Reimagining Classic Strategies (Part X): Can AI Power The MACD?
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, Today at 10:28 AM (8 Views)
more...The moving average cross-over is probably one of the oldest existing trading strategies. The Moving Average Convergence Divergence (MACD) is a very popular indicator is built on top of the notion of moving average cross-overs. There are many new members of our community who may be curious to know the predictive power of the MACD indicator, in their search to build the best trading strategy possible. Additionally, there are seasoned technical analysts who utilize the MACD in their strategies who may hold the same question in mind. This article will present you with an empirical analysis of the indicator's predictive power on the EURUSD pair. Additionally, we will equip you with modelling techniques you can use to enhance your technical analysis with AI.