Chris Satchwell’s regularization indicators described in this issue may be created by using NeuroShell Trader’s ability to call external programs. The programs may be written in C, C++, PowerBasic (also Visual Basic using one of our add-on packages), and Delphi.
After downloading the custom indicators, you can insert them by doing the following:
- Select “New Indicator…” from the Insert menu.
- Select the Custom Indicator category.
- Select the regularization and regularized momentum indicators
- Select the alpha and lambda values you desire.
You have the option of combining these indicators with any of our 800+ built-in indicators into a chart, prediction or trading strategy. In addition, if you decide to use these indicators in a prediction or a trading strategy, the coefficients may be optimized by the Genetic Algorithm built into the NeuroShell Trader Professional and DayTrader Professional. This process will produce custom versions of the regularization indicators that best fit your data.
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