Category Trend  Published on 24/04/2023

kNN-Based Market Prediction Indicator

Description

Enhance your trading strategy with the cTrader kNN-Based Market Prediction Indicator, which offers a robust framework for evaluating the potential predictive value of various market indicators. With this powerful tool, you can efficiently identify trends and make informed decisions in the ever-changing world of trading.

-- Download HERE --

This indicator is a powerful tool that utilizes the classic k Nearest Neighbors (kNN) machine learning algorithm to forecast potential market moves. As an unsupervised and straightforward learning algorithm, kNN offers a simple yet effective way to predict future market trends based on historical data.

By comparing the current indicator values with the k-nearest neighbors in the past data, the kNN algorithm can classify the current point and provide a prediction for the next market move, be it for tomorrow, next month, or even further into the future.

The two-dimensional kNN algorithm examines past occurrences when the two indicators were at similar levels, evaluates the state of the k nearest neighbors, and uses this information to classify the current point. This approach allows for the quick and efficient testing of various indicators, such as RSI, COG, WPR, etc., as well as an average of all, to assess and utilize their predictive value.

The output of this indicator will draw buy/sell markers signals, in different opacities marking indicator confidence.

Example view of the output of this indicator


// -------------------------------------------------------------------------------------------------
//
//    kNN-Based Market Prediction Indicator
//    
//    Created by filiptc.
//    https://www.linkedin.com/in/filiptc
//
// -------------------------------------------------------------------------------------------------
 
using cAlgo.API;
using System.Diagnostics;
 
namespace cAlgo
{
    [Indicator(IsOverlay = false, TimeZone = TimeZones.UTC, AccessRights = AccessRights.FullAccess)]
    public class KNNBasedIndicatorDemo : Indicator
    {
         
        protected override void Initialize()
        {
            MessageBoxResult redirect = MessageBox.Show("Please click OK to open a web browser where you can download this indicator", "Open Web Browser", MessageBoxButton.OK, MessageBoxImage.Information);
 
            if (redirect == MessageBoxResult.OK)
            {
                Print("https://payhip.com/b/e41QI");
                var ps = new ProcessStartInfo("https://payhip.com/b/e41QI")
                { 
                    UseShellExecute = true, 
                    Verb = "open" 
                };
                Process.Start(ps);
            }
        }
 
        public override void Calculate(int index)
        {
             
        }
    }
}

FI
filip.tc

Joined on 24.04.2023

  • Distribution: Paid
  • Language: C#
  • Trading platform: cTrader Automate
  • File name: kNN-Based Indicator Demo.algo
  • Rating: 0
  • Installs: 271
  • Modified: 24/04/2023 14:09
Comments
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MI
mike.r.alderson · 1 year ago

Hi there, I just bought this and would really appreciate some tips on how to interpret the results - they seem a little ambiguous - also, how can use the results in the cAlgo.  Is it (indicator).Result.Last(0) - if so, what results should I be comparing them to? 

JA
jaydcrowe1989 · 1 year ago

Thank you. I will take a look at those

GM
gmkenneyy · 1 year ago

@jaydcrowe1989 & jim.tollan

These do the same job

LWMA CrossOver Signal Indicator | Algorithmic Forex Trading | cTrader Community

PWMA CrossOver Signal Indicator | Algorithmic Forex Trading | cTrader Community

We are all waiting to bench test this 'kNN-Based Market Prediction' indicator.

I would like to compare its results with my indicators in the links above 

JA
jaydcrowe1989 · 1 year ago

Is there a free trial version of this please?

BO
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arhamabdul429 · 1 year ago

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JI
jim.tollan · 1 year ago

is the ClickAlgo trial version available yet?? would like to give this a run thro!! 

GM
gmkenneyy · 1 year ago

Good man!!! - By the way, i'm in I.T too and based in Barcelona. Is it ok if i pick your brain on Forex issues that ChatGPT cant fully address? I wont take up much of your time, i know how busy software architects are.

FI
filip.tc · 1 year ago

Hi Kenney,

Thank you for the feedback, "try before buy" is absolutely fair.
I'm already in touch with ClickAlgo, and I'll post the link to the trial version on their site once listed.

Sincerely,
Phil

PS: Glad to hear ChatGPT is working on my behalf. =)

GM
gmkenneyy · 1 year ago

Let "ClickAlgo" handle that for you. Not cAlgo

GM
gmkenneyy · 1 year ago

By the way, your indicator was mentioned on chatGPT based chatbot (the one embedded into Microsoft Edge). This is already helping you advertise your indicator. Its now left for you to harness this rather than shut the door to potential buyers.  

GM
gmkenneyy · 1 year ago

Hello,

I am struggling to find a demo version of this indicator of yours. People need to "try before they buy"

Let cAlgo handle that for you.

Regards

K