BPNN Predictor - forecast of price using neural networks
BPNN Predictor is an indicator pertaining to the category of predictors. To predict the future behavior of prices BPNN Predictor uses a neural network with three layers. The indicator is universal, but it is better to use at higher timeframes.
Characteristics of BPNN Predictor
Platform: Metatrader4
Currency pairs: Any currency pairs
Trading Time: Around the clock
Timeframe: Any, recommended H1 and higher
Recommended broker: Roboforex, XM, InstaForex
The use of the BPNN Predictor in trade
BPNN Predictor is building on a price chart three lines:
Red - forecast of future prices;
Black - past the opening price, which at the time of study were used as the expected output of the network;
Blue - network outputs obtained during the study given to the input data.
The indicator is presented in two forms: BPNN Predictor and BPNN Predictor with Smoothing, in which the EMA-smoothing is used.
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