Radial Basis Network (RBN) - As Fit Filter For Price

:: I put it in back testing, but it takes much CPU processing... very slow

:: How do you trade with something like this?

Interesting indicator

Hi,

Your indicator sure seems interesting - if you don't mind, I would like to know more about where you found these formula's?

I trade something simular live... (see picture)

I use an object from Gistatgroup.com (with a whole lot of additional code etc.) so I cannot give you an indicator.

Perhaps you'd like to explore these ideas as well - if you do decide to spend a few dollars and buy that SSA component, perhaps we may work together because it seems like you and me are thinking along the same lines.

how to use your indicator?

hm i dont get it....please explain more details...dont worry about your english

Where do you get 0.8325546 from?

try to explain this!

radial basis functions is exponential summetric Gaussian functions like exp(-x*x/[2*h*h]).

exp is 2.71... constant like pi=3.14159... . Gaussian functions describe and explain many (all) proceses in our world and uneverse.

for simple we use [2*h*h]=1 or exp(-x*x).

there are many classes of this functions like:

- exp(-x)

- 1/[(1+x)*(1+x)]

- 1/(1+z*z)

- x^alpha*ln(x)

- x*x+alpha*x+betta (polinomial formula) and others.

in graphik its view as old door bell _/\_ .

like binar system 1 and 0 its probability 50% and 50% is equal.

if y=exp(-x*x) and y=50% (blue horizontal level). y=1 y(50%)=0.5

and x=sqrt[-ln(0.5)]=0.83255 (+ and -). for other functions its different.

and parameter of indicator width=5 its depend on this number 0.83255/width like normalization (change this to 1 and see how its look).

its very simple to use indicator: add it to chart window with default settings (euro usd) and see where 10 red predicted balls on price look: for(i=0;i>-10;i--) i0 bigger i-1 bigger i-2 bigger i-3 ... BUY

for SELL i0 less i-1 less i-2 less i-3 ...

and red line in separate window (last 3 or 5 bars) have max or min and invert to other side - this is signal. (if max and fall & red ball is down - SELL).

in source you may add new function (for expample copy def to def_new in which close price is replase to open and add in header new second buffer) and then red cross blue from down to up - BUY, to SELL - cross from up to down (see in Rbn++_Double.mq4 test in history use to_past settings).

you can aproximate any discreet function (like MA in each bar just add it instead close price in def).

indicator use neual net in its basic rule like regression with 1000% prediction power.

take profit friends!!!

icexp

icexp you are the man nice idea thanks for your effort

but does this indicator repaint the past

and can you post the code to apply it to moving average instead of close

sory i am not a programmer

but maybe it will work well

can we applied also to any custom indicator like the one attached the xpma

Thanks for the explanation. I've PM-ed you with my notes.

This indicator repaints

SMA with IceXP RBN

I have applied IceXP method to predict the SMA, the reason to use SMA(Simble Moving Avarage) is that I can extract the close price from it easly using simple math, other MA types needs Trial-and-Error resurcive methods to get the Close price from the MA.

However, the prediction was good for the MA (especially if parameter width is less then 1), but the Close price extracted from the predicted MA is not so good.

I will post the results soon, I just need to try some more patameters to the Gaussian function as IceXP explained.

This indicator does not repaint, but I found a shift of one bar in IceXP code, I will post the slightly modified version tonight.

Thanks IceXP for the good theory.