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Practical Machine Learning Cookbook

You're reading from   Practical Machine Learning Cookbook Supervised and unsupervised machine learning simplified

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Product type Paperback
Published in Apr 2017
Publisher Packt
ISBN-13 9781785280511
Length 570 pages
Edition 1st Edition
Languages
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Author (1):
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Atul Tripathi Atul Tripathi
Author Profile Icon Atul Tripathi
Atul Tripathi
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Toc

Table of Contents (15) Chapters Close

Preface 1. Introduction to Machine Learning FREE CHAPTER 2. Classification 3. Clustering 4. Model Selection and Regularization 5. Nonlinearity 6. Supervised Learning 7. Unsupervised Learning 8. Reinforcement Learning 9. Structured Prediction 10. Neural Networks 11. Deep Learning 12. Case Study - Exploring World Bank Data 13. Case Study - Pricing Reinsurance Contracts 14. Case Study - Forecast of Electricity Consumption

Random forest - currency trading strategy


The goal of forecasting future price trends for forex markets can be scientifically achieved after carrying out technical analysis. Forex traders develop strategies based on multiple technical analyses such as market trend, volume, range, support and resistance levels, chart patterns and indicators, as well as conducting a multiple time frame analysis using different time-frame charts. Based on statistics of past market action, such as past prices and past volume, a technical analysis strategy is created for evaluating the assets. The main goal for analysis is not to measure an asset's underlying value but to calculate future performance of markets indicated by the historical performance.

Getting ready

In order to perform random forest, we will be using a dataset collected from the US Dollar and GB Pound dataset.

Step 1 - collecting and describing the data

The dataset titled PoundDollar.csv will be used. The dataset is in standard format. There are 5...

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