Artificial Neural Network based indicator: 5 bar forecasting of price movement
|Author:||Julien L (2010.07.05 16:07)|
Julien L – 2010
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!