Creating Buy/Sell Signals for Gold Futures

Posted on Sa 08 März 2008 in misc • 2 min read

  • Futures
  • Neural Nets
  • Products
  • Stocks tags:
  • AUDUSD
  • Futures
  • Gold
  • Neural Net meta: dsq_thread_id: '215449224' author:

    I wrote in my Stock Signal Reviews - Boeing and The S&P500 post yesterday that you can use Stock Neuromaster to create buy and sell signals for Futures data as well. If you can download your quote data into a CSV format (or at least transform it to CSV), then you can import that data into the program, build a neural net model, and generate buy and sell signals. The only downside is that you have update the model manually by downloading the next day's, or week's, data in CSV format.

    snm-gold-030508.jpg

    Here's a snapshot of the Gold Continous Futures Contract model I built using one year of data through the close of 3/5/08. You can clearly see that the Gold model closed out the short position for 3/6/08's open. Probably a wise move since Gold might move higher over the next few days.

    snm-gold-030608.jpg

    Next is a snapshot of the Gold model updated with 3/6/08 data loaded in from CSV formated data. You can see that it generated a BUY signal for the market open on 3/7/08. Unfortunately Gold closed down at $973.20 on 3/7/08 and you'd be sitting on small loss if you went long but the model issued a HOLD signal for Monday's open so we'll see what happens.

    You can even load in Currency Futures data for all of us Forex traders out there! In fact, I just did that for AUDUSD currency data!

    Tip: Read the help instructions on how to format the CSV data (especially for the date format) before you load it into Stock Neuromaster. If you don't formate the CSV data correctly, it won't load and you'll stare a blank screen wondering what happened.