Neural forex network is an algorithm, which imitates nervous activity of living beings (with some part of inaccuracy). Using neural forex network we can identify and use large amount of interconnections in data that are usually hidden from our eyes because of complexity and nonlinearity of data. It is corroborated by the fact that neural forex networks are used in many spheres of our life including trading. However, you have to decide for yourself whether they are useful for you or not.
Not a single neural forex network (even the best one) can predict future price by means of simply pressing of a button. However, you can use neural forex network to make predictions with a certain probability and thus it will help you to make better trading decisions. The limited capabilities of neural forex networks do not prevent them from being effective tools of market analysis, especially, when there are a lot of noise and non-linear connections. Neural forex network won’t solve all your problems, but since neural forex networks are powerful technological methods of technical analysis, they can be invaluable tool in your trading arsenal. They also have a unique quality to track barely detectable interconnections in accessible data; other methods do not allow you to do this. The ability to create patterns based on analysis data makes neural forex network method absolutely unique among other methods and tools.
You can effectively use neural forex network for:
- Evaluating probability of trend continuation
- Classification of market phases
- Temporary prediction of maximum and minimum formation for different timeframes
- Predicting the probability of fluctuating movements after trends and following corrections
- Inter-market interconnections tracking
In other words, you will get the tool that is much more effective than classic methods of technical analysis for cases when there is a lot of noise on the market or when data interconnection is not obvious and linear.
How does the "Neural Generation II" Forex Neural Expert Advisor work?
Forex Neural Expert Advisor "Neural Generation II" based on new neural library NeuroGenII.dll. We have generated and trained multilayer neural net for each currency for long history period. Neural net helps to determine strong signal and low signal. When signal low, forex neural expert advisor opens order with size smaller than when signal strong. Expert Adviser also reduces the distance between the price and take profit.
Money Management Module. The module determine lot size depends from account balance. Formula: Lot = percent by account balance. For example Lot = 5 % by account balance.
GMT Auto Correction Module. This module in a fully automatic mode will determine and compare the GMT time with server time and will correct all the necessary parameters in the FOREX neural expert advisor "Neural Generation II"
5/4 digits Correction Module. This module in a fully automatic mode will determine your broker quotes type and will correct all parameters.
HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IN THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY COUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.
The expert advisor consists of the unique scalping mt4 expert advisor, which is based on in-depth analysis of the sample by means of overlap of multilayered flat channels that not only gives you the chance to identify the price maximum and minimum on a certain time interval, but also allows you to estimate the market tendency, i.e. if the market dies away or vice versa. Neural part also analyzes samples in the same time interval and makes a decision to open the order or not to open it on the basis of the accumulated knowledge. Options also allow you to open an order at a negative signal of the neural networks, but with changed StopLoss and TakeProfit and smaller lots. It allows you to protect the deposit in a better way.
The expert advisor was created for work with currency pairs having low spread EUR/USD. In order to prevent the pernicious influence of the expert advisor on the market, the number of copies in sale is limited. MT4 EA NeuralScalper Manual
HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IN THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY COUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.
