Acuity Trading has unveiled TradeSignals, an artificial
intelligence-powered trading signal platform that combines traditional
technical analysis with advanced sentiment analysis for cryptocurrency and
foreign exchange markets.
Acuity Trading Launches AI-Powered Trading Signal Platform
The new automated system, integrated into Acuity’s
AnalysisIQ product suite, processes market data and news sentiment to generate
trading signals across more than 2,000 assets, including major indices like the
S&P 500 and NASDAQ 100.
“By leveraging AI and data science, we’re generating
signals that capture both historical patterns and real-time market
sentiment,” said Ariel Duarte-López, Head of Data Science at Acuity Trading.
The platform enhances conventional technical analysis by
incorporating natural language processing to analyze news sentiment and market
volatility data. This multi-dimensional approach aims to provide traders with
more comprehensive market insights.
While the system’s win rate currently sits below 50%, the
company reports that careful risk management and strategic stop-loss placement
have resulted in profitable outcomes during backtesting. The platform currently
covers 2,122 assets, with plans to expand into global equities, commodities,
and additional forex pairs.
“Even with a lower win rate, our strategy’s profitability is
driven by the higher revenue from successful trades compared to losses from
unsuccessful ones,” adds Ariel Duarte-López, PhD. “This is a crucial aspect of
our risk management approach, ensuring that our clients are supported in making
informed trading decisions.”
Growing Adoption of AI Trading Technology
Multiple financial institutions have recently embraced
Acuity Trading’s artificial intelligence solutions, marking a significant shift
in the retail trading landscape. OneRoyal integrated Acuity’s comprehensive
analytics suite in November 2024, providing its clients with AI-driven market
insights and real-time sentiment analysis tools.
The integration trend continued as Zarvista Capital Markets,
previously known as ZaraFX, implemented Acuity’s AnalysisIQ platform to enhance
its global trading services. This partnership aims to democratize market
analysis tools previously reserved for institutional investors.
In a separate development, FunderPro became the first prop
trading company to adopt Acuity’s Research Terminal in December 2024. This
strategic move enables FunderPro’s funded traders to leverage advanced
AI-powered analytics for more informed trading decisions.
This article was written by Damian Chmiel at www.financemagnates.com.
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