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

by Dr.Hamdi Boukamcha
Name:
Artificial Neural Network based indicator: 5 bar forecasting of price movement
Author: Julien L (2010.07.05 16:07)
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Artificial Neural Network based indicator: 5 bar forecasting of price movement   fann4mt_proto_prediction_RSI-RVI-STOCH.mq4 (4.2 Kb) View

Author:

Julien L – 2010

http://fann4mt.thetradingtheory.com

 

Installation:

 

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!

 

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