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purley Nov 5, 2010 11:57am | Post# 1

Growing Neural Gas Algo for FX trading
There is an interesting article Has anyone tried this algo for trading pupose?It says ''GNG is superior to "K-means" clustering''

Moody Nov 5, 2010 2:00pm | Post# 2

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.

Looks interesting.

Aja Nov 5, 2010 2:12pm | Post# 3

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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