SOMFX1Predictor

If you like trading by candle patterns and want to reinforce this approach by modern technologies, this indicator and other related tools are for you. In fact, this indicator is a part of a toolbox, that includes a neural network engine implementing Self-Organizing Map (SOM) for candle patterns recognition, prediction, and provides you with an option to explore input and resulting data. The toolbox contains:

• SOMFX1Builder - a script for training neural networks; it builds a file with generalized data about most characteristic price figures which can be used for next bars prediction either in a built-in sub-window (see SOMFX1 below), or directly on the chart (see SOMFX1Predictor below);
• SOMFX1 - the indicator for price pattern prediction and visual analysis of a trained neural network, input and resulting data (in a separate sub-window);
• SOMFX1Predictor - this indicator for predicting price patterns just in the main window;

The tools are separated from each other due to some metaTrader 4 limitations, for example, it's not currently possible to run lengthy calculations in indicators because they are executed in the main thread.

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