Re: SMO algorithm
One state-of-the-art SMO-type algorithm can be found in
R.-E. Fan, P.-H. Chen, and C.-J. Lin. Working Set Selection Using Second Order Information for Training SVM. Journal of Machine Learning Research, 6(2005), 1889-1918.
But to implement that, a lot more reading may be needed.
The algorithm is actually implemented in the software package LIBSVM, which includes a matlab/octave interface.
Hope this helps.
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