Discussion Neural Network phase 2

Hi,

looks very nice so far.

an interesting approach!

my i ask on what system is based the neural Network or is it a complete new development?

best regards

ForexNoop posted:
Hi,
looks very nice so far.
an interesting approach!
my i ask on what system is based the neural Network or is it a complete new development?
best regards

Hello and Thank you.
Initially I wrote the system to use a basic back propagation setup.
However, I ended up just starting over and now it's a custom build system that I've been working on.

Phase 2 of testing is starting a new week of trading.
We'll see how this week goes.

I've gotten a few people ask me if I would sell them copies of my ea.
Simple answer: NO.

Here's a copy of the original post I put on the phase one thread.



Please understand that while the system appears to be extremely profitable, there are many systems which can produce similar results in the short term.

Once this system is able to produce 90 to 180 days of reliable trading and verifiable profitability potential on demo, I will then put the system on a new live account for additional forward testing on a real account.

System broke the 100% gain mark today! Hooray! :)

Great results so far

Hi,

nice work.
The investment in the development seems to be paying off.
I am very curious how it goes.

best reagards

michaelkim posted:
Great results so far

Hello and thank you.

ForexNoop posted:
Hi,

nice work.
The investment in the development seems to be paying off.
I am very curious how it goes.

best reagards

Hello and Thank you.
It will be interesting for sure to see how it handles the markets over a long period of time.
I'll keep posting regular updates. :)

OK. It appears that during the last update to the code base, somehow I've disabled the stoploss setting, so the trade bot wasn't monitoring the stoploss levels as intended. Currently the system is in about a 74% DD which is completely unacceptable, and it didn't close out the losing trades like it was suppose to. A DD% level greater than 30% is unacceptable.

Another thing that I've noticed is that the bot stopped paying attention to the maximum trades allowed. So say for example, that we have a setting of max_trades = 5, that would tell not to open more than a total of 5 trades at a time.

Currently the system is still holding on to more than 20 open trades.


Clearly there needs to be some work done on it today. :)

SO...... problems to troubleshoot today:

BUG #1:
System has stopped monitoring the DD% on the account.

BUG #2:
System is not properly calculating and setting the stoploss levels.

BUG #3:
System is not limiting the maximum number of trades to allow open at any one time

There are probably some other items which need attention as well. But for today, those are the three high priority bugs that need to be resolved right away.

It's experimental, but even when the system trades poorly, it's providing extremely valuable information via the logging it keeps.

I'll post more information later this evening after I've gone over the log files and determine what can be done to keep the system from making those same mistakes again in the future.

good luck:)