perceptron model with five indicators
Info
The perceptron model with five indicators is a Expert Advisor for MetaTrader 5 that using a perceptron model, this system employs five neural networks (nns) working with five indicators, each nn using a different combination of indicators. the indicator combinations for each nn are as follows:- nn1 = ind2, ind3, ind4, ind5- nn2 = ind1, ind3, ind4, ind5- nn3 = ind1, ind2, ind4, ind5- nn4 = ind1, ind2, ind3, ind5- nn5 = ind1, ind2, ind3, ind4each nn and indicator has a height, which indicates the quality of the signal.
Usage
This tool is typically used for automated trading on major forex pairs and gold.
Platform
This Expert Advisor works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Experts folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use perceptron model with five indicators
1. Installation: Open the "File" menu, select "Open Data Folder," navigate to MQL/Experts, paste your file, and restart the terminal.
2. Activation: Drag the EA from the Navigator onto a chart, ensure "Allow live trading" is checked in the Common tab, and verify the AutoTrading button is green.
3. Optimization: Right-click your chart, choose "Expert List," click "Properties" to adjust inputs, and save your preferred setup as a set file for future use.
4. Maintenance: Regularly check the "Experts" tab in the terminal window to monitor trade logs and potential execution errors.
Frequently Asked Questions
Q: Why is my EA not opening trades? A: Check the "AutoTrading" button, ensure "Allow live trading" is enabled, and verify your broker allows automated trading on your account type.
Q: Can I run multiple EAs on one chart? A: No, each chart can only host one active EA; however, you can open multiple charts for different currency pairs to run several EAs.
Q: What does the "smiley face" icon mean? A: A smiley face in the top-right corner of the chart indicates the EA is successfully running; a frowny face means it is disabled.
What this tool does
using a perceptron model, this system employs five neural networks (nns) working with five indicators, each nn using a different combination of indicators.
Typical Use Case
This Expert Advisor excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Expert Advisor works on MetaTrader 5. Place the file in the MQL5/Experts folder and restart the terminal.
Description & Settings
Related: example of using an on n x model to recognize handwritten numbers - another powerful expert for MetaTrader 5 traders.
using a perceptron model, this system employs five neural networks (nns) working with five indicators, each nn using a different combination of indicators.Also recommended: e-smart trailing - similar expert with strong performance on MetaTrader 5.
the indicator combinations for each nn are as follows:
- nn1 = ind2, ind3, ind4, ind5
- nn2 = ind1, ind3, ind4, ind5
- nn3 = ind1, ind2, ind4, ind5
- nn4 = ind1, ind2, ind3, ind5
- nn5 = ind1, ind2, ind3, ind4
each nn and indicator has a height, which indicates the quality of the signal.
for example, in an order to buy:
- nn1 indicates buy
- nn2 indicates buy
- nn3 indicates sell
- nn4 indicates buy
- nn5 indicates sell
the system then processes these results to determine the best combination of indicators and nns.
during backtesting, there is an initial learning period, after which the system starts generating profits.
this system is intended for learning purposes only and should not be used for live trading.
You may also like: close agent - excellent alternative for expert users on MetaTrader 5.
Source Code
#property copyright "robotfx"
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.00"
#include <trade\trade.mqh>
mqltraderequest trreq;
mqltraderesult trrez;
input int sl=100; // stop loss
input int tp=40; // take profit
input int sinmax=5;.......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.