Noldo

Candlesticks ANN for Stock Markets TF : 1W

Hello, this script consists of training candlesticks with Artificial Neural Networks (ANN).
In addition to the first series, candlesticks' bodies and wicks were also introduced as training inputs.

The inputs are individually trained to find the relationship between the subsequent historical value of all candlestick values ​​1.(High,Low,Close,Open)


The outputs are adapted to the current values ​​with a simple forecast code.
Once the OHLC value is found, the exponential moving averages of 5 and 20 periods are used.

Reminder : OHLC = (Open + High + Close + Low ) / 4


First version :


Script is designed for S&P 500 Indices,Funds,ETFs, especially S&P 500 Stocks,and for all liquid Stocks all around the World.
NOTE: This script is only suitable for 1W time-frame for Stocks.

  • The average training error rates are less than 5 per thousand for each candlestick variable. (Average Error < 0.005 )

I've just finished it and haven't tested it in detail.
So let's use it carefully as a supporter.

Best regards !

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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