Elliott Waves Recognition Via Neural Networks
نویسندگان
چکیده
In this paper we introduce our method that is able to analyze and recognize Elliott waves in time series. Our method uses an artificial neural network that is adapted by backpropagation. Neural network uses Elliot wave’s patterns in order to extract them and recognize. Artificial neural networks are suitable for pattern recognition in time series mainly because of learning only from examples. There is no need to add additional information that could bring more confusion than recognition effect. Neural networks are able to generalize and are resistant to noise. On the other hand, it is generally not possible to determine exactly what a neural network learned and it is also hard to estimate possible recognition error. They are ideal especially when we do not have any other description of the observed series. This paper also includes experimental results of Elliott waves recognition carried out with our method.
منابع مشابه
Copper Price Prediction using Wave Count with Contribution of Elliott Waves
Within the last few decades, copper has been identified as one of the most applicable metals by many researchers. These researchers have also been enthusiastic to predict the price of this valuable metal. These days, the available technical analysis methods have been highly applied in the financial markets. Moreover, the researchers have used these methods to predict the suitable price tr...
متن کاملEffect of sound classification by neural networks in the recognition of human hearing
In this paper, we focus on two basic issues: (a) the classification of sound by neural networks based on frequency and sound intensity parameters (b) evaluating the health of different human ears as compared to of those a healthy person. Sound classification by a specific feed forward neural network with two inputs as frequency and sound intensity and two hidden layers is proposed. This process...
متن کاملIntegration of Color Features and Artificial Neural Networks for In-field Recognition of Saffron Flower
ABSTRACT-Manual harvesting of saffron as a laborious and exhausting job; it not only raises production costs, but also reduces the quality due to contaminations. Saffron quality could be enhanced if automated harvesting is substituted. As the main step towards designing a saffron harvester robot, an appropriate algorithm was developed in this study based on image processing techniques to recogn...
متن کاملEstimation of Hand Skeletal Postures by Using Deep Convolutional Neural Networks
Hand posture estimation attracts researchers because of its many applications. Hand posture recognition systems simulate the hand postures by using mathematical algorithms. Convolutional neural networks have provided the best results in the hand posture recognition so far. In this paper, we propose a new method to estimate the hand skeletal posture by using deep convolutional neural networks. T...
متن کامل