NeuroShell Trader (Ward Systems Group, Inc.) Neural nets for financial predictions. by John Sweeney
Neural nets, like artificial intelligence
theory, were once the hot
topic among traders. As the
usual frustrations with a
new technique took hold, hype died
down and vendors consolidated. Of the
remaining few, Ward Systems is among
the most dedicated of neural net vendors,
developer Steve Ward being an
enthusiast, to say the least.
Ward noted that 40-50% of his neural
network customers were traders and
resolved to offer them a complete pack-age
— one with easy data access, charting,
indicators, and no neural net confu-sion.
The goal was for them to turn it on
and run it without being aware that it
was a neural net at all.
NeuroShell Trader doesn’t quite
achieve that, but it gets close. The program
focuses on trading research: predicting
prices, developing trading signals,
finding trends by testing and building
complex indicators. NeuroShell
Trader can do walk-forward testing,
graph its indicators and predictions along
with prices and export them to other
programs, principally that of Omega
Research and Equis.