NELL... Never Ending Language Learner | Forex Factory

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NELL... Never Ending Language Learner

  • #1
  • First Post: Jan 16, 2010 2:44pm Jan 16, 2010 2:44pm
http://scitedaily.com/the-never-endi...guage-learner/

Has anyone heard of this?

It's basically some sort of algorithm which is smart enough to eventually learn a language. I figure if words can be replaced with ticks, or maybe words replaced with candle bars, there could be a 'language' learned.
  • #2
  • Jan 16, 2010 3:39pm Jan 16, 2010 3:39pm
Quoting Ronald Raygun
http://scitedaily.com/the-never-endi...guage-learner/

Has anyone heard of this?

It's basically some sort of algorithm which is smart enough to eventually learn a language. I figure if words can be replaced with ticks, or maybe words replaced with candle bars, there could be a 'language' learned.
This is exactly what I've been looking for for my project! =)
http://www.forexfactory.com/showthread.php?t=215059

I wonder if it's possible to use what they have
  • #3
  • Jan 16, 2010 4:44pm Jan 16, 2010 4:44pm
Perhaps we should drop them an e-mail?

http://rtw.ml.cmu.edu/readtheweb.html
  • #4
  • Jan 16, 2010 4:52pm Jan 16, 2010 4:52pm
Quoting Ronald Raygun
Perhaps we should drop them an e-mail?

http://rtw.ml.cmu.edu/readtheweb.html
I was considering it, but I'm not sure how willing they would be to share it... lol if only I decided to go to carnegie mellon

There may also be alternatives out there. They do have papers written on it, maybe copying their algorithm might work.
  • #5
  • Jan 17, 2010 3:44pm Jan 17, 2010 3:44pm
It doesn't look like there's been much progress with NELL... they've only made a prototype so far, nothing serious. If we can come up with an algorithm of our own we could just use that. Also languages fit some kind of order... markets not so much. I doubt it would work well anyway.
  • #6
  • Jan 17, 2010 3:46pm Jan 17, 2010 3:46pm
Quoting MoForce
It doesn't look like there's been much progress with NELL... they've only made a prototype so far, nothing serious. If we can come up with an algorithm of our own we could just use that. Also languages fit some kind of order... markets not so much. I doubt it would work well anyway.
The whole premise behind an EA is that there are patterns in a market that can be taken advantage of.

I'm trying to get a flowchart or something from them regarding programming structure and logic flow. With that, I might be able to build a very crude but otherwise functional market-oriented version of what they're doing.
  • #7
  • Jan 17, 2010 3:49pm Jan 17, 2010 3:49pm
Off topic but...

Who is Britney Spears?

NELL: Lol a hoe.

Lol with the internet as its teacher this should be interesting.

Honestly this stuff creeps me out lol. Human extinction here we come!
  • #8
  • Jan 17, 2010 3:54pm Jan 17, 2010 3:54pm
Just thinking... what if instead of trying to modify the algorithm so it can read charts we were to convert the charts into something that can be read? It has to be something that, if we were to read it, we'd be able to figure out what the chart looks like.
  • #9
  • Jan 17, 2010 3:56pm Jan 17, 2010 3:56pm
Well, a chart has the following:

Time, High, Low, Open, Close, Volume

We could just use that to make a 'word' as it were. E.G.

Monday January 1, 2000 12:14:00 1.0000 0.9900 0.9910 0.9990 10
  • #10
  • Jan 17, 2010 4:11pm Jan 17, 2010 4:11pm
Quoting Ronald Raygun
Well, a chart has the following:

Time, High, Low, Open, Close, Volume

We could just use that to make a 'word' as it were. E.G.

Monday January 1, 2000 12:14:00 1.0000 0.9900 0.9910 0.9990 10
but it should be all words... like maybe something that resembles textbook style language? Have you ever done labs in school with formal lab reports? Where you have a graph and you have to explain what's going on in words even though you've already got the graph in front of you.

Something like... Early in the day, the pound made a move upwards that was twice as much as the previous day's gains.
  • #11
  • Jan 17, 2010 4:14pm Jan 17, 2010 4:14pm
Quoting MoForce
but it should be all words... like maybe something that resembles textbook style language? Have you ever done labs in school with formal lab reports? Where you have a graph and you have to explain what's going on in words even though you've already got the graph in front of you.

Something like... Early in the day, the pound made a move upwards that was twice as much as the previous day's gains.
Well, now that you mention that...we could use news? And just focus on that. However, that means the program would focus on talking like a market news analyst...
  • #12
  • Jan 17, 2010 4:34pm Jan 17, 2010 4:34pm
Quoting Ronald Raygun
Well, now that you mention that...we could use news? And just focus on that. However, that means the program would focus on talking like a market news analyst...
lol

but then we go back to the whole point of this... what is the point anyway? The language learning helps the computer understand, but understand what? Probably what the charts looks like... but I don't see how you could end up with some kind of predictive power
  • #13
  • Last Post: Jan 17, 2010 5:09pm Jan 17, 2010 5:09pm
Quoting MoForce
lol

but then we go back to the whole point of this... what is the point anyway? The language learning helps the computer understand, but understand what? Probably what the charts looks like... but I don't see how you could end up with some kind of predictive power
In language, there are patterns. Patterns result in consistent and 'knowledgeable' communication.

When applied to trading, in theory, the program 'reads' the charts, and when it sees a certain 'phrase', there is a particular 'response' similar to language.
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