Acuity Trading announced Wednesday that it has launched fully automated AI-powered trading signals.
Acuity Trading Announces Launch of Fully Automated AI-Powered Trading Signals
The new feature, integrated into Acuity’s AnalysisIQ product, offers traders both expert human-led multi-asset signals and automated signals driven by advanced AI, specifically targeting the FX and cryptocurrency markets.
The product was developed by Acuity Analytics. The AI-powered signals leverage Natural Language Processing (NLP) and sentiment analysis to help boost traditional technical analysis, according to the company.
Acuity explains that by incorporating real-time market sentiment and volatility, the signals provide traders with a “more comprehensive, multi-dimensional research approach, providing traders with a critical edge in the dynamic financial markets.”
Ariel Duarte-López, Head of Data Science at Acuity, commented: “Acuity automated signals represent a significant advancement to our already popular technical analysis offering. By leveraging AI and data science, we’re able to generate trading signals that not only reflect historical data but also capture real-time market sentiment and volatility.”
Acuity’s trading signals currently cover 2,122 assets, including major indices like the SP500, FTSE100 and a variety of cryptocurrencies. The company plans to expand its coverage to additional global equities, commodities, and foreign exchange markets.
Acuity added that its AI-driven trades have outperformed traditional buy-and-hold strategies. “Despite a win rate below 50%, the AI-powered trades have proven profitable due to careful risk management and effective stop-loss measures,” the company stated.