NeuroShell Trader is released by Ward Systems Group, Inc., based in Maryland, USA. This software is designed for building automated trading strategies, allowing users to create custom computerized trading models using traditional technical analysis indicators and artificial intelligence (AI) technology, without the need for programming or coding experience. NeuroShell Trader is not a trading system itself, but a tool for building trading systems.
There are currently three versions of NeuroShell Trader:
- NeuroShell Trader Professional: This is the most basic version, allowing users to create automated trading systems using technical analysis indicators and neural network predictions. This version supports multiple time frames and data types, including monthly, weekly, daily, hourly, minute, second, volume, and range.
- NeuroShell Trader DayTrader: This version is specifically designed for intra-day traders, incorporating all the features of NeuroShell Trader Professional, plus integrated trading capabilities.
- NeuroShell Trader Power User: This is the most advanced version, including all the features of NeuroShell Trader DayTrader, plus multi-time frame analysis capabilities. Users can combine data, indicators, predictions, and trading strategies from different time frames into one chart or analysis. This version also offers features such as hybrid models, expert committees, pair trading, portfolio models, market neutral hedging, market optimization, data export, dynamic link library indicators, custom data sources, and custom broker interfaces.
The main features of NeuroShell Trader include:
A charting interface for developing and backtesting trading systems, supporting multiple time frames and data types.
Over 800 technical analysis and trading system indicators for market analysis and establishing trading rules.
Neural network prediction functionality, using AI technology to uncover patterns in the market and predict future prices or other data streams.
Genetic optimization for swiftly optimizing predictions, trading rules, and indicators, to find the best parameter settings.
Out-of-sample backtesting and forward testing capabilities to determine whether trading models maintain stable performance in future trading, avoiding overfitting past data.
Cross-market data analysis features, incorporating other market indices, data, and indicators into trading models to adapt to market changes.
Integrated trading capabilities to automatically send trading models to preferred broker platforms, and monitor performance, risk, and trading records online.
Custom indicators functionality, allowing the creation and saving of custom indicators or using additional indicators provided by Ward Systems Group or other third-party providers.
Multi-time frame analysis capabilities, integrating data, indicators, predictions, and trading strategies from different time frames into one chart or analysis.
Unlimited extensibility for advanced users, including hybrid models, expert committees, pair trading, portfolio models, market neutral hedging, market optimization, data export, dynamic link library indicators, custom data sources, and custom broker interfaces.
