RE: Neuroshell trader

[Peter Ryan <pryan@xxxxxxxxxxxxxx>]

Chris,
Thanks for the info - much appreciated.
It seems like a good idea to use tradestation/excel to generate inputs - I'll try that.

You mention not using the data series directly - what do you mean ?
Do you mean not using the OHLC of the underlying instrument.	

Thanks
Peter

-----Original Message-----
From:	Chris Baker [SMTP:chrisbak@xxxxxxxxx]
Sent:	Sunday, October 18, 1998 11:21 PM
To:	RealTraders Discussion Group
Subject:	Re: Neuroshell trader

I have NeuroShell Trader also.   I believe it is used among institutional customers for
price forecasting based on other price inputs, similar to what you are doing.    Since the
programming language built into the NeuroShell Trader is so clumsy and time-wasteful, Ward
Systems said their customers create the indicators they want in Excel of TradeStation and
then input the indicator into the NeuroShell Trader as a price input.   It is important of
course to not use the data series directly, but a percent change or RSI or something like
that.

I have noticed the NeuroShell Trader seems to try to exactly match patterns excessively.

Ward Systems tech support can be very helpful in setting up your problem correctly.   They
seem to have many institutional customers who provide a lot of feedback to Ward systems so
Ward Systems has gained an excellent understanding of how their products are being used
for best results.

--- Chris Baker
-----Original Message-----
From: Peter Ryan <pryan@xxxxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Saturday, October 17, 1998 11:54 PM
Subject: Neuroshell trader


>Is anyone else using Neuroshell trader  ?
>
>I have had the software for a while, but only started working with it
>seriously after reading the 'fear index' posts started by Walt Downs
>posted.
>
>It seems like you can just jam every possible factor at it, and let it sort
>out which are useful.
>At least, that's what I have been doing, but with only mixed results so
>far.
>
>I would be interested in other opinions.
>
>Thanks
>Peter Ryan