I am fairly new to trading but I am studying a master in economics and heavily rely on econometrical analysis for my research, so I know that well.

I wanted to know if there were any models out there in which they use econometrical analysis and macroeconomic variables to help ‘predict’ market trends, i.e. within some confidence levels.

I have recently looked into Bollinger bands and at first look they seems to work so I thought about how I could capture this data (along with other data) into a regression model.

What I am thinking of is constructing a model which takes many macroeconomic variables along with intra-day variables into account, as they say markets repeats itself so it´s possible that this may work.

I was thinking of programming a system that would download this data in intervals of 5 minutes, 1 hour or even each day into an excel spreadsheet which then will be imported into an econometric package, i.e. Stata and it will update me with ´predictions´ as such, or at least I can make inference on the market given the economic data collected.

So I am essentially just brainstorming ideas for variables I could model, i.e. highs and lows of the day, 20 day moving average, Bollinger bands as these are just numbers which can be regressed.

Let me know what you think,

Thanks

I wanted to know if there were any models out there in which they use econometrical analysis and macroeconomic variables to help ‘predict’ market trends, i.e. within some confidence levels.

I have recently looked into Bollinger bands and at first look they seems to work so I thought about how I could capture this data (along with other data) into a regression model.

What I am thinking of is constructing a model which takes many macroeconomic variables along with intra-day variables into account, as they say markets repeats itself so it´s possible that this may work.

I was thinking of programming a system that would download this data in intervals of 5 minutes, 1 hour or even each day into an excel spreadsheet which then will be imported into an econometric package, i.e. Stata and it will update me with ´predictions´ as such, or at least I can make inference on the market given the economic data collected.

So I am essentially just brainstorming ideas for variables I could model, i.e. highs and lows of the day, 20 day moving average, Bollinger bands as these are just numbers which can be regressed.

Let me know what you think,

Thanks

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