Product / Product Information / Neural Nets
Neural networks are a relatively new and the most powerful
method of technical analysis, capable of providing
an assessment of the current market situation precise
enough to enable the trader to predict the market developments
that will take place in the near future.
Neural networks base their assessments on the price
data patterns, discovered by them in the past data
during their training.
All the other (statistical) methods yield much worse
results in stock price forecasting, as they fail
to uncover those hidden market interdependencies that only
neural nets are able to detect.
However, neural networks are not a "silver bullet".
They should be used consciously and combined with other advanced
methods. Tradecision allows you to use adaptable and
precise constructive neural networks. Unlike any
other nets you may have seen or tried before, constructive
networks are new, state-of-the-art nets. These networks grow
and train themselves during iterative price data analysis.
To learn more about neural networks and how they should be
used, visit our Knowledge Emporium.