Discussion of article "Creating Neural Network EAs Using MQL5 Wizard and Hlaiman EA Generator"
I take it advertising in articles is allowed?
If it's on the level, new, interesting and does some good.
The main differences of a licensed product are technical support, removal of time restrictions and extended functionality, for example, the ability to generate MQL robots with DLL libraries for MT4.
It is quite expensive for such functionality, considering that you can easily connect matlab with neural networks or even neurosolutions to MetaTrader,
and it is unlikely to be useful for programmers - there are already decent libraries on mql5.
I take it everyone has already written their neural networks?
Or are you waiting for free implementations? Well, no problem, publish in codebase, instead of acting as TheXpert.
Is profitability guaranteed?
I think there is no point in discussing the issues of guarantee or absolute size of profit.
However, with a high probability you can make sure of the relative increase in profitability.
For example, generate an Expert Advisor with a neural network module in combination with indicator modules and compare in the tester its profitability when working on pure signals from indicators and in combination with a trained neural network.
By the way, for such experiments, the script provides a possibility to train the neural network on patterns from the visualisation chart after the test.
.
First of all, if you are an experienced neural networker, the article should reflect the idea that backtest is evil and describe the correct way of testing.
Secondly, there should be something more substantial in the signals than the demo from the MC. And even for the demo there are doubts about its relation to your oscillator.
Or are you waiting for free implementations? Well then no problem, publish in codebase instead of acting as TheXpert.
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New article Creating Neural Network EAs Using MQL5 Wizard and Hlaiman EA Generator has been published:
The article describes a method of automated creation of neural network EAs using MQL5 Wizard and Hlaiman EA Generator. It shows you how you can easily start working with neural networks, without having to learn the entire body of theoretical information and writing your own code.
Virtually every trader knows about the existence of neural networks. But for the majority of them it remains a black box, with the only things known being the ability of neural networks to recognize patterns, produce associative search for solutions and learn, as well as the fact that they can be effective in predicting the market behavior and in automated trading. Many sources of information that focus on the application of neural networks often speak about their difficulty, emphasizing that one has to devote a great deal of time and effort to learn this subject well and be able to use neural networks in the future.
This article aims at refuting these arguments and proving that advanced automation methods enable traders to have an easy start with neural networks and avoid the lengthy learning process. There is nothing difficult in getting your own experience with neural networks. It is certainly easier than technical analysis.
With this in view, we will describe a method of automatic generation of neural network EAs for MetaTrader 5 using the MQL5 Wizard and Hlaiman EA Generator.
The choice of tools to solve the task at hand is far from being random:
The abbreviation 'EA' has been added to the name of the Expert Advisor intentionally as humanlike properties associated with recognition and learning are predominant in a neural network EA unlike in other cases where the use of 'EA' in a name is often misleading and does not reflect the true nature of things.
Author: Ivan Negreshniy