I. NeuroShell Trader/Trader Professional 2.3
Watch for this new release on our tech support web site www.ward.net. You will be able to download it free there when it is ready in the next week or two. This release is a bug fixing release, where we have corrected all known difficulties in release 2.1 (we were working on a 2.2 for awhile, but we went past it!).
One major new feature is the ability to read daily data from TradeStation 2000i, even if you are using a real time data feed.
Another big problem area where we have corrected a number of problems is in DLL calling in the Trader Professional. DLL calling should now work much better and as advertised.
If you had some problems with release 2.1, chances are they are fixed in 2.3. If not, we want to hear about them.
II. NeuroShell DayTrader Professional
This is the name for our real time (intraday) version that we are working hard on. We still cannot release any technical information about this system,
because until the final whistle blows, things could change. We don’t want to make any statements which we might have to take back later! However,
we are going to be giving attendees at our November 17-19 Seminar a secret preview of the NeuroShell Daytrader Professional if it hasn’t been
announced by then. Stay tuned.
III. NeuroShell Trader Professional Seminar
Speaking of the Seminar, there are still a few seats left. If you think you can benefit, please act now to signup. There are no further classes planned,
and the earliest we may have another class is a year from November. For more information, visit www.neuroshell.com and scroll to the bottom of the first page. Or call and talk to Marge Sherald at 301-662-7950.
IV. Futures West
Several of us enjoyed our weekend at the Futures West Conference in Long Beach. We were especially happy to see so many NeuroShell Trader
users we had never met before, and we signed up a few more. Murray Ruggiero, Jr. did an excellent presentation on neural networks in which he
used the NeuroShell Trader Professional again. The only disappointment of the weekend was that the Spruce Goose is no longer in Long Beach!
V. Adaptive Net Indicators
In the last newsletter we introduced two vendors making “add-ons” for the NeuroShell Trader and NeuroShell Trader Professional. Now we are about to become an add-on vendor ourselves, and our first offering is Adaptive Net Indicators.
Adaptive Net Indicators are special versions of GRNN and PNN nets formulated to do pattern matching, both predicting and classifying. They retrain (quickly) on every new bar, so they are never more than 1 bar behind. You can set the contribution factors yourself so that the net uses your specification of how important the inputs are, instead of the other way around. Of course, you could also let the genetic algorithm find them if you own the NeuroShell Trader Professional. As a matter of fact, you can also let the GA find the optimal number of bars ahead to predict!
Many of you have expressed a desire to have confidence factors for your nets. The classification series of Adaptive Net Indicators will provide you with confidence factors (however, please read the tip on www.ward.net about confidence factors). In addition, Adaptive Net Indicators will make no prediction at all if they feel they have no basis on which to do so.
Adaptive Net Indicators is one package which will be priced at $249 initially, and will be available soon after the NeuroShell Trader Release 2.3 is shipping, because it requires release 2.3 to operate. We will take advance back orders now if you want to be the first on your block to have Adaptive Net Indicators.
VI. NeuroShell / Classifier FAQ
We went through our emails over the last year and compiled a list of the most frequently asked questions about the NeuroShell Predictor and Classifier. (Maybe you’ll see on of your questions there!) Then we took the answers and turned the whole thing into one big FAQ, which we have posted on www.ward.net in the Predictor and Classifier sections. These were all very good questions, and we are willing to bet that not one of you reading this now knows the answers to all of the questions.
On the other hand, if you want to be a neural network expert, or if you just want to build a successful application, we urge you to read them now. Log on with your Predictor or Classifier serial number and select the Frequently Asked Questions sub-section. We think you’ll be happy you did.