Abstract-Cardiovascular system of the fetus is biological critical infrastructure. Fetal electrocardiogram and its characteristics such as heart ratio, waveform and dynamic behavior overall include vital information about health state, development and possible deviations from normal fetation. Thus fetal heart ratio monitoring is mandatory during pregnancy. Widespread Doppler ultrasound diagnostics can guarantee obtaining accurate results but is not suitable for long-term monitoring. Non-invasive fetal electrocardiography proposes to extract fetal signal from maternal abdominal electrocardiogram. This approach is applicable for long-term monitoring, but because of amplitude of maternal R-peaks is significantly larger than fetal it is a challenge to extract fetal signal. In this paper we propose using dynamic neural networks for extracting fetal components and demonstrate its advantages compared to blind source separation though independent component analysis. The training algorithm is a combination of backpropagation through time and resilient propagation. The proposed approach accuracy of R-peak detection is 97%. Statistical analysis proved that developed algorithm can process even non-stationary signals with loss of accuracy and no additional training is required.