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Using MetaTrader 5 Indicators with ENCOG Machine Learning Framework

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  • Using MetaTrader 5 Indicators with ENCOG Machine Learning Framework

    Introduction

    This article will introduce MetaTrader 5 to ENCOG - advanced neural network and machine learning framework developed by Heaton Research. There are previously described methods I know of that enable MetaTrader to use machine learning techniques: FANN, NeuroSolutions, Matlab and NeuroShell. I hope that ENCOG will be a complementary solution since it is a robust and well designed code.

    Why I chose ENCOG? There are a few reasons.
    1. ENCOG is used in two other commercial trading software packages. One is based on C#, second on JAVA. This means it has already been tested to predict financial timeseries data.
    2. ENCOG is free and open source software. If you would like to see what is going on inside a neural network you can browse the source code. This is what I actually did to understand parts of the timeseries prediciton problem. C# is clean and easy to understand programming language.
    3. ENCOG is very well documented. Mr Heaton, founder of Heaton Research provides a free online course on Neural Networks, Machine Learning and using ENCOG to predict future data. I went through many of his lessons before writing this article. They helped me to understand Artificial Neural Networks a lot. Additionaly there are e-books about programming ENCOG in JAVA and C# on Heaton Research website. Full ENCOG documentation is available online.
    4. ENCOG is not a dead project. As the time of writing this article ENCOG 2.6 is still under development. ENCOG 3.0 roadmap has recently been published.
    5. ENCOG is robust. It is well designed, can use multiple CPU cores and multithreading to speed up neural network calculations. Parts of the code start to be ported for OpenCL - GPU enabled calculations.
    6. ECNOG currently supported features:
    Read more - Using MetaTrader 5 Indicators with ENCOG Machine Learning Framework for Timeseries Prediction

  • #2
    Hi MT-MC, I would like to recommend you a;so take a look at there frameworks and libs for machine learning
    To integrate AI into your software, you should use apt AI framework and libraries to implement it. Using our guide, you will be able to find the best AI libraries and frameworks that can augment your app with machine and deep learning features.

    Comment

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