This is a working example of creating a feed forward Neural Network trading system in Encog based on the output of indicators in Metatrader 5. The signals are sent from Encog into Metatrader and displayed with an indicator. The results of that indicator are used to control an EA:
http://www.mql5.com/en/articles/252 Thanks to Investeo for this seminal work.
As mentioned in the article, see these videos:
http://www.heatonresearch.com/video/...alc-part1.html
http://www.heatonresearch.com/video/...alc-part2.html
http://www.heatonresearch.com/video/...alc-part3.html
The goal of this thread will be (once you can get this example to work), the formulation of the same kind of Neural Net using the freeware Encog tool, but based on other MT indicators.
Convert MT4 indicator to MT5 -> http://www.forex-tsd.com/indicators-...converter.html
The article bases the Neural Net on Stochastic %K, Stochastic Slow %D, and Williams %R . There has to be better ones we can base the system on. To use Encog, you will need to be comfortable programming in C#.
As I get this all up and running, will update the thread with my results. If nothing else, look at this as an exercise in developing on MT5. For all of its downfalls, perhaps it can thrive in these kinds of implementations with third party products.
From what I understand now, one challenge with trading on lower timeframes (the article uses 1 day) will be coming up with a way to train the network with new data in an automated fashion. But with all of the bright minds here on FF I''m sure we will figure it out.
encog download http://www.heatonresearch.com/download just add the dll needed to the visual studio project to use. i am trying some examples from the heatonreseach site.
Thanks and good luck. Post your questions/thoughts of any sort that will help us all collectively learn and comprehend.
Posting files here for convenience, a condensed installation guide based on the article forthcoming.
This guy is a pimp: http://www.youtube.com/user/HeatonResearch#p/u/3/CVJOseIJnww
http://www.mql5.com/en/articles/252 Thanks to Investeo for this seminal work.
As mentioned in the article, see these videos:
http://www.heatonresearch.com/video/...alc-part1.html
http://www.heatonresearch.com/video/...alc-part2.html
http://www.heatonresearch.com/video/...alc-part3.html
The goal of this thread will be (once you can get this example to work), the formulation of the same kind of Neural Net using the freeware Encog tool, but based on other MT indicators.
Convert MT4 indicator to MT5 -> http://www.forex-tsd.com/indicators-...converter.html
The article bases the Neural Net on Stochastic %K, Stochastic Slow %D, and Williams %R . There has to be better ones we can base the system on. To use Encog, you will need to be comfortable programming in C#.
As I get this all up and running, will update the thread with my results. If nothing else, look at this as an exercise in developing on MT5. For all of its downfalls, perhaps it can thrive in these kinds of implementations with third party products.
From what I understand now, one challenge with trading on lower timeframes (the article uses 1 day) will be coming up with a way to train the network with new data in an automated fashion. But with all of the bright minds here on FF I''m sure we will figure it out.
encog download http://www.heatonresearch.com/download just add the dll needed to the visual studio project to use. i am trying some examples from the heatonreseach site.
Thanks and good luck. Post your questions/thoughts of any sort that will help us all collectively learn and comprehend.
Posting files here for convenience, a condensed installation guide based on the article forthcoming.
This guy is a pimp: http://www.youtube.com/user/HeatonResearch#p/u/3/CVJOseIJnww
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