Applying an Adjusted MACD Approach on Emotional Data for DAX

• MACD (Moving Average Convergence/Divergence) is a trading indicator based on stock prices.

• One of our key concepts is that market oscillation can be anticipated by sign changes of the sentiment scores, we assume the sentiment scores can also be applied in the MACD, instead of stock prices.

• The adjusted MACD achieves a Sortino ratio of 1.49.

• The adjusted MACD on StockPulse’s emotional data especially outperforms in bearish markets.