Machine Learning in FX trading beyond the hype, our newest article in e-forex magazine

 

 

Thomas A. Papapolyzos and Stelios Choumas outline a simple algo and ML-based tool that can be used by FX traders to improve performance.

Artificial Intelligence and Machine Learning practices & tools have invaded the Financial Markets in recent years, providing alternative approaches in the creation of trading/investing strategies, beyond the use of various Econometric models for prediction, or the use of tools based on Fundamental or Technical Analysis. The usual econometric models have not delivered as promised in financial assets prediction, since they cannot capture most of the nonlinear, complex & hierarchical relationships between various financial variables.

 

Read more here: https://www.e-forex.net/articles/may-2021-machine-learning-in-fx-trading-beyond-the-hype-and-some-useful-algos.html

 

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