Build powerful new tools using Wave59 indicators as building blocks & make familiar techniques more powerful. Indicators like Moving Averages and Momentum Curves are more effective after they’ve been processed with Wave59’s Neural Network wizard.
Wave59 contains an advanced Artificial Intelligence module that allows technical traders to apply neural networks to a specific problem, such as reducing lag or even attempting to forecasting indicator values 2-3 bars into the future. Wave59’s proprietary genetic algorithm teaches the neural network the patterns in the data and has complete control over all phases of network training and structure.
Genetic algorithms are optimization tools based on evolutionary theories - chromosomes containing neural network data are mated, mutated, and sorted in the same way as plant and animal life in nature. The best chromosome at the end of the training period is the one that gets used in the neural network.