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Perceptron

Neural Network EA, the strategy is based on price action, the neural network itself is based on the weighted average percentage of the Open, High, Low and Close prices. The filter for opening trades in a grin of orders is the fifth perceptron, which received the values from the previous for neurons, it is also the filter for removing pending orders if the neural networks values change. The EA has been adapted for both four- and five-digit quotes. VPS server is recommended. Timeframe for the neural network is defined in the EA parameters. Recommended minimum deposit – 1000 units of the base currency.


Recommendations

  1. Backtesting and optimization should be performed on quotes with 99.90% quality. With slippage and commission approximated to the real market conditions.
  2. Before using on a live account, test the EA with minimal risk;
  3. Low spreads + commissions + high quality execution are important when choosing a broker to trade.


Parameters

  • TimeFrame – timeframe for the neural network;
  • x1– x4 – weight coefficient, optimize from 0 to 100 with step 5;
  • y1– y4 – coordinates of bars to calculate in the perceptrons;
  • FixedLotSize – fixed lot if RiskPerTrade = 0;
  • RiskPerTrade – lot size calculation based on free margin;
  • LotMultiplayer – lot multiplier for orders grid; if = 1 the lot is fixed;
  • MagicNum – trades ID;
  • EAComment – comment;
  • FirstOrderStep – indent of the first two pending orders from the current price in points;
  • FirstOrderModify – timer to modify the first two pending orders in seconds;
  • StepOpenOrders – step of order grid opening;
  • NextOrderStep – indent of the subsequent pending orders from the current price;
  • NextOrderModify – timer to modify the subsequent pending orders following the price;
  • TrailingStop – the minimum profit to activate the trailing stop;
  • TrailingStart – value of trailing stop, at which the StopLoss is moved by TrailingStep;
  • TrailingStep – profit to be protected by trailing;
  • DrawInfo – display information panel on the chart;
  • Language – display language of the information panel;
    • _English – English;
    • _Русский – Russian;
  • TextColor - text color.
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