Acuity Trading Launches AI-Powered Trading Signals For FX And Crypto
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Acuity Trading shared that it has started using AI-powered trading signals, a new feature in its AnalysisIQ product. The company said this feature uses smart technology to give traders automatic signals for foreign exchange (FX) and cryptocurrency markets.
Acuity explained that these signals work alongside their current expert-led multi-asset signals. Acuity Analytics, the team behind this tool, said the AI-powered signals bring new ways to understand trading and technical analysis.
Acuity Aims To Expand Services With More Stocks, Goods, And FX Markets
The team said the signals use old market ideas with new tools like Natural Language Processing (NLP) and sentiment checks.
The company explained that technical analysis (TA) uses past market numbers to guess future prices. Acuity said it added AI tools that read news and market changes. The platform believes this helps traders see the market in more ways and stay ahead.
Ariel Duarte-López, the Head of Data Science at Acuity, shared that the new signals are helpful for clients. He said the firm use old data and live market news to give ideas for trading.
Acuity said the signals work well with its current AnalysisIQ product. This way, traders can keep using what they already know. The platform shared that this also helps clients pick signals that fit their style and what they trade.
The company mentioned that it now gives signals for over 2,100 assets. These include well-known stock groups like SP500, Russell 2000, EUROStoxx, FTSE100, NASDAQ100, and many cryptocurrencies. Acuity said they focus on assets that are easy to trade and popular, so the signals are useful.
Acuity added that it plans to grow the service soon. The platform wants to include more stocks, goods, and FX markets to give traders more choices.
Acuity Focuses On Smart Tools And Risk Control To Support All Traders
The company shared that it adjusts each trading plan to match different needs, like how fast decisions need to be and how much risk a trader is okay with. They also said their testing, using past data, shows good results.
Dr. Duarte-López said the tests show the signals work well, but he reminded traders to be careful. He said trading is never certain, and keeping risk low is very important.
Acuity explained that the signals do not win every trade but still do well because they control risks carefully. Dr. Duarte-López said the secret is earning more on good trades than losing on bad ones. This way, traders can still do well, even if not every trade wins.
The company also shared its history of helping online traders since 2013. It said its tools use smart technology to help all types of traders. Acuity mentioned it gives flexible ways to use its tools, like APIs, MT4/5, and other services. The platform aims to keep helping traders with tools that are easy to use.