by John Sweeney
Traders using neural network software have often longed for a neural network package that contained
the indicators they use. The alternative is to create those indicators, such as the relative strength index
(RSI), in a spreadsheet or a trading package and then do the export/import trick to get them to the neural
net processor. Ward Systems' NeuroShell 2 not only provides a ton of familiar indicators (with parameter
adjustment), it also provides an optimizing routine that determines which are most predictive of the target
variables and with which parameters. Though this does not eliminate all data preprocessing, for traders
this is edging toward Valhalla.
Unlike the old generation of network products, getting NeuroShell 2 up and running isn't difficult. The
installer follows Microsoft's conventions, something that cannot be said consistently of other programs .
If you have enough Windows products with enough upgrades, you'll be happy with this because the
different versions won't conflict with each other. Actually, the only installation tip necessary is to place
NeuroShell 2 just below your root directory, because it uses enough directories and files to potentially run
out of string length in making calls.