1/2 year to understand the market ... no one trade... just looking at it .... with that understanding I did develop my aproach wich today gives me a nice result... so its not imposible, its just a matter of optimism and actitude, also belief and the fact that there is a lot people that made it.... its posible... cheers Walter.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • VRA Vera Bradley stock watch, pull back to 5.08 support area at https://stockconsultant.com/?VRA
    • MU Micron stock watch, pull back to 102.83 gap support area with high trade quality at https://stockconsultant.com/?MU
    • ACLX Arcellx stock watch, trending at 84.6 support area with bullish indicators at https://stockconsultant.com/?ACLX
    • Here’s something few are talking about: The Chinese are printing money like it's going out of style. Not that you'd hear about it in the mainstream news. But Bitcoin knows.   Bitcoin always knows.   Here’s the thing…   When the Chinese government prints money to paper over the cracks, their smart money doesn't sit around waiting to get devalued.   It usually flows into three things: Bitcoin, gold, and dollars.   After years of being beaten down, gold's having one of its best years in decades. But here's the secret -- whatever gold does, Bitcoin's going to do it bigger.   Much bigger.   Since last November, when China started their printing spree, Bitcoin's been moving in near-perfect correlation with the People's Bank of China's balance sheet. Over 80% correlation, maybe even 90%.   Again, few are talking about it.   But here's why this matters right now: This could be the beginning of a huge breakout in the crypto markets.   Bitcoin broke above its July high, and historically, that's led to new all-time highs over 90% of the time. The only times it failed? COVID and the 2022 bear market.   That's it.” – Chris Campbell   Profits from free accurate cryptos signals: https://www.predictmag.com/     
    • Originally Answered: How can I compete with people who are better than me in every way?   So you want to outcompete people who are smarter, better looking and more experienced than you?   No problem!   All you have to do is outwork them.   Will Smith said, "if we both get on a treadmill either you're going to get off first or I'm going to die trying."     Most people just aren't willing to work that hard. Sure, they'll show up for the job interview and maybe practice in front of the mirror for a few minutes, but they won't do hours and hours of research and prepare for weeks. They won't wake up early and stay up late working on their dreams.   So while all those smart, good-looking, experienced people are waiting around for the next opportunity to come their way, you can outwork them and create your own opportunities.   In a few years, you'll be that "smart" person everyone looks up to. But you'll be different. You'll know it was your hard work, your inner strength and your commitment to living a great life that made you successful and brilliant - not luck or good genes.” – Tom Corson-Knowles, Quora Profits from free accurate cryptos signals: https://www.predictmag.com/   
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.