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Dimitris,
I share similar thoughts, as when we will have NN in Amibroker, I am
sure it would be something superior and then we can disuss the value
(or lack of it) in our analysis.
Best regards
Rizwan
--- In amibroker@xxxxxxxxxxxxxxx, "DIMITRIS TSOKAKIS" <TSOKAKIS@xxxx>
wrote:
> Rizwan,
> I think it would be better to discuss this [interesting] subject in
> the future, when we will have amibroker NN [I suppose it will be
the
> best in the T/A market...]. Until then, we will survive without it.
> Dimitris
>
> --- In amibroker@xxxxxxxxxxxxxxx, "rizwankherati"
> <rizwankherati@xxxx> wrote:
> > Dear Friend,
> >
> > Thanks for sharing your insights and experience about NN.
> >
> > You wrote:
> >
> > >"If you also know any NN software "understanding" the
> directionality
> > > of the market, please respond."
> >
> > Ofcourse we can discuss such a question about ANY TA tool
> endlessly,
> > but let me quote for you John Murphy(who is wellknown in TA
circles)
> > from the Foreword of Louis B. Mendelsohn's book "Trend
Forecasting
> > with technical analysis".
> >
> > "Mendelsohn ... shows how a neural network can take any number of
> > related factors into consideration, analyze them, and draw some
> > practical conclusions. And, those conclusions lead to the real
> > benefit - winning market trades."
> >
> > Ofcourse Mandelson claims close to 80% accuracy for his NN
> > software "Vanatage Point" of which I do not have any personal
> > expereince.
> >
> > My point is that if we can have Gann geomatry and Fibonacci
> > retracements we can also have NN. Every user will have their own
> > expereiences and its better for all users to have a chance to
test
> a
> > thing and then decide if its not useful.
> >
> > I do understand that other users may not agree with me and thats
> > fine, we can disagree on the worth of so many things in life. We
> all
> > are diffrent, all are unique!
> >
> > Best regards
> >
> > Rizwan
> >
> >
> >
> > --- In amibroker@xxxxxxxxxxxxxxx, "DIMITRIS TSOKAKIS"
> <TSOKAKIS@xxxx>
> > wrote:
> > > I have tried some [most promissing] NN in the past.
> > > My test was quite simple : I ran the algorithm for a 1000-bar
> > famous
> > > stock and saved the result. Then, 10 min later, I ran the same
> test
> > > on the same stock. The new result was quite different ["quite"
> > means
> > > a "Sell" instead of "Buy"]. I repeated 2-3 more times the test.
I
> > > also noticed differences in the NN training series. I carefully
> > > copied my tests and sent them to the NN company with my Best
> > Regards.
> > > I still wait for their reply. I am patient enough but, I am
> afraid
> > > they will not send any kind of reply. Then I sent a suggestion
> for
> > > their own use. Instead of running 100 individual NNs for the
100
> > N100
> > > stocks [and enjoying, perhaps, the perfect 50%-50%], it would
be
> > > better to run a composite StochD for the whole N100 market. It
> was
> > > the day of a bearish MeanStochD divergence and, my NN-less
> > prediction
> > > was the beginning of a [new] downtrend. They didnt make any
> > comment.
> > > I suppose they make money selling NNs. I also suppose they
trade
> > the
> > > MeanStochD divergences. But, I have not received any kind of
> > > confirmation for these thoughts. The [absolute] silence of
these
> NN
> > > vendors is, perhaps, the best way to communicate in the 21st
> > century.
> > > Dimitris
> > > PS : If anybody knows an NN which give the same output for 10
> tests
> > > on the same 1000-bar data series, please let me know...
> > > If you also know any NN software "understanding" the
> directionality
> > > of the market, please respond.
> > >
> > > --- In amibroker@xxxxxxxxxxxxxxx, Yuki Taga <yukitaga@xxxx>
wrote:
> > > > I'm afraid I have to agree about the worthlessness of NN.
Here
> in
> > > > Japan, with *very* powerful computers, people have attempted
to
> > use
> > > > NNs to extract money from the stock market. The market has
> > > extracted
> > > > money from them instead. Mostly, the effort here has been
> > abandoned
> > > > until sometime in the future when there is some kind of
> > fundamental
> > > > change in computing power. Other than that, there are the
usual
> > > > collection of hustlers selling black boxes that are just about
> > > > guaranteed to be next to worthless.
> > > >
> > > > The idea that these programs can "learn" in any real sense is
> > simply
> > > > not true. Not in any real sense, and not compared to even how
> > > > chimpanzees learn, let alone human beings. The state of
> computing
> > > > does not appear to be anywhere near this realm yet. Maybe in
> > > another
> > > > (human) generation or more.
> > > >
> > > > Yuki
> > > >
> > > > Sunday, September 5, 2004, 10:32:07 AM, you wrote:
> > > >
> > > > m> I also vote NO on Neural Networks. The Neural network you
> were
> > > > m> born with is thousands of times better than any digital
> Neural
> > > > m> network can ever be. We simply fail to use it as well as
> > > Einstein
> > > > m> used his. Ron D ----- Original Message ----- From:
> > > > m> Michael.S.G. To: amibroker@xxxxxxxxxxxxxxx Sent:
> Friday,
> > > > m> September 03, 2004 6:52 PM Subject: RE: [amibroker] Re:
> > Neural
> > > > m> Netowrks in AmiBroker
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