Friday, December 28, 2012

NALICE - FANN NEURAL NETWORK!

Hi all, Nalice is a neural network based trading signal "service". This appears to be somewhat similar to the Leo Trader Forex EA. This "EA" works only with the Usd/Jpy and Gbp/Usd pairs.

Nalice.net is the Forex MetaTrader 4 neuronet-based advisor with client-server architecture. Nets and forecasting engine (based on FANN, Fast Artificial Neural Network Library) - on server side, producing daily signals, which are received automatically by advisor on client`s side in MT4.

How it Works:

- on server side, every weekend USDJPY and GBPUSD prices changes history (open-close-max-min) of last 365 Day bars is downloaded into MM

- MM creates a pack of different neuro-nets, based on price changes history

- at the moment of new Day bar creating in MT4, MM creates the forecast - only if all nets give the same result, up or down - and store it in Nalice.net database; forecast is enabled only for 100 minutes after creation, so your system should be turned on at the moment of new Day bar creation, for best results - it must be alive all 5 trading days * 24 hrs

- on client side, at the moment of new Day bar creating in MT4, advisor connects to Nalice.net DB to receive forecast and use it to open order and - during trade day - trail stops

- system has a re-opening period, by default (you can change this param) it`s a 10% of day, or 2.4 hrs - if order is closed in this period by stop-loss or take-profit - then system will try to create new forecast and order, but it happens very rare.

- for maximum stability - use 1 advisor on 1 pair (USDJPY or GBPUSD) in a terminal as shown.

Account 1CurrencyUSDJPY
 Deposit5000
 Lot multiplier1
Account 2CurrencyUSDJPY
 Deposit5000
 Lot multiplier3
Account 3CurrencyGBPUSD
 Deposit5000
 Lot multiplier1
Account 4CurrencyGBPUSD
 Deposit5000
 Lot multiplier3

"The principal difference of neural networks - they aren`t based on logic. If external situation changes - the internal behavior of the network will also change as a response to external change. "

The statement above basically means that a neural network is not based on any lagging indicators that could deter the performance on a trading account normally affected by typical trading parameters.

This is a new system that is basically in "beta" development. So with this being said you are FREE to try this before there is a future paid version. Bottom line is use at your own risk! I would only trade this on a DEMO account please! I don't want anyone to lose a lot of cash with this non-proven technology.