Using Neural Networks to Identify Chart Patterns

Hi,

You post reminded me of the following paper

Pattern discovery of fuzzy time series for financial prediction
Chiung-Hon Leon Lee; Alan Liu; Wen-Sung Chen;
IEEE Transactions on Knowledge and Data Engineering
Volume 18, Issue 5, May 2006 Page(s):613 - 625

Tell me if you want the pdf.

Give some specific key words and I can sdearch the IEEE
and ScienceDirect.com if you want.

BHC
 
Quote from bhamadicharef:

Hi,

You post reminded me of the following paper

Pattern discovery of fuzzy time series for financial prediction
Chiung-Hon Leon Lee; Alan Liu; Wen-Sung Chen;
IEEE Transactions on Knowledge and Data Engineering
Volume 18, Issue 5, May 2006 Page(s):613 - 625

Tell me if you want the pdf.


BHC
More...
yes please.
 
Quote from jdeezero05:

complete waste of time IMO. Considering how hard it is to describe these things and the years of training it takes for the worlds most advanced NN (between your ears) to see the patterns, it seems absurd to expect simplistic software NN to have even have a prayer.
More...

You are correct. But the lemmings are persistent. This farce has been going on for decades...
 
APS software by Michael Harris, searches through the data whether index, stock etc and picks out those relevent to making profits.
One can use the program in Metastock and some others. I found the program worked ( made profits ) but there were big drawdowns sometimes.
The program searches for highs and lows etc and isn't neural net.
 
Quote from rcanfiel:

You are correct. But the lemmings are persistent. This farce has been going on for decades...
More...

The journey is more important than the goal, my friend. If it were as simple as using NN in the markets, then everyone would do it. So obviously, it isn't. However, as a Computer Science major and an engineer at heart, I enjoy reading and applying all areas of knowledge, and I think that machine learning can be effectively used in money management and portfolio allocation. Utilizing NNs to identify chart patterns is only a small picture in my further studies of artificial intelligence and its application to financial markets.
 
Quote from Humpy:

APS software by Michael Harris, searches through the data whether index, stock etc and picks out those relevent to making profits.
One can use the program in Metastock and some others. I found the program worked ( made profits ) but there were big drawdowns sometimes.
The program searches for highs and lows etc and isn't neural net.
More...

Hi Humpy,

I second that, I have been using APS for a couple of years with wealth-lab and works very well. I had drawdowns in the beginning but I tuned my stops to limit loses and my equity curve is a lot smoother.

The company says APS is " a data mining application" and thus not subject to the training issues NNs have:

http://www.tradingpatterns.com/Software/apsinfo/apsinfo.html

I think NNs do not offer the prceision necessary for swing/position trading. I am planning of trying one such program in the near future to see what it can do.

Have you tried APS with spot Forex data? Any good results?

Alex
 
NNs are great if you wish to perform vol interpolation (GARCH) in a Ritchken-Trevor lattice, other than that NNs are so 90's.

Just a hint if you are interested in this sheah: SVMs.
 
Quote from Equalizer:

NNs are great if you wish to perform vol interpolation (GARCH) in a Ritchken-Trevor lattice, other than that NNs are so 90's.

Just a hint if you are interested in this sheah: SVMs.
More...

SVMs were next on the list, though I have FAR less experience with them than I do NNs. That journey will take me quite a bit longer. Any ideas which rabbit holes I should start looking in, or should I just go for the deepest one I can find?

Thanks
-C
 
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