Artificial Neural Network based indicator: 5 bar forecasting of price movement

Author:

Julien L - 2010

http://fann4mt.thetradingtheory.com

Installation:

• Download and install the Fann2Mql library: http://fann2mql.wordpress.com/download/
• Download and install the fann4mt library version 1.0b: http://fann4mt.thetradingtheory.com/download/
• Create the c:\nn\ folder, or change the annFilename var in the source. The ANN will save itself in this folder.

Description:

This indicator is using Artificial Neural Networks (ANN) to learn how to read the correlation between RSI, RVI, Stochastic indicator and 100 point movement in the next 5 bars.

Once the learning phase is done, the indicator will display a chart with values in the range [0;100]

Close to 0 means 100 points down in the next 5 bars

Close to 100 means 100 points up in the next 5 bars

This is not really accurate yet, but it is a great example of what is possible with Artificial Neural Network!

Image:

Recommendations:

• Read the tutorial and the documentation on the official website before asking questions on how to use the ANNs and the fann4mt lib
• I recommend reading the Artificial Neural Networks Survival Guide, that will answer many questions on http://fann4mt.thetradingtheory.com/artificial-neural-networks-survival-guide