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Originally Posted by szczupak

old patterns do not work any longer... especially TA classic patterns known from the 80s... NN can adapt themselves... the results are 72% trend accuracy on s&p500 and 84% on eur/usd

No, actually i didn't mean patterns of classical technical analysis, but the patterns that NN would learn from the training data.

[forextrades]

szczupak,

Can you go into more detail about the type of model you use? Did you enter your trades at the target price or the output price in your results? Have you ever tested it on 30 min bars instead of 4 hr? If so, what were the results? What software do you use? TIA.

[catlee]

Neural networks - the best of them will fuction,in the same manner as a super fast computer technical analysis and that of horde mentality emotions.The percentage of each that goes in to the decision can ofcourse be "tuned".Why not then.a system that takes technical analysis and throws in human uncertainities and bang - www.mytradinsystem.net - check it out.

[dellan]

this based also in NN
http://www.understandmarket.com/index.php?categoryid=23

[crabbydog]

Originally Posted by szczupak

old patterns do not work any longer... especially TA classic patterns known from the 80s...

The classic patterns do still work, at least on stocks. Read Thomas Bulkowski or Dan Zanger for proof. I would say the classic patterns (Triangles etc) rarely seem to work in fores, although I haven't statistically analyzed it.

[szczupak]

I don't really trust price patterns... I prefer NN... see www.businesshackers.com for details...