BPNN Predictor - forecast of price using neural networks
BPNN Predictor is an indicator pertaining to the category of predictors. To predict the future behavior of prices BPNN Predictor uses a neural network with three layers. The indicator is universal, but it is better to use at higher timeframes.
Characteristics of BPNN Predictor
- Platform: Metatrader4
- Currency pairs: Any currency pairs
- Trading Time: Around the clock
- Timeframe: Any, recommended H1 and higher
- Recommended broker: Roboforex | XM | InstaForex
The use of the BPNN Predictor in trade
BPNN Predictor is building on a price chart three lines:
- Red - forecast of future prices;
- Black - past the opening price, which at the time of study were used as the expected output of the network;
- Blue - network outputs obtained during the study given to the input data.
The indicator is presented in two forms: BPNN Predictor and BPNN Predictor with Smoothing, in which the EMA-smoothing is used.
Below are examples of signals of both indicators.
BPNN Predictor Buy signal:
BPNN Predictor Sell signal:
BPNN Predictor with Smoothing Buy signal:
BPNN Predictor with Smoothing Sell signal:
Please note, when switching timeframes indicator need to restart on graph, apparently due to the features of "neural networks". It is more convenient to do it through a template installation that I have prepared for you in the archive.
In the archive BPNN.rar (57.6 Kb):
- BPNN_Predictor.ex4
- BPNN_Predictor.mq4
- BPNN_Predictor_with_Smoothing.ex4
- BPNN_Predictor_with_Smoothing.mq4
- BPNN_Predictor_template.tpl
- BPNN_Predictor_with_Smoothing_template.tpl
Free Download BPNN Predictor
