Neural Networks are considered to be the most revolutionary AI breakthrough.
Neural networks are now being used in many fields now.
Can we train a neural network for trading forex?
We first classify the data into three class, Up, Down and Range.
Then we build a model that can predict whether the market is going to move up, down or range.
Using a quadcore computer we can predict the market in less than a second.
So we can easily use this neural network model for trading 5 minute binary options as well as 1 minute binary options.
We can also slightly change the neural network model and use it for trading on higher timeframes like 60 and 240 minutes.