Growing Neural Gas Algo for FX trading
There is an interesting article http://www.mql5.com/en/articles/163 Has anyone tried this algo for trading pupose?It says ''GNG is superior to "K-means" clustering''
I've used neural networks before in trading. Just ended up loosing a lot of fake money, honestly. Then again, I'm not very good at neural networks.
NN's are mostly overkill. Trading is playing human psychology. S/R is a very simple concept that works quite well. I'm sure there are NN's that can determine profitable S/R levels but I've yet to see a public NN that doesnt overcomplicate basic trading logic.
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